Question: Write a first-order model relating to

  1. Two quantitative independent variables.
  2. Four quantitative independent variables.
  3. Five quantitative independent variables.

Short Answer

Expert verified

Answer


a.E(y)=β0+β1x1+β2x2b.E(y)=β0+β1x1+β2x2+β3x3+β4x4c.E(y)=β0+β1x1+β2x2+β3x3+β4x4+β5x5

Step by step solution

01

First order model

A first order model relating to 2 quantitative independent variables will involve 2 quantitative variables x1 and x2which are independent variables.

Thus, a first order model with 2 quantitative variables isE(y)=β0+β1x1+β2x2.

02

First order model

A first order model can be written as follows:

A first order model relating to 4 quantitative independent variables will involve 4 quantitative variables x1 ,x2 ,x3and x4 which are independent variables.

Thus, a first order model with 4 quantitative variables isE(y)=β0+β1x1+β2x2+β3x3+β4x4.

03

First order model

A first order model can be written as follows:

A first order model relating to 5 quantitative independent variables will involve 2 quantitative variablesx1 ,x2 ,x3x4 and x5which are independent variables.

Thus, a first order model with 2 quantitative variables isE(y)=β0+β1x1+β2x2+β3x3+β4x4+β5x5.

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 Vaia!

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

The Minitab printout below was obtained from fitting the modely=β0+β1x1+β2x2+β3x1x2+εto n = 15 data points.

a) What is the prediction equation?

b) Give an estimate of the slope of the line relating y to x1 when x2 =10 .

c) Plot the prediction equation for the case when x2 =1 . Do this twice more on the same graph for the cases when x2 =3 and x2 =5 .

d) Explain what it means to say that x1and x2interact. Explain why your graph of part c suggests that x1and x2interact.

e) Specify the null and alternative hypotheses you would use to test whetherx1andx2interact.

f)Conduct the hypothesis test of part e using α=0.01.

Suppose you used Minitab to fit the model y=β0+β1x1+β2x2+ε

to n = 15 data points and obtained the printout shown below.

  1. What is the least squares prediction equation?

  2. Find R2and interpret its value.

  3. Is there sufficient evidence to indicate that the model is useful for predicting y? Conduct an F-test using α = .05.

  4. Test the null hypothesis H0: β1= 0 against the alternative hypothesis Ha: β1≠ 0. Test using α = .05. Draw the appropriate conclusions.

  5. Find the standard deviation of the regression model and interpret it.

Question: Revenues of popular movies. The Internet Movie Database (www.imdb.com) monitors the gross revenues for all major motion pictures. The table on the next page gives both the domestic (United States and Canada) and international gross revenues for a sample of 25 popular movies.

  1. Write a first-order model for foreign gross revenues (y) as a function of domestic gross revenues (x).
  2. Write a second-order model for international gross revenues y as a function of domestic gross revenues x.
  3. Construct a scatterplot for these data. Which of the models from parts a and b appears to be the better choice for explaining the variation in foreign gross revenues?
  4. Fit the model of part b to the data and investigate its usefulness. Is there evidence of a curvilinear relationship between international and domestic gross revenues? Try usingα=0.05.
  5. Based on your analysis in part d, which of the models from parts a and b better explains the variation in international gross revenues? Compare your answer with your preliminary conclusion from part c.

Can money spent on gifts buy love? Refer to the Journal of Experimental Social Psychology (Vol. 45, 2009) study of whether buying gifts truly buys love, Exercise 9.9 (p. 529). Recall those study participants were randomly assigned to play the role of gift-giver or gift-receiver. Gift-receivers were asked to provide the level of appreciation (measured on a 7-point scale where 1 = “not at all” and 7 = “to a great extent”) they had for the last birthday gift they received from a loved one. Gift-givers were asked to recall the last birthday gift they gave to a loved one and to provide the level of appreciation the loved one had for the gift.

  1. Write a dummy variable regression model that will allow the researchers to compare the average level of appreciation for birthday gift-giverswith the average for birthday gift-receivers.
  2. Express each of the model’s β parameters in terms ofand.
  3. The researchers hypothesize that the average level of appreciation is higher for birthday gift-givers than for birthday gift-receivers. Explain how to test this hypothesis using the regression model.

Personality traits and job performance. When attempting to predict job performance using personality traits, researchers typically assume that the relationship is linear. A study published in the Journal of Applied Psychology (Jan. 2011) investigated a curvilinear relationship between job task performance and a specific personality trait—conscientiousness. Using data collected for 602 employees of a large public organization, task performance was measured on a 30-point scale (where higher scores indicate better performance) and conscientiousness was measured on a scale of -3 to +3 (where higher scores indicate a higher level of conscientiousness).

a. The coefficient of correlation relating task performance score to conscientiousness score was reported as r = 0.18. Explain why the researchers should not use this statistic to investigate the curvilinear relationship between task performance and conscientiousness.

b. Give the equation of a curvilinear (quadratic) model relating task performance score (y) to conscientiousness score (x).

c. The researchers theorized that task performance increases as level of conscientiousness increases, but at a decreasing rate. Draw a sketch of this relationship.

d. If the theory in part c is supported, what is the expected sign ofβ2in the model, part b?

e. The researchers reportedβ^2=0.32with an associated p-value of less than 0.05. Use this information to test the researchers’ theory atα=0.05

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.

Sign-up for free