a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values **', ***, and
a) What is dependent and independent variables? b) Fully write out the regression equation c) Fill in the missing values **', ***, and
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question
Answer from A to C
Also, please use the Statistical tables provided

Transcribed Image Text:Probability
Poisson distribution
P(A or B) = P(A) + P(B) – P(A and B)
P(A and B) = P(A) x P(B) for independent events
X- Po(A)
P(A and B) = P(A) x P(B|A) for dependent events
P(X - x) = **
x!
P(A and B)
P(B|A) =
P(A)
Confidence Interval
Normal Distribution
1. z-confidence
interval:
X- N(4, ơ)
X-u
2. t-confidence
interval:
1. Standard normal: Z -
(df -n-1)
3. Confidence interval
for proportion:
P(1 – P)
n
Sampling Distribution
1. 4 =4
2.
Test Statistics
X-4
1. z-test for p : 2=
3.
X - µ
2.
t-test for u: t =
(d.f. = n-1)
S/ Vn
Discrete Probability Distribution
3. z-test forp: z-
» np 2 5
1. EÇX) = µ, = Ex,P,
P(1 - P),
and np z 5 (where q = 1-p)
Var(X) = o = 2(x, -4,)°p,
%3D
%3D
4. Chi-square test statistic = y0- E)
(0-E)
Binomial Distribution
Σ
X- Bin(n, p)
n-k
P(X - k) -
P" (1-
n!
p (1-
n-k
k!(n -k)!

Transcribed Image Text:Question 4
Beachcomber Ltd in a local car dealership that sells used and new vehicles. The manager of the
company wants to know how different variables affect the sales of his vehicles. A random sample of
yearly data was taken with the view to testing the model:
SALĖS-a+BAGE+YMIL+8ENG
Where SALES= amount that a vehicle is sold for($000's), AGE = age of the vehicle, MIL= the total
mileage of the vehicle at the point of sale and ENG = the size of the engine. The sample of data was
processed using MINITAB and the following is an extract of the output obtained:
The regression equation is *****
Predictor
Coef
StDev
t-ratio
p-value
Constant
1.7586
0.2525
6.9648
0.0000
AGE
0.2124
0.3175
0.5042
MIL
-0.7527
0.3586
-2.0991
ENG
4.8124
0.6196
7.7664
0.0000
Analysis of Variance
Source
DF
MS
F
Regression
3
413.1291
138.7097
+**
0.00
Error
50
457.7607
2.2888
Total
53
a) What is dependent and independent variables?
b) Fully write out the regression equation
c) Fill in the missing values ***, ****, and **
d) Hence test whether 8 is significant. Give reasons for your answer.
e) Perform the F Test making sure to state the null and alternative hypothesis.
f) Given an interpretation of the term "R-sq" and comment on its value.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.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