Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

What happens when we try the option for "Best Subsets" inside Minitab for my "Good Problem" question? (Click "Regression" then "Best Subsets". List the INDEPENDENT VARIABLES as the "free predictors".)

Note that Minitab labels "Response" variable what we call "dependent variables"; likewise, Minitab labels "free response" variables what we call "independent variables".

How can we take this "chart" and use it to find the Regression Equation? What is the equation?

HINT: The "s" column shows the standard error for each model. The last few columns show which variable(s) are in the model. (The "x" means the variable is used in the model.)

Additional Requirements

Level of Detail: Show all work
Other Requirements: adding on to the original question -

What happens when we try the option for "Best Subsets" inside Minitab for my "Good Problem" question? (Click "Regression" then "Best Subsets". List the INDEPENDENT VARIABLES as the "free predictors".)

Note that Minitab labels "Response" variable what we call "dependent variables"; likewise, Minitab labels "free response" variables what we call "independent variables".

How can we take this "chart" and use it to find the Regression Equation? What is the equation?

HINT: The "s" column shows the standard error for each model. The last few columns show which variable(s) are in the model. (The "x" means the variable is used in the model.)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9682522

Have any Question?


Related Questions in Statistics and Probability

Now assume that i am talking about a normally distributed

Now assume that I am talking about a normally distributed set of data: An IQ test. This IQ test has a mean of 100 and a standard deviation of 15. Find the following probabilities What is the probability that someone scor ...

Explain how the company newmans own brand fulfills the

Explain how the company Newman's Own brand fulfills the definition of a business for profit and a non-profit business at the same time. Consider in the response the functions of business, entrepreneurship and production ...

The probability of the mets winning a game against the

The probability of the Mets winning a game against the Diamondbacks is 3/4. If they are playing a three-game series this weekend, what is the probability that the Mets will win at least 2 out of 3 games?

The probability of a california teenager owning a surfboard

The probability of a California teenager owning a surfboard is 0.43, of owning a skateboard is 0.38, and of owning both is 0.28. If a California teenager is selected at random, find the probability that he or she owns a ...

A media rental store rented the following number of movie

A media rental store rented the following number of movie titles in each of these catagories: 160 horrors, 242 drama, 114 mystery, 308 romance, and 134 comedy. If a person selects a movie to rent, find the probability th ...

Please help me study by helping me with this questionnbspif

Please help me study by helping me with this question. If D 0  = $3.50, g (which is constant) = 6.0%, and P 0  = $80, what is the stock's expected dividend yield for the coming year? The formula for calculating the first ...

If material hardness is normally distributed with a mean of

If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?

Anbsphow much money would you have to invest today to

a.  How much money would you have to invest today to accumulate ?$3,100   after  4 years  if the rate of return on your investment is 15?%? b.  What is the present value of ?$3,100 that you will receive after 4 years if ...

A lot contains 15 items and 6 are defective if two items

A lot contains 15 items and 6 are defective. If two items are drawn at random from the lot, without replacement, what is the probability there is exactly one non-defective? (Hint: You have to use both Multiplication and ...

Can you look for multicollinearity between a categorical

Can you look for multicollinearity between a categorical independent variable and a continuous dependent variable or can you only look for multicollinearity between a continuous independent variable and a continuous depe ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As