August 2011
Beginner to intermediate
202 pages
5h 45m
English
Content preview from Business Applications of Multiple Regression
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138 BUSINESS APPLICATIONS OF MULTIPLE REGRESSION
Resulting Regression Equation
Time to Read Route(Minutes) = 10.2563 + 0.1596(Number of
Residential Meters) + 0.4439(Number of Commercial Meters) –
0.0834(Number of Locations) + 2.2049(Number of Collects) +
29.7468(Miles Walked) + 4.0522(Miles Driven)
Because Time was measured in minutes, this equation tells us that
adding 1 residential meter to the route, while holding everything
else constant, would add about 10 seconds (0.1596 × 60 seconds) to
the time it takes to read a route, whereas adding a commercial meter
would add about 27 seconds. Each collect adds a little over 2 minutes,
each ...
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