A Multiple Regression Analysis Produced the Following Tables For X₁= 20, the Predicted Value of Y Is ____________

question 51

Multiple Choice

A multiple regression analysis produced the following tables. $$\begin{array} { | c | c | c | c | c | } \hline & \text { Coefficients } & \text { Stardard Error } & t \text { Statistic } & p \text {-value } \\\hline \text { Irtercept } & 1411.876 & 762.1533 & 1.852483 & 0.074919 \\\hline \boldsymbol { x } _ { 1 } & 35.18215 & 96.8433 & 0.363289 & 0.719218 \\\hline \boldsymbol { x } _ { 1 } { } ^ { 2 } & 7.721648 & \mathbf { 3 . 0 0 7 9 4 3 } & 2.567086 & 0.016115\\\hline\end{array}$$ $$\begin{array} { | c | c | c | c | c | } \hline & \mathrm { df } & \mathrm { SS } & \mathrm { MS } & F \\\hline \text { Regression } & 2 & 58567032 & 29283516 & 57.34861 \\\hline \text { Residual } & 25 & 12765573 & 510622.9 & \\\hline \text { Total } & 27 & 71332605 & & \\\hline\end{array}$$ For x₁= 20, the predicted value of y is ____________.

• A)5,204.18.
• B)2,031.38
• C)2,538.86
• D)6262.19
• E)6,535.86

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Definitions:

Dividend

A portion of a company's profits allocated by the board of directors to its shareholders.

Preferred Stock

A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, typically with fixed dividends and without voting rights.

Rate Of Interest

The percent of principal charged by the lender for the use of its money.

Future Value

The value of an investment at a specific date in the future, calculated by applying a rate of interest or return to the principal amount.