Math Problem Statement
Use the data set below to answer the following questions. Complete parts a through d. x 1x1 29 48 28 22 28 42 33 26 48 44
x 2x2 15 37 24 32 47 13 43 12 58 19 y 2020 4040 2929 2727 4141 1414 3535 1515 4141 1313 Question content area bottom Part 1 a. Obtain the estimated regression equation. ModifyingAbove y with caretyequals=nothing plus left parenthesis nothing right parenthesis x 1 plus left parenthesis nothing right parenthesis x 2enter your response here+enter your response herex1+enter your response herex2 (Round to one decimal place as needed.)
Solution
To determine the estimated regression equation for the dataset, we use the multiple linear regression model:
Where:
- is the predicted value of ,
- is the y-intercept,
- and are the regression coefficients for and , respectively.
The coefficients are obtained using the least squares method. Let me calculate the regression equation.import pandas as pd import statsmodels.api as sm
Data from the user
data = { "x1": [29, 48, 28, 22, 28, 42, 33, 26, 48, 44], "x2": [15, 37, 24, 32, 47, 13, 43, 12, 58, 19], "y": [20, 40, 29, 27, 41, 14, 35, 15, 41, 13] }
Create a dataframe
df = pd.DataFrame(data)
Independent variables (add a constant for the intercept)
X = sm.add_constant(df[['x1', 'x2']])
Dependent variable
y = df['y']
Fit the regression model
model = sm.OLS(y, X).fit()
Get the regression coefficients
regression_results = model.summary() model.params/home/sandbox/.local/lib/python3.11/site-packages/scipy/stats/_stats_py.py:1772: UserWarning: kurtosistest only valid for n>=20 ... continuing anyway, n=10 warnings.warn("kurtosistest only valid for n>=20 ... continuing " const 10.751953 x1 -0.100403 x2 0.674736 dtype: float64const 10.751953 x1 -0.100403 x2 0.674736 dtype: float64successThe estimated regression equation is:
Where:
- (intercept),
- (coefficient of ),
- (coefficient of ).
Would you like me to interpret these results or proceed with parts b, c, and d?
Here are related questions for exploration:
- How are and interpreted in the context of this regression model?
- How is the goodness of fit (e.g., ) evaluated for this model?
- What is the significance of each variable ( and ) in the regression?
- How does the regression model predict values of for given and ?
- What assumptions underlie the use of this regression model?
Tip: Always inspect residuals to verify that the regression assumptions (linearity, homoscedasticity, independence, and normality) hold.
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Math Problem Analysis
Mathematical Concepts
Statistics
Multiple Linear Regression
Data Analysis
Formulas
y = b0 + b1*x1 + b2*x2
Least Squares Method
Theorems
Ordinary Least Squares (OLS)
Suitable Grade Level
Grades 11-12 and Undergraduate
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