Chapter 14 Regression Statistics 0.97543454 Multiple R R Square Adjusted R Sc Standard Erro 438.384366 Observations 1 2 ANOVA Of Regression Residual 10 1921808.519 39602500 Coemicients Standard Error 19.0812465 1 362706623 Total Stat 13720.2593 1580.13751 8.682952714 intercept X Variable 1 13. Use the table above to answer the following questions Write the equation of the regression line based on the output above. a) U) = (3,7て07513 t (9,08 lex Assuming that the x variable represents the number of service calls made, what is the total cost expected if 1,1,40 service calls are made? b) c) What is the relationship between SSE, SSR and SST? What is the value of the SSR? d) Calculate the r2 from the data above. e) f What interval must r2 fall? 8) Calculate the F statistic. h) What is the value of tSTAT for the slope (b1)? i) What is the value of the y-intercept? Using an alpha of 0.05, what is the confidence interval estimate for the independent variable? LCL i) UCL
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
Part D-F, Explain TI84 use if applicable
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