wk 5 assignment

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University of Houston, Downtown *

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4317

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Industrial Engineering

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Dec 6, 2023

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docx

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Wk. 5 Assignment
Wk. 5 Assignment 20.) =CORREL(A2:A100, B2:B100) 21.) =CORREL(B2:B100, C2:C100) 1. Correlation between Age and Driving in Inclement Weather: The correlation coefficient between age and driving in inclement weather is -0.21. This negative correlation indicates that as age increases, the likelihood of driving in inclement weather decreases. However, the correlation is weak, as the absolute value of the coefficient is less than 0.5. 2. Statistical Significance: The correlation is not statistically significant at the 0.01 level. This means that we cannot confidently claim that the observed correlation is not due to chance or random variation in the data. Without statistical significance, we cannot establish a causal relationship between age and driving in inclement weather. 3. Probability of Driving in Inclement Weather for People Under 30: The probability that a randomly selected person who drives in inclement weather is under 30 years old is 0.42. This probability is determined by calculating the proportion of people under 30 who also drive in inclement weather from the provided data. 4. Probability of Driving in Inclement Weather for People Under 30: The probability that a randomly selected person who is under 30 years old drives in inclement weather is 0.7. This probability is calculated based on the proportion of people under 30 who drive in inclement weather from the given dataset. In conclusion, while there is a weak negative correlation between age and driving in inclement weather, it is not statistically significant enough to establish a causal relationship. The probabilities indicate that there is a relatively high likelihood of people under 30 years old driving in inclement weather, but caution should be exercised in drawing strong conclusions without further analysis and evidence. 22.) a.) Create a scatter plot: b.) Calculate the slope: =SLOPE(D2:D100, C2:C100). c.) Calculate the intercept: =INTERCEPT(D2:D100, C2:C100). d.) Check linearity: Visually inspect the scatter plot to see if the relationship appears linear. e.) Test the slope: You can perform a hypothesis test to check if the slope is significantly different from 0. f.) Comment on assumption violations:
Wk. 5 Assignment Discuss potential violations of linear regression assumptions, such as linearity, independence of errors, and homoscedasticity. g.) Calculate the standard error of the estimate: =STEYX(D2:D100, C2:C100).
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