0. A regional planner employed by a public university is studying the demographics of nine counties in the eastern region of an Atlantic seaboard state. She has gathered the following data:   County Median Income Median Age Coastal A $ 48,725   55.3 1 B   48,383   53.7 1 C   46,862   46.5 1 D   48,777   57.9 0 E   36,339   43.4 0 F   37,618   40.3 0 G   37,495   37.2 0 H   38,301   31.2 1 I   37,705   32.5 1        Click here for the Excel Data File   a. Is there a linear relationship between the median income and median age? (Round your answer to 3 decimal places.)       b. Which variable is the "dependent" variable?   multiple choice 1 Median Age Median Income   c-1. Use regression analysis to determine the relationship between median income and median age. (Round your answers to 2 decimal places.)       c-2. Interpret the value of the slope in a simple regression equation. (Round your answer to 2 decimal places.)       d. Include the aspect that the county is "coastal" or not in a multiple linear regression analysis using a "dummy" variable. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)       e. Test each of the individual coefficients to see if they are significant. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.)       f. Make a histogram of the residuals. Which plot is correct?     Residual plot 1 Residual plot 2 Residual plot 3         multiple choice 2 Plot 1 Plot 2 Plot 3   g. Make a scatter diagram of the residual values versus the fitted values

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10.

A regional planner employed by a public university is studying the demographics of nine counties in the eastern region of an Atlantic seaboard state. She has gathered the following data:
 

County Median Income Median Age Coastal
A $ 48,725   55.3 1
B   48,383   53.7 1
C   46,862   46.5 1
D   48,777   57.9 0
E   36,339   43.4 0
F   37,618   40.3 0
G   37,495   37.2 0
H   38,301   31.2 1
I   37,705   32.5 1
 

 

 
 Click here for the Excel Data File
 
a. Is there a linear relationship between the median income and median age? (Round your answer to 3 decimal places.)
 
 

 
b. Which variable is the "dependent" variable?
 
multiple choice 1
  • Median Age
  • Median Income

 
c-1. Use regression analysis to determine the relationship between median income and median age. (Round your answers to 2 decimal places.)
 
 

 
c-2. Interpret the value of the slope in a simple regression equation. (Round your answer to 2 decimal places.)
 
 

 
d. Include the aspect that the county is "coastal" or not in a multiple linear regression analysis using a "dummy" variable. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)
 
 

 
e. Test each of the individual coefficients to see if they are significant. (Negative amounts should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.)
 
 

 
f. Make a histogram of the residuals. Which plot is correct?
 

 

Residual plot 1 Residual plot 2 Residual plot 3
     

 

multiple choice 2
  • Plot 1
  • Plot 2
  • Plot 3

 
g. Make a scatter diagram of the residual values versus the fitted values. Which plot is correct?
 

 

Residuals vs Fits 1 Residuals vs Fits 2 Residuals vs Fits 3
     

 

multiple choice 3
  • Plot 1
  • Plot 2
  • Plot 3
 
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