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TABLE 14-11
A weight-loss clinic wants to use regression analysis to build a model for weight-loss of a client (measured in pounds) . Two variables thought to affect weight-loss are client's length of time on the weight-loss program and time of session. These variables are described below:
Y = Weight-loss (in pounds)
X₁ = Length of time in weight-loss program (in months)
X₂ = 1 if morning session, 0 if not
X₃ = 1 if afternoon session, 0 if not (Base level = evening session)
Data for 12 clients on a weight-loss program at the clinic were collected and used to fit the interaction model:
Y = β₀ + β₁X₁ + β₂X₂ + β₃X₃ + β₄X₁X₂ + β₅X₁X₂ + ε
Partial output from Microsoft Excel follows:
-Referring to Table 14-11, what is the experimental unit for this analysis?
Subsidiary
A company controlled by another company, known as the parent company, through majority ownership or a significant percentage of voting stock.
Inflation Rate
The velocity at which prices for everyday goods and services climb, leading to diminished purchasing capability.
Exchange Rate
The value of one country's currency in terms of another currency or currencies.
Spot Rate
The current market price at which a particular asset, such as foreign exchange, is bought or sold for immediate delivery.
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