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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A random sample of 19 companies from the Forbes 500 list was selected, and the relationship between sales, in hundreds of thousands of dollars, and profits, in hundreds of thousands of dollars, was investigated by regression. The simple linear regression model displayed was used: profits = a + B (sales), where the deviations were assumed to be independent and Normally distributed, with mean 0 and standard deviation o. This model was fit to the data using the method of least squares. The results displayed were obtained from statistical software. 2 = 0.662 S = 466.2 Parameter Std. err. of Parameter estimate parameter est. -176.644 61.16 0.092498 0.0075 Suppose the researchers test the hypotheses Ho: P = 0, II, : A > 0. The P-value of the test is: less than 0.01. between 0.05 and 0.01. O between 0.10 and 0.05. greater than 0.10. hp
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 sample contains the scores of 6 students selected at random in Mathematics and English. Use the scores in English as the dependent variable Y. Mathematics score (X) 70 92 80 74 65 83 English score (Y) 74 84 63 87 78 90 ∑x=464, ∑y=476,∑x^2=36354,∑y^2=38254, ∑xy=36926. Estimate the regression parameters and also write the prediction equation.
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
An automotive engineer computed a least-squares regression line for predicting the gas mileage (mpg) of a certain vehicle from its speed in mph. The results are presented in the following Excel output: What is the regression equation? Intercept Speed R-Sq Coefficients 40.69 -0.22 0.588. Og = 40.69 0.22X Oy = 40.69 0.588X Oŷ = 0.22 + 40.69X Oy = 0.588 0.22X
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…
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)
A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year tuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The least squares equation was found Y; = -13258.594 + 2.422X;, where X; is the program per-year tuition and Y; is the predicted mean starting salary. To perform a residual analysis for these data, the following results are obtained. of regression have been seriously violated. Residual index plot QQ Plot of Residuals Residuals Residuals 20000- 20000 0. -20000 -20000 a) To evaluate whether the assumption of linearity has been violated, which of the following graph shou be examined? A. Predicted Values vs. Residuals B. Residual index plot C. QQ plot of residuals D. Residuals vs. Progrm Per-Year Tuition ($) b) To evaluate whether the assumption of normality has been violated, which of the following graph…
A year-long fitness center study sought to determine if there is a relationship between the amount of muscle mass gained y(kilograms) and the weekly time spent working out under the guidance of a trainer x(minutes). The resulting least-squares regression line for the study is y=2.04 + 0.12x A) predictions using this equation will be fairly good since about 95% of the variation in muscle mass can be explained by the linear relationship with time spent working out. B)Predictions using this equation will be faily good since about 90.25% of the variation in muscle mass can be explained by the linear relationship with time spent working out C)Predictions using this equation will be fairly poor since only about 95% of the variation in muscle mass can be explained by the linear relationship with time spent working out D) Predictions using this equation will be fairly poor since only about 90.25% of the variation in muscle mass can be explained by the linear relationship with time spent…

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