000 Summary Statistics Switch Variables Statistic medianhouseholdincome casesper100k Мean 65057.304 652.217 Standard 500 11542.583 435.999 Deviation Sample Size 23 Correlation -0.115 Slope -0.0044 000 Intercept 935.699 Scatterplot Controls O Show Regression Line 500

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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StatKey Descriptive Statistics for Two Quantitative Variables
Custom Dataset
Show Data Table
Edit Data
Upload File
Change Column(s)
2000
Summary Statistics Switch Variables
Statistic
medianhouseholdincome casesper100k
Mean
65057.304
652.217
Standard
1500
11542.583
435.999
Deviation
Sample Size
23
Correlation
-0.115
Slope
-0.0044
1000
Intercept
935.699
Scatterplot Controls
Show Regression Line
500
0.
45000
50000
55000
60000
65000
70000
75000
80000
85000
90000
medianhouseholdincome
casesper100k
Transcribed Image Text:StatKey Descriptive Statistics for Two Quantitative Variables Custom Dataset Show Data Table Edit Data Upload File Change Column(s) 2000 Summary Statistics Switch Variables Statistic medianhouseholdincome casesper100k Mean 65057.304 652.217 Standard 1500 11542.583 435.999 Deviation Sample Size 23 Correlation -0.115 Slope -0.0044 1000 Intercept 935.699 Scatterplot Controls Show Regression Line 500 0. 45000 50000 55000 60000 65000 70000 75000 80000 85000 90000 medianhouseholdincome casesper100k
1. Using the scatterplot you constructed, do there appear to be any outliers (if you find that
there are outliers give their values (x and y coordinates).
2. Find the correlation coefficient (give the appropriate symbol and the value)
Symbol =
value =
3. Interpret the correlation coefficient in context of the problem.
4. Find the regression equation. Give the slope and the y intercept
Y intercept,
Slope =
equation:
5.Interpret the Y intercept in context. If you feel y intercept doesn't make sense in this case
explain why.
6. Interpret the slope in context.
7. Using the scatterplot find the data point that appears to have the largest positive residual
(give the x and y coordinate)
X= Y=
8. compute the residual for the data point you found in #7.
Residual =
Show work
9. List a possible confounding variable and explain why you believe it is a confounding variable
Part 2
Using the same set of data, create a bootstrap distribution (with 1000 samples) using the
sample as your original bootstrap sample. (note: you will need to upload the data again for the
bootstrap distribution)
10.What does each object in your bootstrap distribution represent (be specific include the
appropriate symbol)
11. using the bootstrap distribution, create a 90% confidence interval
interval is
12. What parameter are you estimating? (indicate what the parameter represents in context
and be sure to include the appropriate symbol- see introduction for how to represent symbols
13. Interpret the interval in context.
14.Using this interval, can you make any conclusions as to whether the value of your parameter
is positive, negative or 0). Explain your answer for credit
Transcribed Image Text:1. Using the scatterplot you constructed, do there appear to be any outliers (if you find that there are outliers give their values (x and y coordinates). 2. Find the correlation coefficient (give the appropriate symbol and the value) Symbol = value = 3. Interpret the correlation coefficient in context of the problem. 4. Find the regression equation. Give the slope and the y intercept Y intercept, Slope = equation: 5.Interpret the Y intercept in context. If you feel y intercept doesn't make sense in this case explain why. 6. Interpret the slope in context. 7. Using the scatterplot find the data point that appears to have the largest positive residual (give the x and y coordinate) X= Y= 8. compute the residual for the data point you found in #7. Residual = Show work 9. List a possible confounding variable and explain why you believe it is a confounding variable Part 2 Using the same set of data, create a bootstrap distribution (with 1000 samples) using the sample as your original bootstrap sample. (note: you will need to upload the data again for the bootstrap distribution) 10.What does each object in your bootstrap distribution represent (be specific include the appropriate symbol) 11. using the bootstrap distribution, create a 90% confidence interval interval is 12. What parameter are you estimating? (indicate what the parameter represents in context and be sure to include the appropriate symbol- see introduction for how to represent symbols 13. Interpret the interval in context. 14.Using this interval, can you make any conclusions as to whether the value of your parameter is positive, negative or 0). Explain your answer for credit
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