An Internet retaler would like to investigate the relationship between the amount of time in minutes a purchaser spends on its Web site and Timethe amount of money he or she spends on an order. The table to the right shows the data from a random sample of 12 customersConstruct a 90% confidence interval for the regression slopeOrder Size$69TimeOrder Size$54$362171326223.15$22$9639536$198S49$35$126$156$71$251226.Construct a S0% contidence interval for the siopeLCL and UCL-(Round to three decimal places as needed.)

Use EXCEL to obtain the regression equation. EXCEL procedure: Go to EXCEL Go to Data>Data…

Answered: An intemet retaler would e to…

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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The following table shows the starting salary and profile of a sample of 10 employees in a certain call center agency. Run a multiple regression analysis with starting salary as the dependent variable (pesos) and GPA, years of experience and civil service ratings as the independent variables. Use .05 level of significance. starting salary GPA Years of experience Civil Service Ratings 15000 80.1 1 79.5 15000 81.2 1 78.0 15500 81.3 2 79.0 16000 82.4 3 80.0 16200 83.4 3 85.0 17500 87.9 4 89.9 18000 90.3 5 89.1 16300 84.2 3 84.1 17000 87.0 4 89.0 17900 88.1 5 89.2 In the ANOVA F test output, what is the computed F and the conclusion of the test regarding the overall significance of the model?
The table below gives the list price and the number of bids received for five randomly selected items sold through online auctions. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Price in Dollars 124 143 158 160 196 Number of Bids 12 13 15 16 20 Table Step 2 of 6 : Find the estimated y-intercept. Round your answer to three decimal places.
In this question, we investigate the relationship between the top (maximum) speed (mph) and maximum height for a random sample of roller coasters in the United States. Here is the scatterplot and a summary of the simple linear regression model. Construct a 95% confidence interval for the true slope of the regression line and interpret your confidence interval in context.
Carefully read the description of the following two studies (A and B). For each study answer the following questions: Should a correlation analysis or multiple regression be used to analyze the results. Describe the basis for your answer – why did you select this test. Study A Dr. Banner want to determine whether his patients’ age is a factor in compliance with dialysis. He hypothesizes that older patients will be less compliant with dialysis. In other words, he believes the older the patient the more dialysis appointment they miss. Study B Dr. Banner’s intern does not agree. She believes there are other factors, along with age, that influence compliance such as race anxiety and mistrust of health care, side effects of treatment and issues related to culture. She wants to know who much each of these factors contribute to non-compliance.
The table below gives the list price and the number of bids received for five randomly selected items sold through online auctions. Using this data, consider the equation of the regression line, y = bo + b₁x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, In practice, It would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Price in Dollars 23 26 37 41 47 Number of Bids 1 2 4 5 6 Step 1 of 6: Find the estimated slope. Round your answer to three decimal places. Table Copy Data >
You plan to fit a regression model that will be used to predict first-year college GPA (FYGPA) from high-school GPA (HSGPA), ACT score (ACT), first-generation status (Yes or No), socioeconomic class (lower class, lower to middle class, middle to upper class, and upper class), and school type (public or private). What is the total number of estimated regression coefficients? If the sample size is n = 250 students, what are the degrees of freedom for the following sources of variation: Regression Error Total
The following regression is fitted using variables identified that could be related to student requestedloan amount, LOAN-AMT($) for returning students of a certain University. ????−??? = ? + ? ?????? + ? ???? + ? ????Where ACCEPT = the percentage of applicants that was accepted by the university, PREV = previous loan amount and OUTS =outstanding loan amountThe data was processed using MNITAB and the following is an extract of the output obtained:EXHIBIT 2Predictor Coef StDev T PConstant -26780 6115 * 0.000ACCEPT 116.00 37.17 3.14 0.003PREV -4.21 14.12 -0.30 **OUTS 70.85 15.77 4.49 0.000S = 2685 R-Sq = 69.6% R-Sq(adj) = 67.7%Analysis of VarianceSource DF SS MS F PRegression 3 808139371 269379790 37.37 0.00Residual Error 49 353193051 7208021Total 52 1161332421a)What is dependent and independent variables? b)Fully write out the regression equation c)What is the sample size used in this investigation? d)Fill in the blanks identified by ‘*’ and ‘**’. e)Is β significant, at the 5% level of…
The table below gives the list price and the number of bids received for five randomly selected items sold through online auctions. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Price in Dollars 20 23 26 28 48 Number of Bids 1 4 6 7 9 Step 1 of 6: Find the estimated slope. Round your answer to three decimal places. Step 2 of 6: Find the estimated y-intercept. Round your answer to three decimal places. Step 3 of 6: According to the estimated linear model, if the value of the independent variable is increased by one unit, then the change in the dependent variable y^ is given by? Step 4 of 6:…
A study of elementary school children, ages 6 to 11, finds a high positive correlation between shoe size x and score y on a test of reading comprehension. The observed correlation is most likely due to: the effect of a lurking variable, such as age or years of reading experience. a mistake, because the correlation must be negative. cause and effect (larger shoe size causes higher reading comprehension). reverse cause and effect (higher reading comprehension causes larger shoe size).
The value of PRESS for five different regression models are A = 42.3, B = 47.4, C = 51.5, D =40.6, and E = 54.6. Based only on this statistic, which model is preferred?
In a study of the stability of IQ scores, a large group of individuals is tested once at age 18 and again at age 35. The following results are obtained. At age 18: average score = 100, SD = 15 At age 35: average score = 100, SD = 15 The correlation coefficient between scores at age 18 and 35 is 0.80 and the scatter plot is football shaped. What percent of the individuals with a score of 115 at age 18 score more than 100 at age 35? Fill in the blank with a number between 0 and 100 to represent the percentage. (Do not enter the % sign.) Don't worry about rounding; any correctly rounded answer will receive full credit.
The table below gives the list price and the number of bids received for five randomly selected items sold through online auctions. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Price in Dollars 102 137 139 171 186 Number of Bids 10 11 16 17 20 Table Step 6 of 6 : Find the value of the coefficient of determination. Round your answer to three decimal places.

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