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TABLE 17-9
What are the factors that determine the acceleration time (in sec.)from 0 to 60 miles per hour of a car? Data on the following variables for 171 different vehicle models were collected:
Accel Time: Acceleration time in sec.
Cargo Vol: Cargo volume in cu.ft.
HP: Horsepower
MPG: Miles per gallon
SUV: 1 if the vehicle model is an SUV with Coupe as the base when SUV and Sedan are both 0
Sedan: 1 if the vehicle model is a sedan with Coupe as the base when SUV and Sedan are both 0
The regression results using acceleration time as the dependent variable and the remaining variables as the independent variables are presented below. The various residual plots are as shown below.
The coefficient of partial determination (
)of each of the 5 predictors are,respectively,0.0380,0.4376,0.0248,0.0188,and 0.0312.
The coefficient of multiple determination for the regression model using each of the 5 variables Xj as the dependent variable and all other X variables as independent variables ( )are,respectively,0.7461,0.5676,0.6764,0.8582,0.6632.
-Referring to Table 17-9,________ of the variation in Accel Time can be explained by MPG while controlling for the other independent variables.
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time.
Human Resources
The department within an organization that is responsible for managing employee-related processes including hiring, training, compliance, and benefits.
Developed Nations
Countries with advanced industrial infrastructure, high living standards, and sophisticated economies.
Capital Formation
The creation of capital goods, which are used to produce other goods and services. It is a measure of economic growth and development.
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