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- Use a linear approximation to estimate (1.03) ³ (-1.01) ² Compute the percentage error: %A patient is classified as having gestational diabetes if their average glucose level is above 140 milligrams per deciliter (mg/dl) one hour after a sugary drink is ingested. Rebecca's doctor is concerned that she may suffer from gestational diabetes. There is variation both in the actual glucose level and in the blood test that measures the level. Rebecca's measured glucose level one hour after ingesting the sugary drink varies according to the Normal distribution with μ=140+5 mg/dl and σ=5+1 mg/dl. Using the Central Limit Theorem, determine the probability of Rebecca being diagnosed with gestational diabetes if her glucose level is measured: Once? n=5+2 times n=5+4 times Comment on the relationship between the probabilities observed in (a), (b), and (c). Explain, using concepts from lecture why this occurs and what it means in context.A linear regression model is designed to predict service charges by a bank (in dollars per month) based on sales revenues of 26 companies who use the services (in millions of dollars). Partial output from Excel gives ŷ = -5428 + 32.756x,, with SSE = 117600, and the p-value = 0.04022 for the estimated slope. Interpret the standard error of the estimate. A B E Approximately 95% of the observed service charges fall within $117600 of the least squares line None of the suggested answers are correct For every $1 million increase in sales revenue, we expect a service charge to increase by $117600 Approximately 96% of the observed service charges fall within $140 of the least squares line. Approximately 95% of the observed service charges equal their corresponding predicted values
- A study was conducted to determine the relationship between starting salaries (RM thousands) for recent statistics graduates and their grade point averages in the major course. A linear regression model was fitted to the data and the estimates regression function was obtained. Part of the computer output for the above analysis is given below: ANOVA Model Sum of df Mean F Sig. Squares Square Regression 147.28 .000 Error 734.9 40.828 Total 6748.2 Coefficients Unstandardized Coefficients Model Sig. Std. B Error Constant GPA -8.42 3.007 3.395 0.2477 -2.48 12.14 0.011 0.000 (a) Complete the ANOVA table (blue boxes). (b) Write down the estimated regression function. Interpret the estimated parameters. (c) Test whether there is a linear association between salaries and grade point average. Use a = 0.05. (d) Determine the coefficient of determination for the model and interpret its meaning.Please do & explain with steps: Subparts e f & g please & thank uUse the Stata output below. The data comes from students in an undergraduate economics course. The regression of interest is: final =B₁ + B₁ atndrte + ß₂hwrte + ¸priGPA+ ¹ ACT .reg final atndrte hwrte priGPA ACT Source Model 3094.70776 11929.9465 Residual Total final SS atndrte hwrte priGPA ACT _cons 15024.6543 df 773.676939 4 669 17.832506 MS 673 22.324895 Coef. Std. Err. .0138725 .0183476 .010863 1.906347 .3750236 .3990516 .0535332 9.225908 1.46863 Number of obs F(4, 669) Prob > F R-squared Adj R-squared Root MSE t P>|t| ||||||||||||| 674 [95% Conf. Interval] Approximate the p-value from the null hypothesis that all of the slope parameters are equal to zero.
- Adriel decides to research the relationship between the length in inches and the weight of a certain species of catfish. He measures the length and weight of a number of specimens he catches then throws back into the water. After plotting all his data, he draws a line of best fit. What does the slope of the line represent? A) The expected weight of a catfish that is 1 inch long. 75 70 65 60 B) The rate of change in the expected length of the catfish over its weight. 55 50 45 40 C) The rate of change in the expected weight of the catfish over its length. 35 30 25 20 15 D) The expected length of a catfish that weighs 1 pound. 10 8. 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 Catfish Length (inches) Catfish Weight (pounds)A study was conducted in California to investigate the relationship between house size (x in square feet) and house price (y in thousands of dollars). The least-square regression line is given below y= 263.5 + 0.174x R2 = 0.728 a) Interpret the slope of the given regression line b) find the predicted house price for a house size of 120 square feet c) if the actual house price was $449.5 thousand dollars for a house size of 1200 square feet, calculate the residual of the home d) find the correlation coefficient. Round to 3 decimal placesCalculate pls
