Abby Kratz,a market specialist at the market research firm of Saez,Sikes,and Spitz,is analyzing household budget data collected by her firm.Abby's dependent variable is weekly household expenditures on groceries (in $'s) ,and her independent variables are annual household income (in $1,000's) and household neighborhood (0 = suburban,1 = rural) .Regression analysis of the data yielded the following table.
Abby's model is ________________.
A) y = 19.68247 + 10.01176 x1 + 1.965934 x2
B) y = 1.965934 + 9.940612 x1 + 6.416667 x2
C) y = 10.01176 + 0.174564 x1 + 7.655776 x2
D) y = 19.68247 - 1.735272 x1 + 49.12456 x2
E) y = 19.68247 + 1.735272 x1 + 49.12456 x2
Correct Answer:
Verified
Q44: Yvonne Yang, VP of Finance at Discrete
Q51: Hope Hernandez is the new regional Vice
Q57: A local parent group was concerned with
Q58: A local parent group was concerned with
Q59: Alan Bissell,a market analyst for City Sound
Q63: An appropriate method to identify multicollinearity in
Q63: Inspection of the following table of correlation
Q65: Inspection of the following table of correlation
Q75: An "all possible regressions" search of a
Q76: Large correlations between two or more independent
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