o Use the following data to predict Monthly Rent (Y) based on Size (Sq ft) (X).Monthly RentSize (Sq Ft)8257001450850950145011002000180092570018251200125012501050a.Predict the Monthly Rent for an apartment with size X-975 sq ft. Assume the regression line is: Y = 60.94+1.14 Xb.Determine Coefficient of Determination r. Assume SSR 825 and SSE = 175.с.Interpret the Coefficient of Determination r?d. What is the Correlation Coefficient r?

a) The regression line is Y=60.94+1.14X.

Answered: . Use the following data to predict…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Fit a linear regression model for the following data.
Which of the slopes matches best with the slope of the data in the scatter plot? would it be m = 3/8?, m = 8/3?, m = - 3/8? or would it be m = - 8/3???
The number of banks in a country has been dropping steadily since 1984, and the trend in recent years has been roughly linear. The annual data for the years 1999 through 2008 can be summarized as follows, where x represents the years since 1990 and y the number of banks, in thousands. n=10 Ex-235 ²-5605 Ey-77.564 Ey²=603.80424 Exy-1810.155 a. Find an equation for the least squares line. b. Use your result from part a to predict the number of banks in the year 2020. c. If this trend continues linearly, in what year will the number of banks drop below 6200? d. Find and interpret the correlation coefficient.
Please show excel formulas if possible. Thanks!
The ages (in years) of five men and their systolic pressures. (You can use technology) Age, x 16 25 39 45 49 Systolic blood pressure, y 109 122 143 132 199 a. calculate the correlation coefficient, r b. calculate the critical r c. Is there a significant linear relationship between x and y? d. find the equation of regression line e Interpret the slope and the y-intercept f. Predict the systolic blood pressure for a man who is 40 years old.
The following table contains ACT scores and the GPA for eight college students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand. Report the intercept and slope estimates: Student 1 2 3 4 5 6 7 8 GPA 2.8 3.4 3.0 3.5 3.6 3.0 2.7 3.7 ŷ₁ =B₁ + B₁x₁ ACT 21 24 26 27 29 25 25 30 y X ŷ₁
The following table shows the values of the age and the job satisfaction of ice cream shop employees Employee Age Job Satisfaction16 918 920 722 824 426 528 626 524 722 8 d. Sketch a scatterplot of this data by hand (do NOT use/submit any plots created by a program).e. Does there appear to be a linear relationship between the two variables? f. Calculate the slope for this data.
Pre Calc Direct and Inverse Variation
from I. to III. please thank you
The following data refers to the amount of caffeine (in mg) consumed by ten university students and their time to complete a practice quiz (in minutes) for a Econominc Exam. Time Caffeine 75 180 83 150 65 195 60 240 82 120 58 280 52 270 66 190 55 300 60 250 Calculate the slope and y-intercept for the data above, provide the equation for the line of best fit and interprt the slope and y intercept for the data Let y = time and x = caffeine amount.

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS