An economist wants to determine whether there is a linear relationshipbetween a country's gross domestic product (GDP) and carbon dioxideemissions. The data are shown in the table below.a. Find the equation of the regression line.b. Estimate the amount of carbon dioxide emissions of a country with a GDP of 2.5 trillion dollars.c. Compute and interpret the correlation coefficient.Hint: Your conclusion is either of the following.• There is a significant linear relationship between a country's gross domestic product (GDP) andcarbon dioxide emissions.• There is no significant linear relationship between a country's gross domestic product (GDP)and carbon dioxide emissions.GDP1.6 3.64.91.10.9 2.9 2.72.31.61.5(trillion dollars)Carbon DioxideEmissions428.2 828.8 1214.2 444.6 264 415.3 571.8 454.9 358.7 573.5(millions ofmetric tons)

The data on country's gross domestic product (GDP) (trillion dollars) and carbon dioxide emissions…

Answered: An economist wants to determine whether…

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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A. run a simple regression- dependent variable is Weeks, independent variable is Age. B. run a multiple regression with dependent variable weeks and independent variable-age, married, head, manager and sales. C. Create the regular and standardized residual plots for both. Please show the tables when entering values of the regression for both the outputs and the scatter plots.
The value of a sports franchise is directly related to the amount of revenue that a franchise can generate. Below is the data that represents the value (in $millions) and the annual revenue (in $millions) for 30 Major League Baseball franchises. Suppose you want to develop a simple linear regression model to predict franchise value based on annual revenue generated. Team Revenue Value Baltimore 179 460 Boston 310 1000 Chicago White Sox 214 600 Cleveland 178 410 Detroit 217 478 Kansas City 161 354 Los Angeles Angels 226 656 Minnesota 213 510 New York Yankees 439 1850 Oakland 160 321 Seattle 210 585 Tampa Bay 161 323 Texas 233 674 Toronto 188 413 Arizona 186 447 Atlanta 203 508 Chicago Cubs 266 879 Cincinnati 185 424 Colorado 193 464 Houston 196 549 Los Angeles 230 1400 Miami 148 450 Milwaukee 195…
. Determine the regression equation using values you create for x and y for at least 10 pairs of data. Show the regression equation, correlation coefficient, and coefficient of determination. Then switch the x and y values for each data point. Based on that, again show the regression equation, correlation coefficient, and coefficient of determination. Discuss the similarities and differences between the results.
The datasetBody.xlsgives the percent of weight made up of body fat for 100 men as well as other variables such as Age, Weight (lb), Height (in), and circumference (cm) measurements for the Neck, Chest, Abdomen, Ankle, Biceps, and Wrist. We are interested in predicting body fat based on abdomen circumference. Find the equation of the regression line relating to body fat and abdomen circumference. Make a scatter-plot with a regression line. What body fat percent does the line predict for a person with an abdomen circumference of 110 cm? One of the men in the study had an abdomen circumference of 92.4 cm and a body fat of 22.5 percent. Find the residual that corresponds to this observation. Bodyfat Abdomen 32.3 115.6 22.5 92.4 22 86 12.3 85.2 20.5 95.6 22.6 100 28.7 103.1 21.3 89.6 29.9 110.3 21.3 100.5 29.9 100.5 20.4 98.9 16.9 90.3 14.7 83.3 10.8 73.7 26.7 94.9 11.3 86.7 18.1 87.5 8.8 82.8 11.8 83.3 11 83.6 14.9 87 31.9 108.5 17.3…
Two variables have a positive linear correlation. Is the slope of the regression line for the variables positive or negative? A. The slope is negative. As the independent variable increases the dependent variable also tends to increase. B. The slope is negative. As the independent variable increases the dependent variable tends to decrease. C. The slope is positive. As the independent variable increases the dependent variable also tends to increase. D. The slope is positive. As the independent variable increases the dependent variable tends to decrease.
Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $120 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions 40 20 118 67 71 48 119 62 8. 64 128 18 11 147 4 O 115 21 112 67 120 119 93 102 51 114 219 34 11 287 43 Click the icon to view the critical values of the Pearson correlation coefficient r. В... The regression equation is y =+x. (Round to one decimal place as needed.)
2. Following data is amount of Assessed Value for an office building for a given floor area, number of office space, number of entrances, and the age of the offic building. Use excel to …. Obtain a Scatter plot of Floor Area as the independent and Assessed value as the dependent variable. Note the linear regression Model Predict the assessed value for 6000 sq ft. FloorArea (Sq.Ft.) Offices Entrances Age AssessedValue ($'000) 4790 4 2 8 1796 4720 3 2 12 1544 5940 4 2 2 2094 5720 4 2 34 1968 3660 3 2 38 1567 5000 4 2 31 1878 2990 2 1 19 949 2610 2 1 48 910 5650 4 2 42 1774 3570 2 1 4 1187 2930 3 2 15 1113 1280 2 1 31 671 4880 3 2 42 1678 1620 1 2 35 710 1820 2 1 17 678 4530 2 2 5 1585 2570 2 1 13 842 4690 2 2 45 1539 1280 1 1 45 433…
5. The table below shows varying prices of music sold on a streaming service. Determine the linear regression to estimate the weekly sales of albums sold, use your regression to estimate the weekly sales if the price is $9 per album, and state the correlation coefficient, r, and interpret its meaning in the context of this problem. Price ($) Weekly sales (in thousands) $8 440 $8.50 380 $10 $11.50 250 180
The following chart shows the actual sales for the last 12 months for a given company. Assume that sales are best fit by a linear trend and you can use single linear regression to set up a forecasting model. Using the sales data answer below questions (justify your answers): A.What would be the typical linear regression equation for the number of sales? B.Make the sales forecast for period 15 of next year. C. Make the sales forecast for period 17 of next year. D. What is the standard error for the data?
15. Listed below are paired data consisting of movie budget amounts and the amounts that the movies grossed. Find the regression equation, letting the budget be the predictor (x) variable. Find the best predicted amount that a movie will gross if its budget is $115 million. Use a significance level of a = 0.05. Budget ($)in Millions Gross ($) in Millions %3D 39 23 117 70 70 49 122 62 64 122 20 11 149 111 18 104 68 129 116 98 95 60 113 208 40 22 288 48 8. Click the icon to view the critical values of the Pearson correlation coefficient r. The regression equation is y = (Round to one decimal place as needed.) х. The best predicted gross for a movie with a $115 million budget is $ million. (Round to one decimal place as needed.)
A researcher that there is a linear association between the level of potassium content (y) in milligrams and the amount of fiber (x) in grams in cereal. The regression line for the data is computed to y=37+28x rate. It was also computed that r=.59 A. What does the value . 59 tell you? B. What does the value 37 tell you? C. What does the value 28 tell you ? 2. For the line in question 1 what percentage of variability in potassium can be explained by variability in fiber?
9. Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The caloric content and the sodium content (in milligrams) for 6 beef hot dogs are shown in the table below. Calories, x Sodium, y 160 130 330 120 70 190 (a) x = 170 calories (c) x = 150 calories 180 (b) x = 80 calories 420 470 360 250 530 (d) x = 210 calories Find the regression equation. x+( (Round to three decimal places as needed.) y = Choose the correct graph below. OA. О В. OC. OD. 560- 560 560 560- 200 G 0IN T> 200 200 Calories Calories Calories Calories (a) Predict the value of y for x = 170. Choose the correct answer below. O A. 411.632 O B. 543.752 O C. 455.672 O D. not meaningful (b) Predict the value of y for x = 80. Choose the correct answer below. O A. 411.632 О В. 257.492 O C.…

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