A study was conducted to assess the relationship between students’s score in final exam (y) and number of hours spent for exam (x) in each day. Data on a random sample 20 students were obtained and a regression model was estimated; and the least squares estimates obtained are: intercept a=28.5 and slope b=4.3 with SE(b)=Sb=0.017. The SS are: TSS=2540 and ESS=850. ****** QA) What is the difference between exam score obtained by two students one who studied 5 hours and the other who studied 9 hours per day. QB) In the above Question 1, find 95% CI for the slope and interpret it. In the above Question 1, find and interpret the coefficient of determination (r-square value).
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
A study was conducted to assess the relationship between students’s score in final exam (y) and number of hours spent for exam (x) in each day. Data on a random sample 20 students were obtained and a regression model was estimated; and the least squares estimates obtained are: intercept a=28.5 and slope b=4.3 with SE(b)=Sb=0.017. The SS are: TSS=2540 and ESS=850. ******
- QA) What is the difference between exam score obtained by two students one who studied 5 hours and the other who studied 9 hours per day.
- QB) In the above Question 1, find 95% CI for the slope and interpret it.
- In the above Question 1, find and interpret the coefficient of determination (r-square value).
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