Motorcycle Fatalities
A traffic consultant has analyzed the factors that affect the number of motorcycle fatalities.She has come to the conclusion that two important variables are the number of motorcycle and the number of cars.She proposed the model (the second-order model with interaction),where y = number of annual fatalities per county,x1 = number of motorcycles registered in the county (in 10,000),and x2 = number of cars registered in the county (in 1000).The computer output (based on a random sample of 35 counties)is shown below: THE REGRESSION EQUATION IS
S = 15.2 R−Sq = 47.2% ANALYSIS OF VARIANCE
-{Motorcycle Fatalities Narrative} Test at the 1% significance level to determine if the x2 term should be retained in the model.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q74: Motorcycle Fatalities
A traffic consultant has analyzed
Q75: Silver Prices
An economist is in the
Q76: In regression analysis,a nominal independent variable such
Q77: In regression analysis,indicator variables are also called
Q78: An indicator variable (also called a dummy
Q80: Motorcycle Fatalities
A traffic consultant has analyzed
Q81: Which of the following statements about dummy
Q82: In general,to represent a nominal variable with
Q83: The last category represented by I1 =
Q84: In general,to represent a nominal independent variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents