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Author Question: Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three ... (Read 144 times)

lilldybug07

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Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive:

y   = Retail PRICE (measured in dollars)
x1 = Microprocessor SPEED (measured in megahertz)
               (Values in sample range from 10 to 40)
x2 = CHIP size (measured in computer processing units)
               (Values in sample range from 286 to 486)

A first-order regression model was fit to the data.  Part of the printout follows:
_____________________________________________________________________
Analysis of Variance



ROOT MSE953.66516R-SQUARE0.4002
DEP MEAN 3197.96667 ADJ R-SQ 0.3792
C.V. 29.82099

Test to determine if the model is adequate for predicting the price of a computer. Use α = .01.


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Marked as best answer by lilldybug07 on Feb 14, 2020

Laurenleakan

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lilldybug07

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Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)


vickybb89

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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