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(06.05, 06.06 MC) In a study of the performance of a new eng…

Posted byAnonymous January 9, 2025

Questions

(06.05, 06.06 MC) In а study оf the perfоrmаnce оf а new engine design, the weight of 12 speed boats (in tons) and the top speed (in mph) were recorded. A regression line was generated and shown to be an appropriate description of the relationship. The results of the regression analysis are below. Depend Variable: Top Speed VariableConstantWeight Coefficient107.580.8710 s.e. of Coeff11.120.4146 t-ratio9.672.10 prob0.0000.062 R squared = 30.6% R squared (adjusted) = 23.7% s = 10.42 with 12 - 2 = 10 degrees of freedom Part A: What is the LSRL based on the analysis provided? Make sure to identify what the variables represent in the context of the problem. (4 points)Part B: What is the predicted value for the top speed of a boat if its weight is 4 tons? Show your work. (6 points)

Tags: Accounting, Basic, qmb,

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