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A Statistician Wanted to Determine Whether the Demographic Variables of Age

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Essay

A statistician wanted to determine whether the demographic variables of age, education and income influence the number of hours of television watched per week. A random sample of 25 adults was selected to estimate the multiple regression model y=β0+β1x1+β2x2+β3x3+εy = \beta _ { 0 } + \beta _ { 1 } x _ { 1 } + \beta _ { 2 } x _ { 2 } + \beta _ { 3 } x _ { 3 } + \varepsilon .
Where:
y = number of hours of television watched last week. x1x _ { 1 } = age. x2x _ { 2 } = number of years of education. x3x _ { 3 } = income (in $1000s).
The computer output is shown below.
THE REGRESSION EQUATION IS
ŷ = 22.3+0.41x10.29x20.12x322.3 + 0.41 x _ { 1 } - 0.29 x _ { 2 } - 0.12 x _ { 3 }  Predictor  Coef  StDev T Constant 22.310.72.084x10.410.192.158x20.290.132.231x30.120.034.00\begin{array} { | c | c c c | } \hline \text { Predictor } & \text { Coef } & \text { StDev } & \mathrm { T } \\\hline \text { Constant } & 22.3 & 10.7 & 2.084 \\x _ { 1 } & 0.41 & 0.19 & 2.158 \\x _ { 2 } & - 0.29 & 0.13 & - 2.231 \\x _ { 3 } & - 0.12 & 0.03 & - 4.00 \\\hline\end{array} se = 4.51 R2 = 34.8%  ANALYSIS OF VARIANCE  Source of Variation df SS  MS  F  Regression 322775.6673.730 Error 2142620.286 Total 24653\begin{array}{l}\text { ANALYSIS OF VARIANCE }\\\begin{array} { | l | c c c c | } \hline \text { Source of Variation } & \mathrm { df } & \text { SS } & \text { MS } & \text { F } \\\hline \text { Regression } & 3 & 227 & 75.667 & 3.730 \\\text { Error } & 21 & 426 & 20.286 & \\\hline \text { Total } & 24 & 653 & & \\\hline\end{array}\end{array} Is there sufficient evidence at the 1% significance level to indicate that hours of television watched and education are negatively linearly related?


Definitions:

Apparent Authority

A principle that allows a third party to assume an agent has the authorization to act on behalf of a principal, even if such authority has not been granted.

Constructive Notice

A legal concept assuming that a person or entity is aware of facts by virtue of the information being publicly available, regardless of whether they have actually reviewed the information.

Contractual Liability

Liability that arises from entering into a contract, where one party may be obligated to compensate another party for the failure to perform as specified in the contract.

Unidentified Principal

A party in a transaction whose identity is not known to the other party, often in agent-principal relationships.

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