Calculate slope and intercept of the regression line.
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Calculate slope and intercept of the regression line.
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- The y-intercept in a linear regression model is always relevant and of interest to investigators for every model constructed. True FalseA sports-equipment researcher was interested in the relationship between the speed of a golf club (in feet per second) and the distance a golf ball travels (in yards). Information was collected on several golfers and was used to obtain the regression equation ŷ = 2x - 106, where x represents the club speed and ŷ is the predicted distance. Which statement best describes the meaning of the slope of the regression line? For each increase in distance by 1 yard, the predicted club speed increases by 2 ft/sec. For each increase in distance by 1 yard, the predicted club speed decreases by 106 ft/sec. For each increase in club speed by 1 ft/sec, the predicted distance increases by 2 yards. For each increase in club speed by 1 ft/sec, the predicted distance decreases by 106 yards.An educator wants to see how the number of absences for a student in her class affects the student’s final grade by formulating the equation of the regression line. The data obtained from a sample are shown. Required: Slope of the regression line Only the final answer should be rounded-off to TWO decimal places.
- Two variables are defined, a regression equation is given, and one data point is given. Weight Training = = Weight 92 +11.9(Training) = maximum weight capable of bench pressing (pounds) number of hours spent lifting weights a week The data point is an individual who trains 5 hours a week and can bench 150 pounds. Residual (a) Find the predicted value for the data point and compute the residual. Enter the exact answers. Predicted value = M. lbs lbsplease solve all parts as soon as possibleDifferent hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 135 and a y-intercept if -356. What is the equation of the regression line?
- Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in xAriel was running analyses over and over in census data and came across a correlation between weight and debt (r=.78). Independent variable is weight and dependent variable is debt. b) Curious Ariel noted some statistics on these weight (M=160lb, SD=15lb) and debt (M=196k, SD=20k). If Ariel wanted to calculate a regression equation, what would her slope and intercept be?How to know if obtaining a regression equation for the data appear reasonable?
- How should I draw this linear regression graph for this model? Thanks.Write out the full linear model including all dummy variables below. Don’t worry about estimating regression coefficients just yet. Feel free to abbreviate variable names so long as they are clearly distinguishable.The following table gives the amount spent on cellular service. Date Cellular service revenue(in billions) 2011 1.01 2012 1.05 2013 1.09 2014 1.11 Plot the data points. (Let tbe the number of years since 2011 and C the amount of cellular service revenue, in billions of dollars.) CORRECT (b) Find the equation of the regression line. (Let t be the number of years since 2011 and C the amount of cellular service revenue, in billions of dollars. Round the regression line parameters to three decimal places.) C(t) = C(t) = 0.034t+1.014 CORRECT Add its graph to the plotted data. CORRECT (c) In 2015, $1.14 trillion was spent on cellular service. If you had been a financial strategist in 2014 with only the data in the table above available, what would have been your prediction for the amount spent on cellular service in 2015? (Round your answer to two decimal places.) billion dollars CORRECT…