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TABLE 14-6 One of the Most Common Questions of Prospective House Buyers

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TABLE 14-6
One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y).To provide its customers with information on that matter,a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit (X1)and the amount of insulation in inches (X2).Given below is EXCEL output of the regression model. TABLE 14-6 One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y).To provide its customers with information on that matter,a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit (X<sub>1</sub>)and the amount of insulation in inches (X<sub>2</sub>).Given below is EXCEL output of the regression model.   Also SSR (X<sub>1</sub> ∣ X<sub>2</sub>)= 8343.3572 and SSR (X<sub>2</sub> ∣ X<sub>1</sub>)= 4199.2672 -True or False: When an explanatory variable is dropped from a multiple regression model,the adjusted r<sup>2</sup> can increase. Also SSR (X1 ∣ X2)= 8343.3572 and SSR (X2 ∣ X1)= 4199.2672
-True or False: When an explanatory variable is dropped from a multiple regression model,the adjusted r2 can increase.


Definitions:

10 Ω

A specific resistance value, indicating an electrical component or circuit offers ten ohms of resistance to the flow of electric current.

22 Ω

A unit of electrical resistance indicating that an object has a resistance of twenty-two ohms.

60 V

A potential difference of sixty volts between two points in an electrical circuit.

Total Resistance

The overall opposition to current flow in a circuit, often calculated by summing individual resistances in series and applying specific formulas for parallel components.

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