A local retail store compared their monthly sales of umbrellas with the amount of rainfall that occuredduring that month. They computed the following statistics:Rainfall (in) # of umbrellasmean = 4.64mean = 34.2SD = 1.17SD = 13.2r = 0.81. Find the equation for the regression line that predicts the monthly sales of umbrellas from monthlyrainfall.

The question is about regression.Mean of monthly rainfall ( ) = 4.64Standard deviation of monthly…

Answered: A local retail store compared their…

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 following table gives the data for the grades on the midterm exam and the grades on the final exam. Determine the equation of the regression line, yˆ=b0+b1x�^=�0+�1�. Round the slope and y-intercept to the nearest thousandth. Grades on Midterm and Final Exams Grades on Midterm 7171 6262 7878 9494 8383 8181 8080 9494 8585 6262 Grades on Final 8888 7979 8888 9191 8080 7070 7171 9393 6565 7777
The table below gives the number of hours spent unsupervised each day as well as the overall grade averages for seven randomly selected middle school students. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the overall grade average for a middle school student based on the number of hours spent unsupervised each day. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Hours Unsupervised 0 0.5 2 3 4.5 5 6 Overall Grades 99 98 96 92 89 88 80 Table Step 6 of 6 : Find the value of the coefficient of determination. Round your answer to three decimal places.
A real estate agent wanted to find the relationship between sale price of houses and the size of the house. Shecollected data on two variables recorded in the following table for 15 houses in Seattle. The two variables are PRICE= Sale price of houses in thousands of dollarsSIZE= Area of the entire house in square feet. The Excel working has been given. Note: the left hand side is Regression run(ans a).. The right hand side is 'new' regression run (for ans d). Question b) Interpret the slope and constant term with proper UNITS assigned. c) Comment on the explanatory power of the regression model from the required output. Copy that specificoutput into your assignment word document.Now to increase the explanatory power of the model the real estate agent decides to look at the age of thehouse and the garden size. For the 15 houses in our sample the new variables areAGE= Age of the house in years, since it was builtGARDEN= Area of the garden in acres. d) Once these two new variables are…
Dr. James did a study about the relationship between political attitudes for husbands and wives for a sample of N = 8 married couples. The wives had a mean score of M = 7 with SS = 172, the husbands had a mean score of M = 9 with SS = 106, and SP = 122. i. Find the regression equation to predict husbands’ political attitude from the wives’ score ii. what percentage of variance in the husbands’ political attitudes is explained by their wives' scores? iii. Can Dr. James use the regression equation to make a prediction of a new husband’s political attitude based on his wife's attitude score? Make a conclusion based on the summary table of analysis of regression.
Given that the systolic blood pressure in the right arm is 90 mm Hg, the best systolic blood pressure in the left arm is how many mm Hg?
A regression was run to determine if there is a relationship between hours of TV watched per day (x) and number of situps a person can do (y).The results of the regression were:y=ax+b a=-0.96 b=35.944 r2=0.736164 r=-0.858 Use this to predict the number of situps a person who watches 10.5 hours of TV can do (to one decimal place)
What is the differed annual expenditures of two families if their annual net incomes are differed by 2000? The computed regression line has a value of a=4.32 and b=2.12.
A regression was run to determine if there is a relationship between hours of TV watched per day (x) and number of situps a person can do (y). The results of the regression were: уах+ b a = -1.098 b = 37.154 r2 = 0.444889 r = -0.667 Use this to predict the number of situps a person who watches 11 hours of TV can do. situps = [one decimal accuracy]
A regression was run to determine if there is a relationship between hours of TV watched per day (x) and number of situps a person can do (y).The results of the regression were:y=ax+b a=-0.96 b=35.944 r2=0.736164 r=-0.858 Use this to predict the number of situps a person who watches 10.5 hours of TV can do (to one decimal place)
The sweetness, y, of the fruit is supposed to be related to the average daily sunshine hours, x. The following data shows the sweetness of the same type of fruit at different locations (sunshine hours). Fit the data to a simple linear regression model. x: 5, 6, 7, 6, 6, 8, 7, 5. y: 9, 10, 10, 11, 12, 13, 12, 8. Predict the true mean sweetness for average daily hours of 8 hours, and calculate the residual for average daily sunshine hours of 8 hours.
Below is some of the regression output from a regression of the amount various customers paid for a new car (expressed in dollars) versus the age of the customer (expressed in years), the number of previous cars the customer had purchased from the dealership in the past, a dummy variable indicating the gender of the customer (=1 for a Man and = 0 for a woman), and an interactive term the multiplies the age of the customer with the gender dummy variable. Regression Statistics Multiple R 0.963 R Square Adjusted R Square Standard Error Observations 20 ANOVA df SS MS F Significance F Regression 24686354.49 6171589 47.8 2.3289E-08 Residual 129243 Total 26625000…
A researcher interested in explaining the level of foreign reserves for the country of Barbados estimated the following multiple regression model using yearly data spanning the period 2001 to 2016: FR=a+B01L+YEXP+8FDI Where FR = yearly foreign reserves (So000's), OIL = annual oil prices, EXP = yearly total exports (S000's) and FDI = annual foreign direct investment ($000's). The sample of data was processed using MINITAB and the following is an extract of the output obtained: Predictor Coef StDev t-ratio p-value Constant 5491.38 2508.81 2.1888 0.0491 OIL 85.39 18.46 4.626 0.0006 EXP -377.08 112.19 0.0057 FDI -396.99 160.66 -2.471 s - 2.45 R-sq = 96.3% R-sq(adj) = 95.3% Analysis of Variance Source DF MS F Regression 3 1991.31 663.77 ?? Error 12 43. רר 6.45 Total 15 a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values **', **', '?'and *??"

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