TABLE 14-11 A Weight-Loss Clinic Wants to Use Regression Analysis to Build

question 162

Multiple Choice

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, which of the following statements is supported by the analysis shown?

• A) There is sufficient evidence (at α = 0.05) of curvature in the relationship between weight-loss (
• Y) and months in program(X₁).
• B) There is sufficient evidence (at α = 0.05) to indicate that the relationship between weight-loss (
• Y) and months in program (X₁) depends on session time.
• C) There is sufficient evidence (at α = 0.10) to indicate that the session time (morning, afternoon, evening) affects weight-loss (
• Y).
• D) There is insufficient evidence (at α = 0.10) to indicate that the relationship between weight-loss (
• Y) and months in program(X₁) depends on session time.

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Definitions:

Government Price Control

Regulatory measures by government entities designed to set or limit the prices of certain goods and services.

Quantity of Sales

The total number of units of a product or service sold within a specific period.

Price Effect

The impact that changing prices have on the demand and supply of goods and services in the market.

Elastic Supply

A situation in which the supply of a product changes significantly when its price changes.