hw8_sol

hw8_sol - A B 1 Exercise 14-6 2 3 Price 4 25.9 5 29.5 6...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 A B C D E F G H I J Exercise 14-6 sorted Price Taxes yhat residuals residuals rank Fhat zscore 25.9 4.9176 29.67 -3.77 -3.83 1 0.04 -1.75 29.5 5.0208 30.01 -0.51 -3.77 2 0.08 -1.41 27.9 4.5429 28.42 -0.52 -3.48 3 0.12 -1.17 25.9 4.5573 28.47 -2.57 -3.17 4 0.16 -0.99 29.9 5.0597 30.14 -0.24 -3.05 5 0.20 -0.84 29.9 3.8910 26.26 3.64 -2.57 6 0.24 -0.71 30.9 5.8980 32.93 -2.03 -2.23 7 0.28 -0.58 28.9 5.6039 31.95 -3.05 -2.21 8 0.32 -0.47 35.9 5.8282 32.70 3.20 -2.03 9 0.36 -0.36 31.5 5.3003 30.94 0.56 -0.52 10 0.40 -0.25 31.0 6.2712 34.17 -3.17 -0.51 11 0.44 -0.15 30.9 5.9592 33.13 -2.23 -0.49 12 0.48 -0.05 30.0 5.0500 30.11 -0.11 -0.24 13 0.52 0.05 36.9 8.2464 40.73 -3.83 -0.11 14 0.56 0.15 41.9 6.6969 35.58 6.32 0.53 15 0.60 0.25 40.5 7.7841 39.20 1.30 0.56 16 0.64 0.36 43.9 9.0384 43.37 0.53 1.30 17 0.68 0.47 37.5 5.9894 33.23 4.27 1.94 18 0.72 0.58 37.9 7.5422 38.39 -0.49 2.09 19 0.76 0.71 44.5 8.7951 42.56 1.94 3.20 20 0.80 0.84 37.9 6.0831 33.54 4.36 3.64 21 0.84 0.99 38.9 8.3607 41.11 -2.21 4.27 22 0.88 1.17 36.9 8.1400 40.38 -3.48 4.36 23 0.92 1.41 45.8 9.1416 43.71 2.09 6.32 24 0.96 1.75 SUMMARY OUTPUT Regression is significant because ANOVA p-value is small. Regression Statistics R Square gives fraction of selling price variability explained by taxes. Multiple R 0.875976 Residuals vs. yhat and residuals vs. x are identical plots. R Square 0.767334 Residuals Plot and Normal Probability Plot are ok for both Adjusted R S0.756759 ANOVA assumptions and lack-of-fit.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

hw8_sol - A B 1 Exercise 14-6 2 3 Price 4 25.9 5 29.5 6...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online