Below is an attempt at describing the simple linear regression model, which is incompleteand contains errors:A simple linear regression model is given by the formula Y;1,..., n, where a and B are the parameters, the x; is the explanatoryvariable and the Y; is the response random variables which are all independentand identically distributed.= a + Bx; foriIdentify and explain the three mistakes that have been made.

Mistake 1: The values of i are considered to be finite till n. Here the value of n is not defined…

Answered: Below is an attempt at describing the…

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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Fourteen hikers were surveyed at Algonquin Park, and asked for how many days have you been hikingand far did your travel in that time? The equation for the linear regression line is y+3x + 10.3 where x is the number of days and y is the distance travelled. Estimate the number of whole days a hiker would need to travel 35KM? Number of days hiked 1 1 2 3 3 5 5 6 7 7 9 10 11 12 Distance Traveled (km) 12 17 18 19 21 23 25 23 30 31 37 39 41 52
The following regression model was estimated. Q is the number of meals served, P is the average price per meal (customer ticket amount, in dollars), Rxis the average price charged by competitors (in dollars), Ad is the local advertising budget for each outlet (in dollars), and I is the average income per household in each outlet's immediate service area. Least squares estimation of the regression equation on the basis of the 25 data observations resulted in the estimated regression coefficients and other statistics given in Table below. Variable Coefficient Standard Error of Coefficient Intercept 128832.240 69974.818 Price (P) Competitor Price (Px) | Advertising (Ad) Income () -19875.954 4100.856 15467.936 459.280 0.261 0.094 8.780 1.017 Coefficient of determination R =83.3% (a) Interpret the coefficients of independent variables. (b) Test the significance of independent variables at 5% level of Significance. (c) Interpret R? with the help of adjusted R2. (d) Test for the overall…
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states, where T is thousands of automatic weapons and y is murders per 100,000 residents. 11.4 8.1 6.7 3.3 2.3 2.6 2.1 0.7 13.6 10.6 9.6 6.9 5.9 6.4 6. 4.9 Use your calculator to determine the equation of the regression line and write it in the y = ar +b form. Round to 2 decimal places. y = .78x +4.39 According to this model, how many murders per 100,000 residents can be expected in a state with 2.1 thousand automatic weapons? Round to 3 decimal places. 5.9 According to this model, how many murders per 100,000 residents can be expected in a state with 7 thousand automatic weapons? Round to 3 decimal places. 9.82
Using 23 observations on each variable, a computer program generated the following multiple regression model. y = 65.5 +9.56x1+3.27x2-4.23x3– 9.23x4 If the standard errors of the coefficients of the independent variables are, respectively, 3.44, 2.30, 2.76, and 4.99, can you conclude that the independent variable x, is needed in the regression model? Let B1, B2, Ba denote the coefficients of the 4 variables in this model, and use a two-sided hypothesis test and significance level of 0.10 to determine your 4 .../ answer. (a) State the null hypothesis H, and the alternative hypothesis H,. H, : 0 H, : 0 (b) Determine the type of test statistic to use. Degrees of freedom: D=0 OSO (c) Find the value of the test statistic. (Round to two or more decimal places.) O#0 OO (d) Find the two critical values at the 0.10 level of significance. (Round to two or more decimal places.) | and || (e) Can you conclude that the independent variable is needed in the regression model? Yes No 미
A set of n = 25 pairs of scores (X and Y values) produces a regression equation Y = 3X – 2. Findthe predicted Y value for each of the following X scores: 0, 1, 3, -2.
Which of the following is true of a linear regression line? a. Located as close as possible to all the points of a scatter chart. B. Is defined by an equation having 2 parameters: the slope and the intercept c. Provides an approximate relationship between the values of two parameters d. All of the above
The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is ModifyingAbove y with caret equals 0.993 x plus 1 comma 195.82y=0.993x+1,195.82. Complete parts (a) and (b) below. New-vehicle sales left parenthesis Company Upper A right parenthesis comma x(Company A), x 4 comma 1674,167 3 comma 8823,882 3 comma 5693,569 3 comma 4433,443 3 comma 2993,299 3 comma 1173,117 2 comma 8372,837 2 comma 4982,498 1 comma 9401,940 2 comma 0842,084 New-vehicle sales left parenthesis Company Upper B right parenthesis comma y(Company B), y 4 comma 9204,920 4 comma 8444,844 4 comma 8374,837 4 comma 7104,710 4 comma 6754,675 4 comma 4284,428 4 comma 6604,660 3 comma 8323,832 2 comma 9272,927 2 comma 7532,753 Question content area bottom Part 1 (a) Find the coefficient of determination and interpret the result.…
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states, where xx is thousands of automatic weapons and yy is murders per 100,000 residents. xx 11.5 8.5 6.7 3.5 2.9 2.7 2.7 0.9 yy 14.1 11 10 7.3 6.7 6.4 6.4 4.7 Use your calculator to determine the equation of the regression line and write it in the y=ax+by=ax+b form. Round to 2 decimal places. According to this model, how many murders per 100,000 residents can be expected in a state with 10.2 thousand automatic weapons? Round to 3 decimal places. According to this model, how many murders per 100,000 residents can be expected in a state with 5.8 thousand automatic weapons? Round to 3 decimal places.
How is the Polynomial Regression model different from the Simple Linear Regression and Multiple Linear Regression models? Select an answer: a. The independent variables are categorical instead of numerical. b. There are multiple dependent variables instead of just one. c. The independent variable is raised to a higher power (squared, cubed, etc.). d. The dependent variable is raised to a higher power (squared, cubed, etc.).
In the graph shown below consider the horizontal line to represent the average y value for the data set and the slant line to represent the linear regression equation. use only the graph of the data to do the following:

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