Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Using the data of Exercise 100,

(a) Create a new variable, x1x2.

(b) Fit a surface of the form

(c) Find the correlation matrix of the four independent variables. Is there evidence of multi collinearity? (d) Standardize each of the three independent variables x1, x2, and x3, and create a new variable that is the product of the standardized values of x1 and x2.

(e) Fit a curved surface of the same form to the standardized variables. Compare the goodness of fit of this surface to that of the linear surface fitted in Exercise 100.

(f) Find the correlation matrix of the four standardized independent variables and compare with the results of part (c).

Exercise 100

The following data represent more extended measurements of monthly water usage at the plant referred to in Exercise 98 over a period of 20 months:

(a) Use an appropriate computer program to fit a linear surface to these data.

(b) Use a computer program to make a normal-scores plot of the residuals. Does the assumption of normality appear to be satisfied at least approximately?

(c) Plot the residuals against  and determine whether the pattern is random.

(d) Check for excessive multi collinearity among the independent variables.

Exercise 98

(a) Use an appropriate computer program to fit a plane to the following data relating the monthly water usage of a production plant (gallons) to its monthly production (tons), mean monthly ambient temperature (?F), and the monthly number of days of plant operation over a period of 12 months.

(b) Estimate the water usage of the plant during a month when its production is 90.0 tons, the mean ambient temperature is 65?F, and it operates for 20 days.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91893715

Have any Question?


Related Questions in Statistics and Probability

Strip mining inc can develop a new mine at an initial cost

Strip Mining Inc. can develop a new mine at an initial cost of $11 million. The mine will provide a cash flow of $39 million in 1 year. The land then must be reclaimed at a cost of $32 million in the second year. a.  Wha ...

Bond x1 is a premium bond with a 12 coupon bond x2 is a 6

Bond X1 is a premium bond with a 12% coupon. Bond X2 is a 6% coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 8%, and have seven years to maturity. (Round off all answers to 2 d ...

How do you calculate conditional probability for behaviors

How do you calculate conditional probability for behaviors in applied behavior analysis?

Below are commute times and amounts of rainfall for a few

Below are commute times and amounts of rainfall for a few randomly selected dates last year. Rain (mm) Commute time (min) 3 20 0 10 1 25 9 30 15 60 12 25 Treat "Rain" as the X variable Compute the value of r for the corr ...

What types processes or procedures support project

What types processes or procedures support project management, continuous improvement and innovative initiatives?

An insurance company will pay dave 220000 the market value

An insurance company will pay Dave $220,000 (the market value of the house) should his house be destroyed by fire during the year. In return, Dave pays the insurance company $1280 that year (called the "premium") for tha ...

According to bottledwaterorg per capita consumption of

According to bottledwater.org, per capita consumption of bottled water in the U.S. in 2012 was reported to be 30.8 gallons. Assume that the amount of bottled water consumed per person is Normally distributed with mean 30 ...

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 ...

The managers of a car store observe that 70 of all the cars

The managers of a car store observe that 70% of all the cars they sell are bought by people who already own a car. They also observe that 50% of the customers who come to the store but do not buy a car, already own one. ...

A calculus student takes a 20 question multiple choice test

A calculus student takes a 20 question multiple choice test with five answer choices for each question. Find the probability of getting atleast 70 percent of the question correct? Suppose a family has 5 children and that ...

  • 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