Solved

Choose the One Alternative That Best Completes the Statement or Answers

Question 136

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-A manufacturer of boiler drums wants to use regression to predict the number of man-hours needed to erect drums in the future. The manufacturer collected a random sample of 35 boilers and measured the following two variables:
MANHRS: yy = Number of man-hours required to erect the drum
PRESSURE: x1=\mathrm { x } _ { 1 } = Boiler design pressure (pounds per square inch, i.e., psi)
Initially, the simple linear model E(y) =β1+β1x1\mathrm { E } ( \mathrm { y } ) = \beta _ { 1 } + \beta _ { 1 \mathrm { x } 1 } was fit to the data. A printout for the analysis appears below:
UNWEIGHTED LEAST SQUARES LINEAR REGRESSION OF MANHRS
 PREDICTOR  VARIABLES  COEFFICIENT  STD ERROR  STUDENT’ST P CONSTANT 1.880590.583803.220.0028 PRESSURE 0.003210.001632.170.0300\begin{array}{c|c|c|c|c}\text { PREDICTOR } & & & & \\\text { VARIABLES } & \text { COEFFICIENT } & \text { STD ERROR } & \text { STUDENT'ST } & \mathrm{P} \\\hline \text { CONSTANT } & 1.88059 & 0.58380 & 3.22 & 0.0028 \\\text { PRESSURE } & 0.00321 & 0.00163 & 2.17 & 0.0300\end{array}

 R-SQUARED 0.4342 RESID. MEAN SQUARE (MSE)  4.25460 ADJUSTED R-SQUARED 0.4176 STANDARD DEVIATION 2.06267\begin{array} { l l l l } \text { R-SQUARED } & 0.4342 & \text { RESID. MEAN SQUARE (MSE) } & 4.25460 \\ \text { ADJUSTED R-SQUARED } & 0.4176 & \text { STANDARD DEVIATION } & 2.06267 \end{array}

 SOURCE  DF  SS  MS FP REGRESSION 1111.008111.0085.190.0300 RESIDUAL 34144.6564.25160 TOTAL 35255.665\begin{array}{l|r|c|c|c|c}\text { SOURCE } & \text { DF } & \text { SS } & \text { MS } & \mathrm{F} & \mathrm{P} \\\hline \text { REGRESSION } & 1 & 111.008 & 111.008 & 5.19 & 0.0300 \\\text { RESIDUAL } & 34 & 144.656 & 4.25160 & & \\\text { TOTAL } & 35 & 255.665 & & &\end{array}

Give a practical interpretation of the coefficient of determination, R2\mathrm { R } ^ { 2 } .


A) About 43%43 \% of the sample variation in number of man-hours can be explained by the simple linear model.
B) y=1.88+0.00321x\mathrm { y } = 1.88 + 0.00321 \mathrm { x } will be correct 43%43 \% of the time.
C) Man hours needed to erect drums will be associated with boiler design pressure 43%43 \% of the time.
D) About 2.06%2.06 \% of the sample variation in number of man-hours can be explained by the simple linear model.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents