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A Regression Was Performed on a Sample of 16 Observations β\beta

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A regression was performed on a sample of 16 observations. The estimated equation is  A regression was performed on a sample of 16 observations. The estimated equation is   = 23.5 - 14.28x<sub>1</sub> + 6.72x<sub>2</sub> + 15.68x<sub>3</sub>. The standard errors for the coefficients are S<sub>b1</sub> = 4.2, S<sub>b2</sub> = 5.6, and S<sub>b3</sub> = 2.8. For this model, SST = 3809.6 and SSR = 3285.4.  a.Compute the appropriate t ratios. b.Test for the significance of  \beta <sub>1</sub>,  \beta <sub>2</sub>, and \beta <sub>3</sub> at the 5% level of significance. c.Do you think that any of the variables should be dropped from the model? Explain. d.Compute R<sup>2</sup> and R<sub>a</sub><sup>2</sup>. Interpret R<sup>2</sup>. e.Test the significance of the relationship among the variables at the 5% level of significance. = 23.5 - 14.28x1 + 6.72x2 + 15.68x3. The standard errors for the coefficients are Sb1 = 4.2, Sb2 = 5.6, and Sb3 = 2.8. For this model, SST = 3809.6 and SSR = 3285.4.
a.Compute the appropriate t ratios.
b.Test for the significance of β\beta 1, β\beta 2, and β\beta 3 at the 5% level of significance.
c.Do you think that any of the variables should be dropped from the model? Explain.
d.Compute R2 and Ra2. Interpret R2.
e.Test the significance of the relationship among the variables at the 5% level of significance.


Definitions:

Personality Traits

Personality traits are enduring patterns of thoughts, feelings, and behaviors that distinguish individuals from one another.

P Technique

A statistical method used in psychology to analyze the variation of psychological variables within a single individual over time, emphasizing personal patterns of behavior.

Factor-analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations among multiple variables.

R Technique

A statistical method used in personality research to identify correlations among different personality traits or test items.

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