Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Part I:

1. How would you define "the best fit line" in scatter plot of regression analysis?

a. An imaginary line drawn in such a way that the total variance of distance for each data point from this line is minimized.
b. An imaginary line drawn in such a way that the total variance of distance for each data point from this line is maximized.
c. An imaginary line drawn in such a way that the total variance of distance for each data point from this line remains constant.
d. All of the above.

2. In order to run a linear regression, the following assumption(s) have to be met:

a. Data fits the straight line model
b. Both, the DV and IV(s) have to be continuous variables
c. Both "a" and "b"
d. None of the above

3. R Square is a measure of

a. Residual's in DV explained by the IV(s) in regression analysis
b. Regression's in DV explained by the IV(s) in regression analysis
c. Variance explained in DV by the IV(s) in regression analysis
d. All of the above

4. If the "F" value in ANOVA table of Linear Regression Analysis is significant (p < .05), what does it mean?

a. The data does not fit the straight line model
b. The data fits the curvilinear model
c. The data does not fit the curvilinear model
d. The data fits the straight line model
e. All of the above

5. If the "F" value in ANOVA table of Linear Regression Analysis is not significant (p > .05), what does it mean?

a. The data does not fit the straight line model
b. We cannot proceed with Regression Analysis
c. The data fits the straight line model
d. We can proceed with Regression Analysis
e. Both "a" and "b"

6. In the equation for a straight line y = a + bx, the intercept "a" is

a. the dependent variable
b. the variable used to predict the dependent variable
c. the change in y for any unit change in x
d. the distance from origin to the point where the straight line cuts the y axis, at x = 0

7. In the formula for a straight line y = a + bx, the slope "b" is defined as

a. the change in y for a unit change in x
b. where the line cuts the y axis when x = 0
c. the variable used to predict the dependent variable
d. the dependent variable

8. If the intercept (constant) is found to be 2 and the slope is found to be 5, for any independent variable X in a Bivariate Regression coefficient table results, and are found to be significant, then the equation will be given by (where Y is the dependent variable):

a. Y = 2 + 3X
b. Y = 2 + 5X
c. Y = 5 + 2X
d. Y = 3 + 2X

9. In a multiple regression, the relative importance of the independent variables in predicting/explaining the dependent variable is determined by examining the:

a. R2 values
b. F-values
c. unstandardized (B) values
d. p values

10. Multiple Regression analysis there is/are ________ independent variable(s) and _____ dependant variable(s).

a. One: more than one
b. More than one: one
c. Nonmetric-scaled: metric scaled
d. Multiple: multiple
e. One: multiple

Part II:

Regression (visitfre(DV), prices(IV)
Variables Entered/Removeda
Model Variables Entered Variables Removed Method

1 pricesb . Enter

a. Dependent Variable: visitfre
b. All requested variables entered.
Model Summary
Model R R Square Adjusted R Square Std. Error of the Estimate
1 .160a .026 .017 1.088
a. Predictors: (Constant), prices

ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 3.668 1 3.668 3.099 .081b
Residual 139.657 118 1.184
Total 143.325 119
a. Dependent Variable: visitfre
b. Predictors: (Constant), prices
Coefficientsa
Model Unstandardized Coefficients Standardized Coefficients t Sig.
B Std. Error Beta
1 (Constant) 2.773 .383 7.237 .000
prices .176 .100 .160 1.761 .081
a. Dependent Variable: visitfre

11. In the SPSS Tables Set-1 for the Regression Analysis, what is the dependent variable and what is/are the independent variable(s) respectively:

a. visitfre and prices
b. price and visitfre
c. visitfre and location
d. location and prices

12. In the SPSS Tables Set-1 for the Regression Analysis, what % of variance in visitfre is explained by prices. (Hint- Look for R-Square value as a % of 1)

a. 16.0%
b. 2.6%
c. 8.1%
d. 10.0 %
13. In the SPSS Tables Set-1 for the Regression Analysis, does the data fits the straight line model (Hint- look at the significance of "F" value in ANOVA table).

a. Yes, we can proceed with regression analysis
b. No, we cannot proceed with regression analysis

Part III:

Regression (visitfre(DV), entertai(IV)
Variables Entered/Removeda
Model Variables Entered Variables Removed Method
1 entertaib . Enter
a. Dependent Variable: visitfre
b. All requested variables entered.

Model Summary
Model R R Square Adjusted R Square Std. Error of the Estimate
1 .427a .182 .175 .997
a. Predictors: (Constant), entertai

ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 26.145 1 26.145 26.328 .000b
Residual 117.180 118 .993
Total 143.325 119
a. Dependent Variable: visitfre
b. Predictors: (Constant), entertai

Coefficientsa
Model Unstandardized Coefficients Standardized Coefficients t Sig.
B Std. Error Beta
1 (Constant) 1.772 .335 5.294 .000
entertai .451 .088 .427 5.131 .000
a. Dependent Variable: visitfre

14. In the SPSS Tables Set-2 for the Regression Analysis, what is the dependent variable and what is/are the independent variable(s) respectively:

a. visitfre and prices
b. price and visitfre
c. visitfre and entertai
d. location and prices

15. In the SPSS Tables Set-2 for the Regression Analysis, what % of variance in visitfre is explained by entertai. (Hint- Look for R-Square value as a % of 1)

a. 16.0%
b. 2.6%
c. 18.2%
d. 10.0 %

16. In the SPSS Tables Set-2 for the Regression Analysis, does the data fits the straight line model (Hint- look at the significance of "F" value in ANOVA table).

a. Yes, we can proceed with regression analysis
b. No, we cannot proceed with regression analysis

Part IV:

