
TABLE 14-16
What are the factors that determine the acceleration time (in sec.) from 0 to 60 miles per hour of a car? Data on the following variables for 171 different vehicle models were collected:
Accel Time: Acceleration time in sec.
Cargo Vol: Cargo volume in cu. ft.
HP: Horsepower
MPG: Miles per gallon
SUV: 1 if the vehicle model is an SUV with Coupe as the base when SUV and Sedan are both 0
Sedan: 1 if the vehicle model is a sedan with Coupe as the base when SUV and Sedan are both 0
The regression results using acceleration time as the dependent variable and the remaining variables as the independent variables are presented below.
The various residual plots are as shown below.
-Referring to 14-16, what is the correct interpretation for the estimated coefficient for Sedan?
A) The mean 0 to 60 miles per hour acceleration time of a sedan is estimated to be 0.6427 seconds higher than that of a coupe after considering the effect of all the other independent variables in the model.
B) The mean 0 to 60 miles per hour acceleration time of a sedan is estimated to be 0.6427 seconds higher than that of an SUV after considering the effect of all the other independent variables in the model.
C) The mean 0 to 60 miles per hour acceleration time of a sedan is estimated to be 0.6427 seconds lower than that of a coupe after considering the effect of all the other independent variables in the model.
D) The mean 0 to 60 miles per hour acceleration time of a sedan is estimated to be 0.6427 seconds lower than that of an SUV after considering the effect of all the other independent variables in the model.
Correct Answer:
Verified
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