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School

University of Waterloo *

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Course

316

Subject

Industrial Engineering

Date

Jan 9, 2024

Type

PNG

Pages

1

Uploaded by CaptainOstrich3957

Report
Unit 8 LAB Stat Project LAB Unit 8: Stat Project [(Required'Graded) 25 points) CSLO A.7, CSLOB.3,CSLO F.6,CSLO G] The goal of this lab is to test the lincar correlation between the two Quantitative Vanables: to find the equation of the regression line for the vanables; and to use the line for prediction. Important Note: The interpretation of Microsoft Excel output is part of this lab, the output itself i1s not sufficient to complete this lab. Make sure to answer each question in complete sentences. U.S. Department of Transportation As part of a study on transportation safety, the U.S. Department of Transportation collected data on the number of fatal accidents per 1000 licenses and the percentage of licensed drivers under the age of 21 in a sample of 42 cities. Data collected over a one- year period follow. These data are contained in the file named Safety.xIxs uploaded along with this lab assignment. Managerial Report 1. Use Microsoft Excel to construct a scatter plot for number of fatal accidents and percentage of dnivers under the age of 21. Paste the output below, please do not upload a separate Excel file. Make sure your graph 1s clearly labeled within Excel (x and y axis, and a title). Develop numerical and graphical summaries of the data as well using the descriptive statistics tool. ro . Use Excel’s regression tool to conduct regression analysis to investigate the relationship between the number of fatal accidents and the percentage of dnivers under the age of 21. Use the computer output to answer the following questions: a) What i1s your independent vanable, X, in this problem? b) What is your dependent vanable, Y, in this problem? ¢) What is the Line of regression for this problem? d) What is the slope? Explain what it means in the context of this problem. ¢) What is the y intercept? Explain what it means in the context of this problem.
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