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Case Study Outline Sample
Robin Said:
Please anyone help I;m stuck and this is due monday?We Answered:
Y?7.987+0.12242•X1-0.12166•X2 -0.06281•X3+0.5235•X4 -0.06472•X5n=46+6=51+1=52
N[Xn]=5
From T-statistics:
P[a]?0.009860099
P[x1]?0.000286299
P[x2]?0.027835498
P[x3]?0.114094709
P[x4]?0.000581721
P[x5]?0.111923542
X3 & X5 fail test, thus their significance at 0.05 level isn't confirmed, these are first candidates for elimination.