A recent Gallup survey of a random sample of Americans (18 and older) found that the average number of alcoholic drinks consumed per week (drinks) by males was 4.2 and by females was 1.4.Suppose we use the underlying survey data to estimate a least-squares regression of the average number of drinks a person reports consuming per week $(Drinks_i)$ on a dummy variable equal to 1 if $i$ is female and 0 otherwise $(Female_i)$. (Assume all respondents identify as either male or female.)The estimated regression line equation can be written as:\[\hat{Drinks} = a + bFemale\]**Alcohol Consumption by Gender**What is the numerical value of $b$?

Given: The average number of alcoholic drinks by males Y = 4.2 Male = 0 The average number of…

Answered: A recent Gallup survey of a random…

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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For major league baseball teams, do higher player payrolls mean more gate money? Here are data for each of the American League teams in the year 2002. The variable x denotes the player payroll (in millions of dollars) for the year 2002, and the variable y denotes the mean attendance (in thousands of fans) for the 81 home games that year. The data are plotted in the scatter plot below, as is the least-squares regression line. The equation for this line is y = 11.43 + 0.23x. Player payroll, x (in Mean attendance, y (in $1,000,000s) thousands) Anaheim 62.8 28.52 Baltimore 56.5 33.09 40- Boston 110.2 32.72 35 Chicago White Sox 54.5 20.74 30- Cleveland 74.9 32.35 25- Detroit 54.4 18.52 Kansas City 49.4 16.30 15- Minnesota 41.3 23.70 10+ New York Yankees 133.4 42.84 Oakland 41.9 26.79 20 40 60 80 100 120 140 Seattle 86.1 43.70 Player payroll, Тarmpa Bay 34.7 13.21 X (in $1,000,000s) Техas 106.9 29.01 Toronto 66.8 20.25 Send data to calculator Send data to Excel Based on the sample data and…
A recent Gallup survey of a random sample of Americans (18 and older) found that the average number of alcoholic drinks consumed per week (drinks) by males was 4.2 and by females was 1.4.[1] Suppose we use the underlying survey data to estimate a least-squares regression of the average number of drinks a person reports consuming per week (Drinks;) on a dummy variable equal to 1 if i is female and O otherwise (Female;). (Assume all respondents identify as either male or female.) The estimated regression line equation can be written as: Drinks = a +bFemale Alcohol Consumption by Gender Because Female is a dummy variable, the problem provides us with enough information to figure out the exact regression line equation. What is the numerical value of a?
The following data represent the speed at which a ball was hit (in miles per hour) and the distance it traveled (in feet) for a random sample of home runs in a Major League baseball game in 2018. Complete parts (a) through (f). Click here to view the data. Click here to view the critical values of the corelation coefficient (a) Find the least-squares regression line treating speed at which the ball was hit as the explanatory variable and distance the ball traveled as the response variable. y (Round to three decimal places as needed.) (b) Interpret the slope and y-intercept, if appropriate. Begin by interpreting the slope. Data table O A. The slope of this least-squares regression line says that the distance the ball travels increases by the slope with every 1 mile per hour increase in the speed that the ball was hit. O B. The slope of this least-squares regression line shows the increase in the speed that the ball was hit with every 1 foot increase in the distance that the ball was…
The following gives the number of accidents that occurred on Florida State Highway 101 during the last 4 months: Month Number of Accidents Jan 25 Feb 40 Mar 60 Apr 90 Using the least-squares regression method, the trend equation for forecasting is (round your responses to two decimal places): ŷ-0-0x Using least-squares regression, the forecast for the number of accidents that will occur in the month of May = accidents (enter your response as a whole number).
An article on the cost of housing in California that appeared in the San Luis Obispo Tribunet included the following statement: "In Northern California, people from the San Francisco Bay area pushed into the Central Valley, benefiting from home prices that dropped on average $4000 for every mile traveled east of the Bay area." If this statement is correct, what is the slope of the least-squares regression line, ý = a + bx, where y = house price (in dollars) and x = distance east of the Bay (in miles)? Your answer cannot be understood or graded. More Information
Suppose the following data were collected from a sample of 1515 CEOs relating annual salary to years of experience and the economic sector their company belongs to. Use statistical software to find the following regression equation: SALARYi=b0+b1EXPERIENCEi+b2SERVICEi+b3INDUSTRIALi+eiSALARY�=�0+�1EXPERIENCE�+�2SERVICE�+�3INDUSTRIAL�+��. Is there enough evidence to support the claim that on average, CEOs in the service sector have lower salaries than CEOs in the financial sector at the 0.010.01 level of significance? If yes, write the regression equation in the spaces provided with answers rounded to two decimal places. Else, select "There is not enough evidence." Copy Data CEO Salaries Salary Experience Service (1 if service sector, 0 otherwise) Industrial (1 if industrial sector, 0 otherwise) Financial (1 if financial sector, 0 otherwise) 144225144225 1010 11 00 00 187765187765 2020 00 00 11 142500142500 66 11 00 00 169650169650 2828 11 00 00 167250167250 3131 00…
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 1 2 3 4 4.5 5 5.5 Overall Grades 98 95 93 90 89 72 69 Table Copy Data Step 2 of 6 : Find the estimated y-intercept. Round your answer to three decimal places.
A financial analyst is examinıng the Pela each the company's current stock price and the company's earnings per share reported for the past 12 months. Her data are given below, with x denoting the earnings per share from the previous year, and y denoting the current stock price (both in dollars). Based on these data, she computes the least-squares regression line to be y = -0.147+0.043x. This line, along with a scatter plot of her data, is shown below. Earnings per Current stock price, y (in dollars) share, x (in dollars) 36.55 1.64 14.18 0.57 41.79 1.37 39.16 1.10 2.5+ 57.70 2.71 26.95 0.90 32.65 1.70 41.94 1.17 52.79 2.56 42.72 2.01 16.89 0.76 22.46 0.58 Earnings per share, x (in dollars) 58.88 2.19 30.13 1.48 50.08 1.73 28.92 0.81 Submit Assi Continue D 2021 McGraw-H Education. All Rights Reserved. Terms of Use Privacy e to search 近 Current stock price, y (in dollars)

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