Alumni Contributions The director of an alumni association for a small college wants to determine whether there is any type of relationship between the amount of an alumnus's contribution (in dollars) and the number of years the alumnus has been out of school. The data follow. The regression line equation is =y′−465.24448.008x . The correlation coefficient is =r−0.879 . Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume =α0.05 . Years, x 1 7 3 6 10 Contribution, y 500 100 300 50 80 Chose the best option for the given data. A) The standard error of the estimate should not be calculated B) The standard error of the estimate should be calculated S est =
Alumni Contributions The director of an alumni association for a small college wants to determine whether there is any type of relationship between the amount of an alumnus's contribution (in dollars) and the number of years the alumnus has been out of school. The data follow. The regression line equation is =y′−465.24448.008x . The correlation coefficient is =r−0.879 . Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume =α0.05 . Years, x 1 7 3 6 10 Contribution, y 500 100 300 50 80 Chose the best option for the given data. A) The standard error of the estimate should not be calculated B) The standard error of the estimate should be calculated S est =
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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Alumni Contributions The director of an alumni association for a small college wants to determine whether there is any type of relationship between the amount of an alumnus's contribution (in dollars) and the number of years the alumnus has been out of school. The data follow. The regression line equation is
=y′−465.24448.008x
. The
=r−0.879
. Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume
=α0.05
.
| Years,
x
|
1
|
7
|
3
|
6
|
10
|
|---|---|---|---|---|---|
| Contribution,
y
|
500
|
100
|
300
|
50
|
80
|
Chose the best option for the given data.
A) The standard error of the estimate should not be calculated
B) The standard error of the estimate should be calculated
S
est =
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