Suppose we create the multiple linear regression model whose Y-variable is mpg and X-variables a disp, and wt.

Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter15: Deterministic Eoq Inventory Models
Section15.2: The Basic Economic Order Quantity Model
Problem 15P
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Question 2
Suppose we create the multiple linear regression model whose Y-variable is mpg and X-variables are cyl,
disp, and wt.
The coefficients table associated with this multiple linear regression model is
Variable
Estimate
p-value
(intercept)
41.1
Less than 0.0001
cyl
-1.8
0.0065
disp
0.01
0.53
wt
-3.6
0.001
True or False: The multiple linear regression model whose Y-variable is mpg and X-variables are wt,
cyl, and disp is about as accurate as the multiple linear regression model whose Y-variable is mpg
and X-variables are wt and cyl.
O False
True
Transcribed Image Text:Question 2 Suppose we create the multiple linear regression model whose Y-variable is mpg and X-variables are cyl, disp, and wt. The coefficients table associated with this multiple linear regression model is Variable Estimate p-value (intercept) 41.1 Less than 0.0001 cyl -1.8 0.0065 disp 0.01 0.53 wt -3.6 0.001 True or False: The multiple linear regression model whose Y-variable is mpg and X-variables are wt, cyl, and disp is about as accurate as the multiple linear regression model whose Y-variable is mpg and X-variables are wt and cyl. O False True
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