Variables Entered/Removeda
Model Variables Entered Variables Removed Method
1 beconvie, entertai, feelsafeb . Enter
a. Dependent Variable: visitfre
b. All requested variables entered.
Model Summary
Model R R Square Adjusted R Square Std. Error of the Estimate
1 .591a .350 .333 .896
a. Predictors: (Constant), beconvie, entertai, feelsafe
ANOVAa
Model Sum of Squares df Mean Square F Sig.
1 Regression 50.114 3 16.705 20.788 .000b
Residual 93.211 116 .804
Total 143.325 119
a. Dependent Variable: visitfre
b. Predictors: (Constant), beconvie, entertai, feelsafe

Coefficientsa
Model Unstandardized Coefficients Standardized Coefficients t Sig.
B Std. Error Beta
1 (Constant) .318 .416 .763 .447
entertai .345 .081 .327 4.237 .000
feelsafe .191 .093 .170 2.043 .043
beconvie .287 .075 .320 3.830 .000
a. Dependent Variable: visitfre

17. In the SPSS Tables Set-3 for the Regression Analysis, what is the dependent variable and what is/are the independent variable(s) respectively:

a. visitfre and prices, location, foodtype
b. price and visitfre, entertain, beconvie
c. visitfre and entertain, feelsafe, beconvie
d. location and prices, entertain, feelsafe

18. In the SPSS Tables Set-3 for the Regression Analysis, what % of variance in DV (visitfre) is explained by the IV(s). (Hint- Look for R-Square value as a % of 1)

a. 59.1%
b. 2.6%
c. 18.2%
d. 35.0 %

19. In the SPSS Tables Set-3 for the Regression Analysis, does the data fits the straight line model (Hint- look at the significance of "F" value in ANOVA table).

a. Yes, we can proceed with regression analysis
b. No, we cannot proceed with regression analysis

20. In the SPSS Tables Set-3 for the Regression Analysis, when running a linear regression to find out the impact of "entertain", "feelsafe", and "beconvie" (ALL TAKEN TOGETHER) on "visitfre" , what is the regression equation in form of y = c + m1x1 + m2x2 + m3x3 (where y-visitfre, c-constant, x1-entertai, m1-slope of entertai, x2-feelsafe, m2-slope of feelsafe, x3-beconvie, and m3- slope of beconvie) depicting this relationship. (Hint- Look at respective values of unstandardized coefficients in the coefficients table)

a. y = 1.792 + 0.414x1 + 0.411x2 + 0.411x3
b. y = 0.318 + 0.345x1 + 0.191x2 + 0.287x3
c. y = 0.381 + 0.099x1 + 0.079x2 + 0.411x3
d. y = 0.127 + 0.162x1 + 0.210x2 + 0.507x3

21. The coefficient of correlation ranges from -1 to +1, what is the range of "unstandardized B weight" or the slope for any independent variable in regression analysis?

a. -1 to +1
b. -10 to +10
c. -∞ to +∞
d. -100 to +100

22. Assuming any two variables' have a perfect positive CORRELATION of +1 and the SLOPE of the best fit line in Bivariate Regression for some other set of a DV and an IV is found to be +1. What happens to the value of correlation and slope if, by including some more data, the angle of inclination of the lines in correlation and regression increases from the prior 45 degrees.

a. Correlation Decreases / Slope Increases
b. Correlation Increases / Slope Increases
c. Correlation Decreases / Slope Decreases
d. Correlation Increases / Slope Decreases

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91597166
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Suppose a life insurance company sells a 230000 one-year

Suppose a life insurance company sells a $230,000 ?one-year term life insurance policy to a 20?-year-old female for ?$330. The probability that the female survives the year is 0.999642. Compute and interpret the expected ...

Jane is an analyst and their company wants to get a return

Jane is an analyst and their company wants to get a return of atleast 7.3% compounded Semi-Annually on their investment. Jane will only have use of the money for 111 Months before the company needs it for another project ...

1 if you deposited 2000 today in an account that gave you 5

1. If you deposited $2,000 today in an account that gave you 5% APR compounded interest, how much would you have in 10 years? 2. Suppose you want $5,000 in your bank account when you graduate in four years, how much woul ...

A random sample of 18 eighth grade students scores on a

A random sample of 18 eighth grade? students' scores on a national mathematics assessment test has a mean score of 269. This test result prompts a state school administrator to declare that the mean score for the? state' ...

Your company is considering a new project that will require

Your Company is considering a new project that will require $18,000 of new equipment at the start of the project. The equipment will have a depreciable life of 5 years and will be depreciated to a book value of $3,000 us ...

Given a trendline of y 5832x 135799 where the variable x

Given a trendline of y = 5832x + 135799, where the variable x represents the age of a home (in years) and the variable y represents its current market value (in dollars), use this trendline to predict the current market ...

The owner of the heating and air-conditioning company has

The owner of the heating and air-conditioning company has two employees that make service calls. He is interested in the number of service calls made per day. The sample standard deviation for employee A is 1.05 calls pe ...

Heightnbspinnbspinchesnbsp69nbsp67nbsp69nbsp71nbsp70nbsp72nb

Height in inches  69  67  69  71  70  72  Weight in lbs  164  161  189  192  184  198  a) Find the equation of the regression line with height as the explanatory variable and use the regression line to find the predicted ...

A teacher started class one day by drawing the names of 10

A teacher started class one day by drawing the names of 10 students out of a hat and asked them to accomplish as much pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standar ...

Net present valuenbspriggs corp management is planning to

Net present value:  Riggs Corp. management is planning to spend $650,000 on a new- marketing campaign. They believe that this action will result in additional cash flows of $325,000 over the next three years. If the disc ...

  • 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