At the right is the computer outputfor a regression analysis involvingstarting salary (in $1,000) andcollege GPA.What is the equation for the leastsquares regression line?(A) GPA -0.734 +11.82(Salary)(B) Salary -0.734 +11.82(GPA)Variable Coef s.e.PConstant -0.73391 5.744 -0.128 0.9015OPA11.8204 1.040 6.4 0.00023.772 R-sq=83.5% R-sq(adj)=81.6%Source df SSMS FRegression 1581.790 501.798 40.9Residual 8 113.802 14.2252=(C) GPA 0.9015+ 0.0002(Salary)-(D) Salary 5.744 +1.848(GPA)(E) Salary 1.848 +11.82(GPA)

The objective of the question is to determine the equation for the least squares regression line…

Answered: At the right is the computer output for…

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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b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive ✔✔✔ linear relationship between the hotel room rate and the amount spent on entertainment. c. Develop the least squares estimated regression equation. Entertainment = 18.2594 X + 1.0272 Room Rate (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation (to 3 decimals). The slope of the estimated regression line is approximately 1.027 So, for every dollar increase ♥ e. The average room rate in Chicago is $128, considerably higher than the U.S. average. Predict the entertainment expense per day for Chicago (to whole number). $ 150 in the hotel room rate the amount spent on entertainment increases by $1.027
Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and y-intercept to at least four decimal places.
(4) Does how wide a possum's belly is (in cm) tell you how long a possum's tail is (in cm)? That's what re- searchers in Australia wanted to know. They built a simple linear regression model treating X as the possum's belly girth and Y as the possum's tail length. Below and at the top of the next page are all the results you will need to answer the ensuing questions, including: ● The straight line of best fit: ŷ = 30.2 + .21x • The correlation between the observed y and predicted ŷ: ry,ŷ .294 • At the top of the next page are three residual plots: (a) the plot of belly girth vs. the residuals, (b) the plot of the residuals in order of collection, (c) the histogram of the residuals = These are real data (source) consisting of measurements on each of 104 mountain brushtail possums, trapped at seven sites from Southern Victoria to central Queensland, Australia.
Which of the following is the slope of the regression line for your data on the number server users x (employee) against the amount of memory storage used y (GB) for a computer server in an IT company for a day? a. 0.17 b. -0.17 c. 0.43 d. -0.43
Multiple regression analysis was used to study how an individual's income (Y in thousands of dollars) is influenced by age (X1 in years), level of education (X2 ranging from 1 to 5), and the person's gender (X3 where 0 =female and 1=male). The following is a partial result of computer output that was used on a sample of 20 individuals. Present the estimated regression equation and compute the coefficient of determination. Explain it. Use the t test to determine the significance of each independent variable. Let α = 0.05. (For each test, give the null and alternative hypotheses, test statistic, and conclusion.) Use the F test to determine whether or not the regression model is significant. Let α = 0.05. (For the test, give the null and alternative hypotheses, test statistic, and conclusion.) Does the estimated regression equation provide a good fit for the observed data? Explain it. Suppose a new person with X1=40, X2=4, X3=0. Use the estimated regression equation in part (a)…
Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and -intercept to at least four decimal places.
Plzzz explain
The accompanying data are the shoe sizes and heights (in inches) of 14 men. Find the equation of the regression line. Then construct a scatter plot of the data and draw the regression line. Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. If the x-value is not meaningful to predict the value of y, explain why not. (a) x=11.5 (b) x=8.0 (c) x=15.5 (d) x= Shoe Size, x Height, y8.5 66.09.0 69.09.0 67.59.5 70.510.0 70.510.0 72.010.5 71.510.5 70.011.0 71.011.0 71.511.0 73.012.0 73.012.0 74.012.5 73.5 The equation of the regression line is y= ____x +____
The scatter plot below shows the average cost of a designer jacket in a sample of years between 2000 and 2015. The least squares regression line modeling this data is given by yˆ=−4815+3.765x. A scatterplot has a horizontal axis labeled Year from 2005 to 2015 in increments of 5 and a vertical axis labeled Price ($) from 2660 to 2780 in increments of 20. The following points are plotted: (2003, 2736); (2004, 2715); (2007, 2675); (2009, 2719); (2013, 270). All coordinates are approximate. Interpret the slope of the least squares regression line. Select the correct answer below: 1.The average cost of a designer jacket decreased by $3.765 each year between 2000 and 2015. 2.The average cost of a designer jacket increased by $3.765 each year between 2000 and 2015. 3.The average cost of a designer jacket decreased by $4815 each year between 2000 and 2015. 4. The average cost of a designer jacket increased by $4815 each year between 2000 and…
The table shows the number of goals allowed and the total points earned (2 points for a win, and 1 point for an overtime or shootout loss) by 14 ice hockey teams over the course of a season. The equation of the regression line is ŷ= -0.556x+217.766. Use the data to answer the following questions. (a) Find the coefficient of determination, 12, and interpret the result. (b) Find the standard error of the estimate, Se, and interpret the result. 213 213 223 226 259 266 281 202 210 205 226 207 259 239 D Goals Allowed, x Points, y 109 109 102 91 88 80 52 105 107 98 95 85 68 66 (a)² = (Round to three decimal places as needed.) Interpret the coefficient of determination. Select the correct choice below and fill in the answer box to complete your choice. (Round to one decimal place as needed.) OA. About OB. About (b) Se = % of the variation in points earned can be explained by the relationship between number of goals allowed and points earned. The remaining variation is unexplained. % of the…
Below is some of the regression output from a regression of the amount various customers paid for a new car (expressed in dollars) versus the age of the customer (expressed in years), the number of previous cars the customer had purchased from the dealership in the past, a dummy variable indicating the gender of the customer (=1 for a Man and = 0 for a woman), and an interactive term the multiplies the age of the customer with the gender dummy variable. Regression Statistics Multiple R 0.963 R Square Adjusted R Square Standard Error Observations 20 ANOVA df SS MS F Significance F Regression 24686354.49 6171589 47.8 2.3289E-08 Residual 129243 Total 26625000…
The owner of Showtime Movie Theatres Inc. would like to predict weekly gross revenue as a function of advertising expenditures. Use 0.05 level of significance.Historical data for a sample of eight weeks follow: Weekly Gross Renvenue Telelvision Newspaper Adveritising ($1000s) Adveritising a) Develop an estimated regression equation to predict weekly gross revenue as a function of advertising expenditures. ($1000s) ($1000s) 96 5.0 1.5 90 20 2.0 b) Explain in simg when 1000s are spent on television and newspaper then the revenue will in 95 4.0 1.5 92 2.5 2.5 c) Predict weekly 95 3.0 3,3 94 3.5 2.3 d) What is the R2 value? 0.9190 94 2.5 4.2 94 3.0 2.5 e) What is the Hypothesis Test? Use the t test to determine the significance of each independent variable. State the t test, p-values, and your conclusion. g) What is the cor Reject Ho SUMMARY OUTPUT pression Statstica Mutiple R 0.958663444 0.9190356 R Square 0.88664984 Adusted R Square Standard Eror 0.642587303 Obervations ANOVA Syaicance…

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