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TABLE 15-5
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.
ANOVA
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 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 15-5, what is the value of the test statistic to determine whether SUV makes a significant contribution to the regression model in the presence of the other independent variables at a 5% level of significance?
Growth Obstacle
Factors or conditions that hinder the economic growth and development of a country or region, such as poor infrastructure or political instability.
Standard Of Living
A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.
Natural Resources
Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.
Direct Foreign Investment
A company or individual from one country putting capital into business ventures or assets in another country, through either creating business activities or purchasing business properties.
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