/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q6E Question: Consider the first-or... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

Question:Consider the first-order model equation in three quantitative independent variables E(Y)=2-3x1+5x2-x3

  1. Graph the relationship between Y and x3for x1=2 and x2=1
  2. Repeat part a for x1=1and x2=-2
  3. How do the graphed lines in parts a and b relate to each other? What is the slope of each line?
  4. If a linear model is first-order in three independent variables, what type of geometric relationship will you obtain when is graphed as a function of one of the independent variables for various combinations of the other independent variables?

Short Answer

Expert verified

(A) Graph

(B) Graph

(C) The two lines are parallel to each other where the slope of the lines is -1.

(D) The geometric relationship between E(Y) and any independent variable for various combinations of other variables will be a linear relationship.

Step by step solution

01

Step-by-Step SolutionStep 1: Graph

Given, E(Y)=2-3x1+5x2-x3for x1=2and x2=1

y=2-3(2)+5(1)-x3

y=1-x3

Now to plot this equation, we make a table

Y

1

0

X3

0

1

02

Graph

Given,

E(Y)=2-3x1+5x2-x3for x1=1 and x2=-2

y=2-3(1)+5(-2)-x3y=-11-x3

Now to plot this equation, we make a table

Y

-11

0

X3

0

-11

03

Relationship between the two graphs

From the two graphs, it is visible that the two lines are parallel to each other. The slope of for both the lines is -1 with the intercept value changing for part (a) and part (b). In part (a) the intercept value was 1 while in part (b) the intercept value is -11

04

Geometric relationship between   and any independent variable

The geometric relationship between and any independent variable for various combinations of other variables will be a linear relationship.

Any linear model which is a first-order model in three independent variables will also have a linear geometric relationship betweenand any independent variable for various combinations of other variables.

The first order linear model means that it’s a linear regression model where the variables’ maximum power in the model is 1.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91Ó°ÊÓ!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Question: There are six independent variables, x1, x2, x3, x4, x5, and x6, that might be useful in predicting a response y. A total of n = 50 observations is available, and it is decided to employ stepwise regression to help in selecting the independent variables that appear to be useful. The software fits all possible one-variable models of the form

where xi is the ith independent variable, i = 1, 2, …, 6. The information in the table is provided from the computer printout.

E(Y)=β0+β1xi

a. Which independent variable is declared the best one variable predictor of y? Explain.

b. Would this variable be included in the model at this stage? Explain.

c. Describe the next phase that a stepwise procedure would execute.

Question: Cooling method for gas turbines. Refer to the Journal of Engineering for Gas Turbines and Power (January 2005) study of a high-pressure inlet fogging method for a gas turbine engine, Exercise 12.19 (p. 726). Consider a model for heat rate (kilojoules per kilowatt per hour) of a gas turbine as a function of cycle speed (revolutions per minute) and cycle pressure ratio. The data are saved in the file.

a. Write a complete second-order model for heat rate (y).

b. Give the null and alternative hypotheses for determining whether the curvature terms in the complete second-order model are statistically useful for predicting heat rate (y).

c. For the test in part b, identify the complete and reduced model.

d. The complete and reduced models were fit and compared using SPSS. A summary of the results are shown in the accompanying SPSS printout. Locate the value of the test statistic on the printout.

e. Find the rejection region for α = .10 and locate the p-value of the test on the printout.

f. State the conclusion in the words of the problem.


Question: Predicting elements in aluminum alloys. Aluminum scraps that are recycled into alloys are classified into three categories: soft-drink cans, pots and pans, and automobile crank chambers. A study of how these three materials affect the metal elements present in aluminum alloys was published in Advances in Applied Physics (Vol. 1, 2013). Data on 126 production runs at an aluminum plant were used to model the percentage (y) of various elements (e.g., silver, boron, iron) that make up the aluminum alloy. Three independent variables were used in the model: x1 = proportion of aluminum scraps from cans, x2 = proportion of aluminum scraps from pots/pans, and x3 = proportion of aluminum scraps from crank chambers. The first-order model, , was fit to the data for several elements. The estimates of the model parameters (p-values in parentheses) for silver and iron are shown in the accompanying table.

(A) Is the overall model statistically useful (at α = .05) for predicting the percentage of silver in the alloy? If so, give a practical interpretation of R2.

(b)Is the overall model statistically useful (at a = .05) for predicting the percentage of iron in the alloy? If so, give a practical interpretation of R2.

(c)Based on the parameter estimates, sketch the relationship between percentage of silver (y) and proportion of aluminum scraps from cans (x1). Conduct a test to determine if this relationship is statistically significant at α = .05.

(d)Based on the parameter estimates, sketch the relationship between percentage of iron (y) and proportion of aluminum scraps from cans (x1). Conduct a test to determine if this relationship is statistically significant at α = .05.


Factors that impact an auditor’s judgment. A study was conducted to determine the effects of linguistic delivery style and client credibility on auditors’ judgments (Advances in Accounting and Behavioural Research, 2004). Two hundred auditors from Big 5 accounting firms were each asked to perform an analytical review of a fictitious client’s financial statement. The researchers gave the auditors different information on the client’s credibility and linguistic delivery style of the client’s explanation. Each auditor then provided an assessment of the likelihood that the client-provided explanation accounted for the fluctuation in the financial statement. The three variables of interest—credibility (x1), linguistic delivery style (x2) , and likelihood (y) —were all measured on a numerical scale. Regression analysis was used to fit the interaction model,y=β0+β1x1+β2x2+β3x1x2+ε . The results are summarized in the table at the bottom of page.

a) Interpret the phrase client credibility and linguistic delivery style interact in the words of the problem.

b) Give the null and alternative hypotheses for testing the overall adequacy of the model.

c) Conduct the test, part b, using the information in the table.

d) Give the null and alternative hypotheses for testing whether client credibility and linguistic delivery style interact.

e) Conduct the test, part d, using the information in the table.

f) The researchers estimated the slope of the likelihood–linguistic delivery style line at a low level of client credibility 1x1 = 222. Obtain this estimate and interpret it in the words of the problem.

g) The researchers also estimated the slope of the likelihood–linguistic delivery style line at a high level of client credibility 1x1 = 462. Obtain this estimate and interpret it in the words of the problem.

Consider the model:

E(y)=β0+β1x1+β2x2+β3x22+β4x3+β5x1x22

where x2 is a quantitative model and

x1=(1receivedtreatment0didnotreceivetreatment)

The resulting least squares prediction equation is

localid="1649802968695" yÁåœ=2+x1-5x2+3x22-4x3+x1x22

a. Substitute the values for the dummy variables to determine the curves relating to the mean value E(y) in general form.

b. On the same graph, plot the curves obtained in part a for the independent variable between 0 and 3. Use the least squares prediction equation.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.