33. From 10 observations of price (m) and supply (n) of a commodity, theröilowing summary figures were obtained (in appropriate units):Em = 130; E n= 220 ; E mf = 2288 ; E n = 5506 and E mn = 3467Compute a line of regression of n on m and estimate the supply when the price is 16.%3D%3D

Introduction - linear regression equation y=a+bx where , a=y-intercept b=slope of the regression…

Answered: 33. From 10 observations of price (m)…

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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Þata on the relationship between plant age and dry matter in the stalk are given in the Table. X (Age) 4 6 8 10 12 14 16 18 Y (Dry matter, %) 24 28 35 48 44 49 51 | 51 i) Express the relationship between the exhausted age and dry matter level with the regression equation (Ý = aX + b). ii) Using the obtained equation, estimate what the dry matter% of plants with ii) a age of 22 weeks will be. iii) By drawing the skater diagram, find the correlation coefficient and interpret the found values. iii)
A chemical process was studied using a 2k design. Using ANOVA, the results have been modeled to produce the following linear equation in coded units: Vield =28.360+0.615 Temperature +0.485 Time Along the direction of steepest ascent. how many coded units must be moved in the Time direction for each step of one coded unit in the Temperature direction? Express your answer to 3 decimal places (XXXXX) Your Answer:
A fuel company wants to find the functional relation between the amount of gas it sells for heating and the daily temperature. Given the values for 10 observations ∑x= - 50, ∑x^2 = 626, ∑y^2 = 6432 ∑y= 222, ∑xy= —1743 for the daily average temperature and gas sales (in thousand liters). a) Obtain and interpret the correlation coefficient for the variables.b) Set up the regression equation and interpret the coefficients.c) Find R2 and interpret.d) When the temperature is 10 degrees, please observe the gas sales amount.
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 = 83.3 + 2.24x, + 1.30x2. The computer solution, based on a sample of eight weeks, provided SST 25.2 and SSR = 23.455. %D (a) Compute and interpret R² and R,. (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 . 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, R = 0.653 and R, = 0.595. Do you prefer the multiple regression results? Explain. %3D 2 Multiple regression analysi v ---Select--- ipreferred since both R2 and R, show ---Select--- O…
Consider a linear regression model for the decrease in blood pressure (mmHg) over a four-week period with muy=2.8+0.8x and standard deviation chi=3.2. The explanatory variable x is the number of servings fruits and vegetables in a calorie-controlled diet. Explain clearly what this slope says about the change in the mean of y for a change in x.
Q12) If the slope of the regression equation y=b0+b1×x is equal to negative, then; 1. as x increases y decreases 2.. as x changes, y does not change 3.. Either a or b is correct 4.. as x decreases y increases
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A researcher is interested in finding out the factors which determined the yearly spending on family outings last year (Y, measured in dollars). She compiles data on the number of members in a family (X1), the annual income of the family (X2), and the number of times the family went out on an outing in the last year (X3). She collects data from 196 families and estimates the following regression: Y=120.45+1.54X1+2.12X2+2.12X3. Suppose β1, β2, β3, denote the population slope coefficients of X1, X2, and X3, respectively. The researcher wants to check if neither X1 nor X2 have a significant effect on Y or at least one of them has a significant effect, keeping X3 constant. She calculates the value of the F-statistic for the test with the two restrictions (H0: β1=0, β2=0 vs. H1: β1≠0 and/or β2≠0) to be 3.00. The p-value for the test will be enter your response here?
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…
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The table lists the average monthly cost to workers for family health insurance for various years. Year, x Average Monthly Cost to Workers for Family Health Insurance $298 a) Use a graphing calculator to fit a regression line to the data. b) Predict the average monthly cost to workers for family health insurance in 2020, and compare the value with $493.3, which is obtained using the points (1,340) and (4,386). c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely. 2009, 0 2010, 1 2011, 2 340 348 2012, 3 367 2013, 4 2014, 5 386 406 a) The linear equation of the regression line that best models the data is y =x+. (Round to the nearest hundredth as needed.) b) The average monthly cost to workers for family health insurance in 2020 is predicted to be $ (Round to the nearest cent as needed.) Compare the above obtained value with $493.3 This value is $ $493.3 c) The correlation coefficient is (Round to the nearest thousandth as…

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