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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, ________ of the variation in Accel Time can be explained by MPG while controlling for the other independent variables.
Vertical Merger
A merger between two companies that operate at different levels in the production process of the same industry.
Small Business
An independently owned and operated company that is limited in size and revenue, depending on the industry.
Direct SBA Loans
Loans provided directly by the Small Business Administration to small businesses that meet certain qualifications.
Natural Disaster
A sudden and devastating event in nature, such as a hurricane, flood, or earthquake, that causes significant damage or loss.
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