4.A company has recorded data on the daily demand for its product (y inthousands of units) and the unit price (x in hundreds of dollars). A sample of 15days demand and associated prices resulted in the following data.Ex² = 469 Ey=135 Ey=1315 Σxy=616Σ x = 75a. What are the intercept and slope of estimated regression equationb. how do you interpret the intercept and slope of the estimated regressionequation?c. Compute SSE, SST, and SSR.d. Compute the coefficient of determination r2. Comment on thegoodness of fit. e. Compute the standard error of the estimate.f. Compute the estimated standard deviation of b₁.g. Use the t test to test the following hypothesis ß₁ = 0 at a = .05. What isyour conclusion?

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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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The Toyota Camry is one of the best-selling cars in North America. The cost of a previously owned Camry depends upon many factors, including the model year, mileage, and condition. To investigate the relationship between the car's mileage and the sales price for a 2007 model year Camry, the following data show the mileage and sale price for 19 sales (PriceHub website). Click on the datafile logo to reference the data. DATA file 1. 18 Price ($1000s) 16 14 12 10 18 6 If your answer is zero, enter "0". a. Select a scatter diagram with the car mileage on the horizontal axis and the price on the vertical axis. 20 40 6,0 8,0 100 Miles (1000s) 120 223 +♡ ♡ Miles(1000s) 29 36 47 63 77 73 87 92 101 110 28 59 68 68 91 42 65 110 Price ($1000s) 16.2 16.0 13.8 11.5 12.5 12.9 11.2 13.0 11.8 10.8 8.3 12.5 11.1 15.0 12.2 13.0 15.6 12.7 8.3
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Different patients are randomly selected and measured for pulse rate and body temperature. Using technology with x representing the pulse rates and y representing temperatures, we find that the regression equation has a slope of -0.007 and a y-intercept of 95.6. a. What is the equation of the regression line? b. What does the symbol y represent? a. Choose the correct answer below and fill in the answer boxes to complete your choice. (Type integers or decimals. Do not round.) OA. The equation is Inx=+(y. OB. The equation is Iny=( OC. The equation is y=+x OD. The equation is x=+y b. The symbol y represents value of the actual the mean a predicted ▼ C
Select the appropriate interpretation for the slope of the linear regression equation below. Y (Dependent Variable) = Grade Point Average X (Independent Variable) = Average number of hours spent using electronic devices for entertainment purposes yhat = 4 - 0.125*X A. For every 1 hour more spent using electronic devices for entertainment per week then a person's GPA will increase on average by 0.125 points B. For every 1 GPA gained obtained by a student then on average that person will have watched 0.125 hours fewer of entertainment on electronic devices per week C. For every 1 GPA point lost by a student then on average that person will have watched 0.125 hours more of entertainment on electronic devices per week D. For every 1 hour more spent using electronic devices for entertainment per week then a person's GPA will decrease on average by 0.125 points
A statistical program is recommended. 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 Television Gross Newspaper Advertising Advertising ($1,000s) ($1,000s) Revenue ($1,000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 1 (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 represent the amount of television advertising in $1,000s and y represent the weekly gross revenue in $1,000s.) y = 88.64 + 1.60x1 X (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…
8. Suppose the following estimated regression equation was determined to predict salary based on years of experience. Estimated Salary = 27,017.66 +2343.69 (Years of Experience) What is the estimated salary for an employee with 26 years of experience? Answer:
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
Ariel was running analyses over and over in census data and came across a correlation between weight and debt (r=.78). Independent variable is weight and dependent variable is debt. b) Curious Ariel noted some statistics on these weight (M=160lb, SD=15lb) and debt (M=196k, SD=20k). If Ariel wanted to calculate a regression equation, what would her slope and intercept be?
Q1: [Regression and Correlation] The index of biotic integrity (IBI) is a measure of water quality in streams. As a data analyst you must monitor, track, and predict changes in water quality. You want to create a simple linear regression model that will allow you to predict changes in IBI in forested area. The following table conveys sample data from a coastal forest region and gives the data for IBI and forested area in square kilometers. Let forest area be the predictor variable (x) and IBI be the response variable (y). IBI X 47 72 21 72234 19 58 49 Forest Area Y 38 59 27 24 63 49 45 Required a. Q2: [Naïve Bayes] a. Write the pseudo-code of the following Naïve Bayes algorithm b. Consider the given dataset that classifies animals into two distinct classes. The classes are labeled as 'cat' and 'dog'. Use Naive Bayes classifier to figure out the class (cat/dog) of an instance if it has the following values of attributed Plot Scatter graph b. Determine the regression equation c. Compute…
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Different patients are randomly selected and measured for pulse rate and body temperature. Using technology with x representing the pulse rates and y representing temperatures, we find that the regression equation has a slope of-0.019 and a y-intercept of 99.6. a. What is the equation of the regression line? b. What does the symbol y represent? a. Choose the correct answer below and fill in the answer boxes to complete your choice. (Type integers or decimals. Do not round.) O A. The equation is x = O B. The equation is In y = x. O C. The equation is In x = O D. The equation is y = X. b. The symbol y represents value of Click to select and enter your answer(s). 3:45 PM P Type here to search 4/16/2021 12 ho num Ik 17 prt scr insert esc %23 24 & backspace 2 3 4 6. 7 81 6. tab W E R 2. enter A D F H. K 3. 00 %#M
The slope, b represents * O predicted value of Y when X = 0. O the estimated average change in Y per unit change in X. O variation around the line of regression. O the predicted value of Y.

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