Give the least-squares prediction equation provide the


The computer output for the multiple regression analysis provided this information for 15 data points.

Model: y=B+B1X1+B2X2+B3X3

b0=1.04 b1=1.29 b2=2.72 b3=0.41

SE(b1)=0.42 SE(b2)=0.65 SE(b3)=0.17

a) Which, if any, of the independent variables contribute the information into prediction? Explain.

b) Give the least-squares prediction equation. Provide the assumptions for the error term in your equation.

c) What is practical interpretation of B1B2B3?

Solution Preview :

Prepared by a verified Expert
Business Management: Give the least-squares prediction equation provide the
Reference No:- TGS02519085

Now Priced at $15 (50% Discount)

Recommended (93%)

Rated (4.5/5)