Given are five observations for two variables, x and y.X;123428.6.1113 E(x; - x)(y; - y)(d) Develop the estimated regression equation by computing the values of b, and b, using b.and b, = y - b,x.1E(x; - x)2ŷ =%3D(e) Use the estimated regression equation to predict the value of y when x = 4.

Find Regression line equations from the following data, also Estimate y when x = 4 X Y 1 2 2…

Answered: 2(x, – x)(Y, – ý) (d) Develop the…

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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Data on tuition and mid-career salary are collected from a number of universities and colleges. The result of the data collection is the linear regression model ŷ=0.93x + 167 where x = annual tuition and y = average mid-career salary of graduates, both in thousands of dollars. 1. Which quantity is the independent variable? O average mid-career salary of graduates annual tuition OF 2. According to this model, what is the average salary for a graduate of a college or university where the annual tuition is $30,000? $ 3. What is the slope of this regression model?
Consider the regression equation In Y₁ = 3.89 +0.5X₁ +0.3X₂i a. Predict the value of Y when X₁ = 7.1 and X₂ = 4.9. b. Interpret the meaning of the regression coefficients 100.b₁, and 100.b₂.
The annual expenditure for cell phones varies by the age of an individual. The average annual expenditure E(a) (in $) for individuals of age a (in years) is given below:a: 20, 30, 40, 50, 60, 70E(a): 502, 658, 649, 627, 476, 2131. Use quadratic regression to find the model that best represents the data.2. At what age is the yearly expenditure for cell phones the greatest? Round the answer to the nearest year. YOU MUST SHOW THE WORK FOR THIS PART!
Solve b
a snow plower recorded inches of snow fall and the yield by measure of square acreage over the previous 5 seasons. The regression equation is determined to be y=38.4+6.3x where x represents the inches of snowfall and y the measure of yield. 1. use the best fitting line to predict yield for 6 inches of snow 2. one of the records is (6,75) what is teh residual if x is 6
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Gross Revenue ($1,000s) 96 90 ŷ = 95 92 95 94 94 94 Television Newspaper Advertising Advertising ($1,000s) ($1,000s) 5.0 2.0 4.0 2.5 3.0 3.5 2.5 3.0 1.5 2.0 1.5 2.5 3.3 2.3 4.2 2.5 (a) Develop an estimated regression equation with the amount of television advertising as the independent variable. (Round your numerical values to two decimal places. Let X₁ amount of television advertising in $1,000s and y represent the weekly gross revenue in $1,000s.) ŷ = represent the (b) Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. (Round your numerical values to two decimal places. Let x₁ represent the amount of television advertising in $1,000s, x₂ represent the amount of newspaper advertising in $1,000s, and y represent the weekly…
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Q12 a) Construct a regression model to determine the relationship between individual yearly income and the value of the car owned. b) Using the regression equation from (a) determine the value of the car if the yearly income is $40,000 c) Describe the relationship between yearly income and value of the car owned d) Identify the independent variable and dependent variable based on the regression model constructed in (a) e) Explain why it is incorrect to predict the value of the car if an individual income is $10,000
It has been hypothesized that overall academic success for first-year college students as measured by grade point average (GPA) is a function of IQ scores = X1, and hours spent studying each week = X2. Suppose the regression equation is: Y = -5.7 + 0.02X1 +0.5X2 1) What is the predicted GPA for a student with an IQ of 100 and 40 hours spent studying per week? 2)Will the independent variables be endogenous? State what it means by endogenous, and explain why that will be the case. 3) If you have a choice to change the variables or add/drop variables, what would be your set of independent variables, and explain why you chose those variables.
The owner of a movie theater company used multiple regression analysis to predict gross revenue (y) as a function of television advertising (x,) and newspaper advertising (x,). The estimated regression equation was ý = 82.3 + 2.29x, + 1.90x2. The computer solution, based on a sample of eight weeks, provided SST = 25.1 and SSR = 23.415. (a) Compute and interpret R? and R 2. (Round your answers to three decimal places.) The proportion of the variability in the dependent variable that can be explained by the estimated multiple regression equation is 653 x . Adjusting for the number of independent variables in the model, the proportion of the variability in the dependent variable that can be explained by the estimated multiple regression equation is (b) When television advertising was the only independent variable, R2 = 0.653 and R,2 = 0.595. Do you prefer the multiple regression results? Explain. Multiple regression analysis (is preferred since both R2 and R.2 show an increased v v…
An individual wants to determine how much money a boy scout earns from selling popcorn (Y-variable) based on the length of time (in days) that they went out selling (X-variable). Using the following linear regression equation Ŷ = 5 + 20X: a. State the value of the intercept AND the value of the slope (2 points) b. Based on the given regression equation, what can you determine about the direction of the relationship between X and Y (i.e. is it positive or negative)? (2 points) c. If a boy scout sells popcorn for 4 days, how much money is he predicted to earn? (2 points)
A study investigating the relationship between a country's annual gross domestic product x (in trillions of dollars) and carbon dioxide emissions y(in millions of metric tons) yielded r = 0.87, se = 141.9 , and the regression equation y-hat = 199.5x + 56.0. For each additional trillion dollars in %3D gross domestic product, carbon dioxide emissions increases by about 0.87 million metric tons, on average increases by about 199.5 million metric tons, on average changes by an amount that cannot be determined from the information given O increases by about 141.9 million metric tons, on average increases by about 56.0 million metric tons, on average

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2(x, – x)(Y, – ý) (d) Develop the estimated regression equation by computing the values of bo and b, using b, and bo = y - b,x. E(x, – x)2 タ= (e) Use the estimated regression equation to predict the value of y when x = 4.