Examlex

Solved

Choose the One Alternative That Best Completes the Statement or Answers

question 28

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-In a comprehensive road test on all new car models, one variable measured is the time it takes a car to accelerate from 0 to 60 miles per hour. To model acceleration time, a regression analysis is conducted on a random sample of 129 new cars.
TIME60: y=\quad y = Elapsed time (in seconds) from 0mph0 \mathrm { mph } to 60mph60 \mathrm { mph }
MAX: x1=\quad \mathrm { x } _ { 1 } = Maximum speed attained (miles per hour)
Initially, the simple linear model E(y) =β0+β1x1\mathrm { E } ( \mathrm { y } ) = \beta _ { 0 } + \beta _ { 1 \mathrm { x } 1 } was fit to the data. Computer printouts for the analysis are given below:
UNWEIGHTED LEAST SQUARES LINEAR REGRESSION OF TIME60
 PREDICTOR  VARIABLES  COEFFICIENT  STD ERROR  STUDENT’S T  P  CONSTANT 18.71710.6370829.380.0000 MAX 0.083650.0049117.050.0000\begin{array}{l|c|c|c|c}\text { PREDICTOR } & & & & \\\text { VARIABLES } & \text { COEFFICIENT } & \text { STD ERROR } & \text { STUDENT'S T } & \text { P } \\\hline \text { CONSTANT } & 18.7171 & 0.63708 & 29.38 & 0.0000 \\\text { MAX } & -0.08365 & 0.00491 & -17.05 & 0.0000\end{array}

 R-SQUARED 0.6960 RESID. MEAN SQUARE (MSE)  1.28695 ADJUSTED R-SQUARED 0.6937 STANDARD DEVIATION 1.13444\begin{array} { l l l l } \text { R-SQUARED } & 0.6960 & \text { RESID. MEAN SQUARE (MSE) } & 1.28695 \\ \text { ADJUSTED R-SQUARED } & 0.6937 & \text { STANDARD DEVIATION } & 1.13444 \end{array}


 SOURCE  DF  SS  MS  F  P  REGRESSION 1374.285374.285290.830.0000 RESIDUAL 127163.4431.28695 TOTAL 128537.728\begin{array}{l|r|c|c|c|c}\text { SOURCE } & \text { DF } & \text { SS } & \text { MS } & \text { F } & \text { P } \\\hline \text { REGRESSION } & 1 & 374.285 & 374.285 & 290.83 & 0.0000 \\\text { RESIDUAL } & 127 & 163.443 & 1.28695 & & \\\text { TOTAL } & 128 & 537.728 & & &\end{array}

CASES INCLUDED 129 MISSING CASES 0
Approximately what percentage of the sample variation in acceleration time can be explained by the simple linear model?

Understand the impact of cognitive factors on delinquency.
Recognize methods and challenges in preventing delinquency and promoting positive conduct.
Understand the challenges and strategies for managing diversity within organizations.
Comprehend the impact of globalization on management practices and human resource policies.

Definitions:

Savings

Money set aside for future use, often stored in accounts that accrue interest over time, helping to protect against financial emergencies or to finance future purchases.

Interest

The cost of borrowing money or the reward for saving, expressed as a percentage of the principal amount per period of time.

Deposit

Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.

Deposits

Funds placed into an account at a financial institution, often earning interest.

Related Questions