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SCENARIO 18-9
What are the factors that determine the acceleration time (in sec. )from 0 to 60 miles per hour of a car? Data on the following variables for 171 different vehicle models were collected:
Accel Time: Acceleration time in sec.
Cargo Vol: Cargo volume in cu.ft.
HP: Horsepower MPG: Miles per gallon
SUV: 1 if the vehicle model is an SUV with Coupe as the base when SUV and Sedan are both 0 Sedan: 1 if the vehicle model is a sedan with Coupe as the base when SUV and Sedan are both 0
The regression results using acceleration time as the dependent variable and the remaining variables as the independent variables are presented below.
The various residual plots are as shown below.
The coefficient of partial determination ( R2 yj.(All variables except j ) )of each of the 5 predictors are, respectively,0.0380,0.4376,0.0248,0.0188,and 0.0312.
The coefficient of multiple determination for the regression model using each of the 5 variables X j as the dependent variable and all other X variables as independent variables ( R2 j )are,respectively, 0.7461,0.5676,0.6764,0.8582,0.6632.
-Referring to Scenario 18-9,_____of the variation in Accel Time can be explained by the five independent variables after taking into consideration the number of independent variables and the number of observations.
Narcotic Effect
The numbing or desensitizing impact of an activity or substance over time, reducing its perceived effects.
Frequency of Arbitration
The rate or occurrence at which arbitration, a form of dispute resolution involving an impartial third party, is used to settle disputes.
Binding Decision
A final and enforceable decision made by an authority such as a court or arbitrator, from which parties cannot deviate.
ADR Systems
Alternative Dispute Resolution systems are methods of resolving disputes without traditional litigation, including mediation and arbitration.
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