(a) Obtain the equation of the estimated regression line. (b) Interpret the slope coefficient. (c) Discuss whether the simple linear regression model obtained does a good job of explaining observed variation in productivity level.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
icon
Related questions
Question
Consider the following data on the number of minutes (x) that 10 persons spent on social media
during office hours and their productivity level (y):
Xi
10
29
54 63
70
76
88 91
108
118
Yi
92 72 59 50 49
48 38 25
14
9
A linear model was fitted using the statistical software R, producing the following output:
Coefficients:
(Intercept) 98.81082
-0.75263
Estimate Std. Error t value Pr(>|t|)
29.8 1.74e-09 ***
-17.6 1.1le-07 ***
3.31574
0.04277
Signif. codes:
0 ***'
0.001 ****
0.01
0.05 .' 0.1
1
Residual standard error: 4.304 on 8 degrees of freedom
Multiple R-squared: 0.9748,
F-statistic: 309.7 on 1 and 8 DF,
Adjusted R-squared:
p-value: 1.11e-07
0.9717
(a) Obtain the equation of the estimated regression line.
(b) Interpret the slope coefficient.
(c) Discuss whether the simple linear regression model obtained does a good job of explaining
observed variation in productivity level.
(d) Perform a model utility test using a = 0.01. Use an appropriate P-value from the output
given. (Note: R uses the E notation to display very large or very small numbers. For
example, 3.2e-4 = 3.25 x 10-4 = 0.000325.)
(e) The R output provides a residual standard error of 4.304, and an estimated standard error
value of 0.04277 for the slope coefficient. Provide the formulas used to obtain these two
values, and describe what these standard errors are.
Transcribed Image Text:Consider the following data on the number of minutes (x) that 10 persons spent on social media during office hours and their productivity level (y): Xi 10 29 54 63 70 76 88 91 108 118 Yi 92 72 59 50 49 48 38 25 14 9 A linear model was fitted using the statistical software R, producing the following output: Coefficients: (Intercept) 98.81082 -0.75263 Estimate Std. Error t value Pr(>|t|) 29.8 1.74e-09 *** -17.6 1.1le-07 *** 3.31574 0.04277 Signif. codes: 0 ***' 0.001 **** 0.01 0.05 .' 0.1 1 Residual standard error: 4.304 on 8 degrees of freedom Multiple R-squared: 0.9748, F-statistic: 309.7 on 1 and 8 DF, Adjusted R-squared: p-value: 1.11e-07 0.9717 (a) Obtain the equation of the estimated regression line. (b) Interpret the slope coefficient. (c) Discuss whether the simple linear regression model obtained does a good job of explaining observed variation in productivity level. (d) Perform a model utility test using a = 0.01. Use an appropriate P-value from the output given. (Note: R uses the E notation to display very large or very small numbers. For example, 3.2e-4 = 3.25 x 10-4 = 0.000325.) (e) The R output provides a residual standard error of 4.304, and an estimated standard error value of 0.04277 for the slope coefficient. Provide the formulas used to obtain these two values, and describe what these standard errors are.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill