Consider a set of data (x,y), i = 1, 2, ..., n and the simple linear regression model given by: Y₁ = Bo + B₁x₁ + εi with E(&) = 0, Var(e) = o² and all &'s are independent and normally distributed. Suppose further that a random sample of size 10 is selected and the fitted regression equation is obtained: with b) SB₁ = 0.071 and SSxx = 1568.625. a) If we were to draw a scatter plot for the data, what kind of relationship would be expected? Justify your answer. Construct analysis of variance (ANOVA) and use it to test at 5% level whether or not there is a significant relationship between x and y. Verify the results in b) using a 95% confidence interval. c) ŷ₁2.106 0.933x,

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
Consider a set of data (x₁, y₁), i = 1, 2, ..., n and the simple linear regression model given by:
Yi Bo + B₁x₁ + εi
with E() = 0, Var(ɛ;) = o² and all &;'s are independent and normally distributed.
Suppose further that a random sample of size 10 is selected and the fitted regression equation is
obtained:
with SB₁
b)
= 0.071 and SSxx = 1568.625.
a)
If we were to draw a scatter plot for the data, what kind of relationship would be expected?
Justify your answer.
Construct analysis of variance (ANOVA) and use it to test at 5% level whether or not there is
a significant relationship between x and y.
Verify the results in b) using a 95% confidence interval.
c)
ŷi = 2.106 -0.933x₁
Transcribed Image Text:Consider a set of data (x₁, y₁), i = 1, 2, ..., n and the simple linear regression model given by: Yi Bo + B₁x₁ + εi with E() = 0, Var(ɛ;) = o² and all &;'s are independent and normally distributed. Suppose further that a random sample of size 10 is selected and the fitted regression equation is obtained: with SB₁ b) = 0.071 and SSxx = 1568.625. a) If we were to draw a scatter plot for the data, what kind of relationship would be expected? Justify your answer. Construct analysis of variance (ANOVA) and use it to test at 5% level whether or not there is a significant relationship between x and y. Verify the results in b) using a 95% confidence interval. c) ŷi = 2.106 -0.933x₁
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman