A professor in the School of Business in a university polled a dozen colleagues about the number of professional meetings they attended in the past five years (x) and the number ofpapers they submitted to refereed journals (y) during the same period. The summary data are provided. Fit a simple linear regression model between x and y by finding out theestimates of intercept and slope. Comment on whether attending more professional meetings would result in publishing more papers.nnn = 12, x = 4, y = 12,X₁Y₁ = 320i=1x² = 234,i=1The estimated regression line is y = 36.4 + (-6.10 )x.(Round to two decimal places as needed.)Comment on whether attending more professional meetings would result in publishing more papers.Let it be unclear that attending more professional meetings affects the number of published papers if the value used to make that determination is between 1 and 1.Because theof the regression equation isit would appear that attending more professional meetings▼

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Answered: A professor in the School of Business…

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 table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $878.The equation of the regression line is y=1.342x+55.816. Wages [state]- 712, 746, 786, 803, 841, 879, 918, 926, 954, 979 Wages [federal]- 1,024, 1,048, 1,098, 1,135, 1,195, 1,240, 1,270, 1,299, 1,340, 1,376 Construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $878. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) PICK THE CORRECT ANSWER [A] We can be 98% confident that when the average weekly wages of state government employees is $878, the average weekly wages of…
The accompanying data are the number of wins and the earned run averages (mean number of earned runs allowed per nine innings pitched) for eight baseball pitchers in a recent season. Find the equation of the regression line. Then construct a scatter plot of the data and draw the regression line. Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. If the x-value is not meaningful to predict the value of y, explain why not. (a) x= 5 wins E Click the icon to view the table of numbers of wins and earned run average. (b) x = 10 wins (c) x = 19 wins (d) x= 15 wins ..... The equation of the regression line is y = x+O (Round to two decimal places as needed.) Wins and ERA Earned run Wins, x average, y 20 2.71 18 3.19 17 2.69 16 3.68 14 3.94 12 4.25 11 3.86 9 5.18 Print Done
Researchers are interested in predicting the height of a child based on the heights of their mother and father. Data were collected, which included height of the child ( height), height of the mother ( mothersheight ), and height of the father (fathersheight ). The initial analysis used the heights of the parents to predict the height of the child (all units are inches). The results of the analysis, a multiple regression, are presented below. . regress height mothersheight fathersheight Source Model Residual Total height mothersheight fathersheight _cons SS 208.008457 314.295372 522.303829 df 2 104.004228 8.49446952 37 MS 39 13.3924059 Coef. Std. Err. .6579529 .1474763 .2003584 .1382237 9.804327 12.39987 t P>|t| 4.46 0.000 C 0.156 0.79 0.434 Number of obs = F( 2, 37) = Prob > F R-squared Adj R-squared = Root MSE = = .3591375 -.0797093 -15.32021 = 40 12.24 0.0001 0.3983 0.3657 2.9145 [95% Conf. Interval] .9567683 .4804261 34.92886 What are the null and alternative hypotheses…
The datasetBody.xlsgives the percent of weight made up of body fat for 100 men as well as other variables such as Age, Weight (lb), Height (in), and circumference (cm) measurements for the Neck, Chest, Abdomen, Ankle, Biceps, and Wrist. We are interested in predicting body fat based on abdomen circumference. Find the equation of the regression line relating to body fat and abdomen circumference. Make a scatter-plot with a regression line. What body fat percent does the line predict for a person with an abdomen circumference of 110 cm? One of the men in the study had an abdomen circumference of 92.4 cm and a body fat of 22.5 percent. Find the residual that corresponds to this observation. Bodyfat Abdomen 32.3 115.6 22.5 92.4 22 86 12.3 85.2 20.5 95.6 22.6 100 28.7 103.1 21.3 89.6 29.9 110.3 21.3 100.5 29.9 100.5 20.4 98.9 16.9 90.3 14.7 83.3 10.8 73.7 26.7 94.9 11.3 86.7 18.1 87.5 8.8 82.8 11.8 83.3 11 83.6 14.9 87 31.9 108.5 17.3…
A real estate analyst has developed a multiple regression line, y = 60 + 0.068 x1 – 2.5 x2, to predict y = the market price of a home (in $1,000s), using independent variables, x1 = the total number of square feet of living space, and x2 = the age of the house in years. The regression coefficient of x2 suggests this: __________. If the square feet area of living space is kept constant, a 1 year increase in the age of the homes will result in a predicted drop of $2500 in the price of the homes If the square feet area of living space is kept constant, a 1 year increase in the age of the homes will result in a predicted increase of $2500 in the price of the homes Whatever be the square feet area of the living space, a 1 year increase in the age of the homes will result in a predicted increase of $2500 in the price of the homes Whatever be the square feet area of the living space, a 1 year increase in the age of the homes will result in a predicted drop of $2500 in the price of the homes
- X Wins and ERA Earned run Wins, x average, y 20 2.79 18 3.31 17 2.65 16 3.83 14 3.94 12 4.27 11 3.78 9 5.18 Print Done
There is a linear relationship between the number of chirps made by the stiped ground cricket and the air temperature. It was determined that the linear regression model is: y = 25.2 + 3.3x where x is the number of chirps per minute and y is the estimated temperature in degrees Fahrenheit. What is the predicted number of chirps made when the temperature is 60 degrees Fahrenheit? Round to the nearest integer. Do not include units.
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
A financial website reported the beta value for a certain company was 0.86. Betas for individual stocks are determined by simple linear regression. The dependent variable is the total return for the stock, and the independent variable is the total return for the stock market, such as the return of a market index. The slope of this regression equation is referred to as the stock's beta. Many financial analysts prefer to measure the risk of a stock by computing the stock's beta value. Suppose the following data show the monthly percentage returns for the market index and the company for a recent year. Month Market Index% Return Company% Return August -3 4 September 8 7 October 0 1 November -2 1 December -5 0 January 0 0 February 7 7 March 0 -2 April 2 0 May -5 -1 a. Develop the least squares estimated regression equation. (Let x = Market Index % Return (as a %), and let y = Company % Return (as a %). Round your numerical values to four decimal places.)
Researchers are interested in predicting the height of a child based on the heights of their mother and father. Data were collected, which included height of the child (height ), height of the mother ( mothersheight ), and height of the father ( fathersheight ). The initial analysis used the heights of the parents to predict the height of the child (all units are inches). The results of the analysis, a multiple regression, are presented below. . regress height mothersheight fathersheight Source Model Residual Total height mothersheight fathersheight _cons SS df 208.008457 314.295372 37 522.303829 2 104.004228 8.49446952 MS 39 13.3924059 Coef. Std. Err. .6579529 .1474763 .2003584 .1382237 9.804327 12.39987 Calculate the test statistic that is labeled "C" in the output. t P>|t| 4.46 0.000 C 0.156 0.79 0.434 Number of obs = F( 2, Prob > F 37) = R-squared Adj R-squared = Root MSE 40 12.24 0.0001 = 0.3983 0.3657 2.9145 .3591375 -.0797093 -15.32021 = [95% Conf. Intervall .9567683 .4804261…

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