A statistical analysis on the data from two millions of people in the US has shown that people's educational level is related to their annualincome such that as individuals have higher levels of education, they are likely to have higher incomes. If you perform a regression analysison this data set (X - Level of education; Y - Annual income), what do you expect to find?O a. The regression slope is likely to be positiveO b. The regression slope is likely to be negativeO c. The y-intercept is likely to be positiveOd. The y-intercept is likely to be negative

A simple linear regression line of Y on X can be expressed as : Y=a+bX Where a is called the…

Answered: A statistical analysis on the data from…

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 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 (b) x = 10 wins (c) x = 19 wins (d) x = 15 wins E Click the icon to view the table of numbers of wins and earned run average. The equation of the regression line is y =x+ (Round to two decimal places as needed.) Construct a scatter plot of the data and draw the regression line. Choose the correct graph below. OA. OB. OC. OD. AERA 6- AERA AERA AERA 2- 2- 2- 0- 0- 12 18 24 12 18 24 12 18 24 12 18 24 Wins Wins Wins Wins (a) Predict the ERA for 5 wins, if it is meaningful. Select the correct choice below…
Which of the following situations would have data sets or plots that could have a regression line with a positive slope? Select all that apply. Select all that apply: The cumulative number of ships launched by ship builders as a function of the number of months since the start of the year The number of cars produced as a function of the number of days since the end of the last strike. The total shipping orders that are backlogged as a function of the number of ships in drydock. The number of backorders as a function of the number of assembly workers in a manufacturing company that makes the product.
Bill wants to explore factors affecting work stress. He would like to examine the relationship between age, number of years at the workplace, perceived social support, and work stress. He collects data on the variables from 100 employees (males and females) working in banks. Conduct a multiple regression analysis to answer the following questions: What is the relationship of age, number of years, and social support with work stress? Is the regression significant? If yes, what does it indicate? What is the regression equation for all the predictors? Write a results section based on your analysis that answers the research question. * last person got this wrong*
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 (b) x = 10 wins (c) x = 19 wins (d) x = 15 wins Click the icon to view the table of numbers of wins and earned run average. The equation of the regression line is y = x+. (Round to two decimal places as needed.)
The following multiple linear regression depicts the sales of Unilever Corporation: S = 10- 0.20P + 0.06TA + 0.08RA Where:S: Sales (Unit);P: Price ($/Unit);TA: Television advertising ($)RA: Radio advertising ($). 1. Interpret the slopes;2. Is television advertising more effective than radio advertising? Why or why not?3. What is the effect of a $1 increase in price, a $3 increase in TV advertising, and a $2decrease in radio advertising on sales?4. What is the effect of a $2 decrease in price, a $2 decrease in TV advertising, and a $4increase in radio advertising on sales?
The Core grade point is the eventual dependent variable in a regression analysis. Look at the correlations between all variables. Is multicollinearity likely to be a problem? Why or why not?
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 (c) x = 19 wins (d) x = 15 wins (b)x= 10 wins Click the icon to view the table of numbers of wins and earned run average. .. The equation of the regression line is y=x+ X+ (Round to two decimal places as needed.) Construct a scatter plot of the data and draw the regression line. Choose the correct graph below. OA. B. O C. O D. AERA AERA 6+ Q AERA 6+ 4- 4- 2- 2- 0- 6 12 18 24 0 12 18 24 6 12 18 24 Wins 12 18 24 Wins Wins Wins (a) Predict the ERA for 5 wins, if it is meaningful. Select the correct…
Which of the following situations could produce data sets or plots that could have a regression line with a negative y-intercept? Select all that apply. Select all that apply: The net profit of a company as a function of the number of months since it was founded, where net income is gross income minus expenses. The number of employees of a company as a function of the number of months since it was founded. The cost of a company's flagship product as a function of the number of months since it was founded. The number of franchises of a company as a function of the number of months since it was founded.
Listed below are systolic blood pressure measurements (in mm Hg) obtained from the same woman. Find the regression equation, letting the right arm blood pressure be the predictor (x) variable. Find the best predicted systolic blood pressure in the left arm given that the systolic blood pressure in the right arm is 85 mm Hg. Use a significance level of 0.05. Right Arm 100 99 91 76 76 5 Left Arm 175 170 146 147 146 Click the icon to view the critical values of the Pearson correlation coefficient r The regression equation is y = +x (Round to one decimal place as needed.) Given that the systolic blood pressure in the right arm is 85 mm Hg, the best predicted systolic blood pressure in the left arm is mm Hg. (Round to one decimal place as needed.)
Develop an estimated multiple regression equation that relates risk of a stroke to a person's age, systolic blood pressure and whether the person is a smoker. x1=persons age x2systrolic blood pressure x3=whether person is a smoker or non smoker
Based on the analyst's data and regression line, complete the following. For these data, values for earnings per share that are greater than the mean of the values for earnings per share tend to be paired with current stock prices that are (greater than, lesser than) the mean of the current stock prices. According to the regression equation, for an increase of one dollar in earnings per share, there is a corresponding increase of how many dollars in current stock price?
A real estate analyst believes that the three main factors that influence an apartment's rent in a college town are the number of bedrooms, the number of bathrooms, and the apartment's square footage. For 40 apartments, she collects data on the rent (y, in $), the number of bedrooms (x1), the number of bathrooms (x2), and its square footage (X3). The following table shows a portion of the regression results. ANOVA Significance df SS MS F F gression Residual 3 5694717 1898239 50.88 4.99E-13 36 1343176 37310 Total 39 7037893 Standard Upper 95% Coefficients Error t Stat p-value_Lower 95% Intercept 300 84.0 3.57 0.0010 130.03 470.79 Bed 226 60.3 3.75 0.0006 103.45 348.17 Bath 89 55.9 1.59 0.1195 -24.24 202.77 Sqft 0.2 0.09 2.22 0.0276 0.024 0.39 What would be the rent for a 1000-square-foot apartment that has 2 bedrooms and 2 bathrooms? $840 $1,335 $1,130 $1,260

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