Examlex

Solved

Here Is the Regression with Both Latitude and Longitude as Predictors

question 296

Essay

Here is the regression with both Latitude and Longitude as predictors: Dependent variable is: JanTemp
RR squared =74.1%R= 74.1 \% \quad R squared (adjusted) =73.1%= 73.1 \%
s=7.000\mathrm { s } = 7.000 with 553=5255 - 3 = 52 degrees of freedom
 Source  Sum of Squares  df  Mean Square  F-ratio  Regression 7277.1823638.5974.2 Residual 2548.355249.0067 Variable  Coefficient  SE(Coeff)  t-ratio  P-value  Intercept 98.56208.47311.60.0001 Lat 2.162860.177612.20.0001 Long 0.1344710.06412.100.0407\begin{array} { l l l l l } \text { Source } & \text { Sum of Squares } & \text { df } & \text { Mean Square } & \text { F-ratio } \\ \text { Regression } & 7277.18 & 2 & 3638.59 & 74.2 \\ \text { Residual } & 2548.35 & 52 & 49.0067 & \\ & & & & \\ \text { Variable } & \text { Coefficient } & \text { SE(Coeff) } & \text { t-ratio } & \text { P-value } \\ \text { Intercept } & 98.5620 & 8.473 & 11.6 & \leq 0.0001 \\ \text { Lat } & - 2.16286 & 0.1776 & - 12.2 & \leq 0.0001 \\ \text { Long } & 0.134471 & 0.0641 & 2.10 & 0.0407 \end{array}
The coefficient of Long in this regression differs from the coefficient of Long in the simple
regression of JanTemp on Long. What is the meaning of the coefficient of Long in this
regression? Are you confident ( ( at α=0.05)( \text { at } \alpha = 0.05 )
that the coefficient is not zero? Why or why
not?


Definitions:

Payee

The individual or entity to whom a check, draft, or promissory note is made payable.

First in Time

A principle stating that rights or privileges are assigned to those who are first to take action or establish legal claim.

Priority in Bankruptcy

The ranking order established by bankruptcy law that determines the sequence in which creditors are paid from a debtor's estate.

Accounts Receivables

The amounts of money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Related Questions