5. Calculate the two regression equations on X on Y and Y on X from the data givenbelow, taking deviations from a actual means of X and Y.Price (Rs)Amount Demanded10401238Estimate the likely demand when the price is Rs.20.131243 4516 1537 43

We have given that following table Price (x) Amount demanded (y) 10 40 12 38 13 43 12 45…

Answered: 5. Calculate the two regression…

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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9. For the next problem, use this data set: X y 1 5 2 3 3 2 4 4 5 7 The regression equation for the above data set is ý = 2.7 +0.5x. (a) Calculate and plot the residuals. (b) Based on your plot, should this regression equation be used to predict y from x?
Compute the least-squares regression equation for the given data set. Use a TI-84 calculator. Round the slope and y-intercept to at least four decimal places. 43 37 15 19 24 37 18 y 72 67 25 29 42 65 32 Send data to Excel Regression line equation: y = 1.7777x + 1.5838
Weight (lbs.) 173 184 194 214 168 220 188 188 207 167 217 Systolic Blood Pressure 132 143 153 162 154 168 137 149 159 128 166 1. What is the response variable? 2. What is the explanatory variable? 3. What is the equation of the linear regression line? 4. If person's weight is 150, what can we expect the systolic blood pressure to be?
The following table shows worldwide sales and projected sales of a certain type of phone and their average selling prices in 2020, 2022, and 2024. Year 2020 2022 2024 Selling Price ($100) p 6 5 4.5 Sales (billions) q 1 1.2 1.3 Find the regression line. 9(p) = Use the regression line to estimate the demand (in millions of units sold) when the selling price was $250. X million 1.6 Need Help? Read It Master It
Q.1/ Use linear regression to fit the following experimental data. 图 2 3 4 5 7 10 y 5.2 7.8 10.7 13 19.3 26.5
Suppose that a simple linear regression model is appropriate for describing the relationship between y = house price (in dollars) and x = house size (in square feet) for houses in a large city. The population regression line is y = 22,500 + 43x and ?e = 4,000. b) Approximately what proportion of 2,000 sq ft homes would be priced over $110,000? (You may need to use a table. Round your answer to four decimal places.) Approximately what proportion of 2,000 sq ft homes would be priced under $100,000? (You may need to use a table. Round your answer to four decimal places.)
A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ý = 81 + 4x. Years of Annual Sales Salesperson Experience ($1,000s) 80 3 97 3 102 4 4 102 103 6. 8 101 10 119 8 10 123 9. 11 127 10 13 136 (a) Compute SST, SSR, and SSE. SST = SSR = SSE = (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) r2 = Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) O The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line. The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line did…

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5. Calculate the two regression equations on X on Y and Y on X from the data given below, taking deviations from a actual means of X and Y. Price (Rs) Amount Demanded 10 40 12 38 Estimate the likely demand when the price is Rs.20. 13 43 45 12 16 15 37 43