A student working on a summer internship in the economic research office of a large corporation, studied the relation betweensales of a product (in million dollars) and population in the firm's 50 marketing districts. The computer output appears below:T VALUEPARAMETERSTD ERRORPR >T7.4110.002INTERCEPT1.98022.1756POPULATION0.75500.21920.10430.018The fitted regression line is:OY= 0.755 +7.411XOY= 7.411+0.755XO Y = 2.1756 + 0.1043XOY=7.411+ 7.55X

The general linear regression equation is shown below:

Answered: A student working on a summer…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

You are given the following data, where X1 (final percentage in math class) and X2 (number of absences) are used to predict Y (standardized math test score in third grade): Y X1 X2 345 70 390 80 1 370 75 4 375 92 400 82 350 70 3 310 61 5 420 80 375 88 3 410 72 1 485 99 300 65 7 Determine the following multiple regression values. Report intercept and slopes for regression equation accurate to 3 decimal places: Intercept: a = Partial slope X1: bị = Partial slope X2: bz = Report sum of squares accurate to 3 decimal places: SSreg Test the significance of the overall regression model (report F-ratio accurate to 3 decimal places and P-value accurate to 4 decimal places): F-ratio = P-value = Report the variance of the residuals accurate to 3 decimal places: Sres = Report the results for the hypothesis test for the significance of the partial slope for final percentage in math class (report the test statistic for the regression coefficients accurate to 3 decimal places and P-value accurate to…
Q) Plot the relationship between total operating costs and machine hours. Draw the regression line.
The local utility company surveys 12 randomly selected customers. For each survey participant, the company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from a regression analysis appears below: Bill 13.45 + 4.39*Size Coefficients Estimate Std. Error (Intercept) 13.45 Size 4.39 0.54 0.2 We are 90% confident that the mean annual electric bill increases by between dollars and dollars for every additional square foot in home size. Round your answers to three decimal places and enter in increasing order.
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 80 mm Hg. Use a significance level of 0.05. Right Arm 100 99 93 77 77 Q Left Arm 174 168 148 148 146 Click the icon to view the critical values of the Pearson correlation coefficient r The regression equation is ŷ=+x. (Round to one decimal place as needed.) mm Hg. Given that the systolic blood pressure in the right arm is 80 mm Hg, the best predicted systolic blood pressure in the left arm is (Round to one decimal place as needed.) Data table Critical Values of the Pearson Correlation Coefficient r α = 0.05 α = 0.01 0.950 0.990 0.959 0.878 0.811 0.917 0.754 0.875 0.707 0.834 0.666 0.798 0.632 0.765 0.602 0.735 0.576 0.708 0.553 0.684 0.532 0.661 0.514 0.641 0.497 0.623 0.482…
The following table contains ACT scores and the GPA for eight college students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand. Report the intercept and slope estimates: Student 1 2 3 4 5 6 7 8 GPA 2.8 3.4 3.0 3.5 3.6 3.0 2.7 3.7 ŷ₁ =B₁ + B₁x₁ ACT 21 24 26 27 29 25 25 30 y X ŷ₁
An automobile rental company wants to predict the yearly maintenance expense (Y) for an automobile using the number of miles driven during the year () and the age of the car (, in years) at the beginning of the year. The company has gathered the data on 10 automobiles and run a regression analysis with the results shown below:. Summary measures Multiple R 0.9689 R-Square 0.9387 Adj R-Square 0.9212 StErr of Estimate 72.218 Regression coefficients Coefficient Std Err t-value p-value Constant 33.796 48.181 0.7014 0.5057 Miles Driven 0.0549 0.0191 2.8666 0.0241 Age of car 21.467 20.573 1.0434 0.3314 Use the information above to estimate the annual maintenance expense for a 10 years old car with 60,000 miles.
For the house sales data in Table 9.4, Table 9.12 shows a regression analysis relating selling price to number of bedrooms. What is the linear relationship between selling price and number of bedrooms? Variable price bedrooms Sum of Source DF Squares Model 1.575534E+11 1 Error 98 8.575962E+11 Total 99 1.01515E+12 Variable Intercept bedrooms O positive 4 O negative N Mean 100 155331 100 3.000 O no relationship TABLE 9.12 Root MSE 93547 R-Square 0.1552 Parameter Estimate -28412 61248 Std Dev 101262.2 0.651339 Mean Square 1.575534E+11 8750981211 Standard Error 44303 14435 t -0.64 4.24 Sig. 0.5228 <.0001

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS