Consider the data. x 3 12 6 20 14 Y; 60 40 50 15 20 The estimated regression equation for these data is ý = 67.25 -2.75x. (a) Compute SSE, SST, and SSR using equations SSE = (x,-)², SST = (y₁ - y)², and SSR = = (₁-7)². x SSE=1361.25 SST = SSR =
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- 9. For the next problem, use this data set: X y 1 5 2 3 3 2 4 4 5 7 The regression equation for the above data set is ý = 2.7 +0.5x. (a) Calculate and plot the residuals. (b) Based on your plot, should this regression equation be used to predict y from x?Two variable are found to have a strong negative linear correlation. Pick the regression equation that best fits this scenario. y=0.82x−28 ˆy=0.32x−28 y= -0.82x+28 ˆy= -0.32x+28The number of initial public offerings of stock issued in a 10-year period and the total proceeds of these offerings (in millions) are shown in the table. The equation of the regression line is y = 48.314x+18,056.64. Complete parts a and b. 67 197 152 Issues, x 415 458 681 481 483 377 66 Proceeds, 19,061 29,468 43,357 30,436 65,907 65,385 20,287 10,145 31,744 27,934 ly (a) Find the coefficient of determination and interpret the result. 0.284 (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? The coefficient of determination is the fraction of the variation in proceeds that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is explained by the variation in issues. The coefficient of determination is the fraction of the variation in proceeds that can be explained by the variation in issues. The remaining fraction of the variation is unexplained and is due to other factors or to sampling…
- 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 y = 0.991x + 1,222.81. Complete parts (a) and (b) below. D New-vehicle sales (Company A), x New-vehicle sales (Company B), y 4,149 3,923 3,566 3,400 3,266 3,076 2,868 2,485 1,952 2,066 4,912 4,871 4,827 4,721 4,672 4,474 4,684 3,822 2,956 2,754 (a) Find the coefficient of determination and interpret the result. 12²=0 (Round to three decimal places as needed.) 1The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same country for seven years. The equation of the regression line is y =-1.364x+17,178.20. Complete parts (a) and (b) below. Produced, x Imported, y 5,744 5,554 5,439 5,188 5,136 5,067 D 9,132 9,677 10,017 10,193 10,149 10,075 5,756 9,328 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)The number of initial public offerings of stock issued in a 10-year period and the total proceeds these offerings (in millions) are shown in the table. The equation of the regression line is y = 43.977x+ 19,528.57. Complete parts a and b. 379 55 18,716 29,004 42,559 30,325 67,231 65,155 21,100 12,473 31,455 27,712 Issues, x 424 457 695 500 499 74 180 158 Proceeds. (a) Find the coefficient of determination and interpret the result. (Round three decimal places as needed.)
- A statistical program is recommended. The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Television Gross Newspaper Advertising Advertising ($1,000s) ($1,000s) Revenue ($1,000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 1 (a) Develop an estimated regression equation with the amount of television advertising as the independent variable. (Round your numerical values to two decimal places. Let x₁ represent the amount of television advertising in $1,000s and y represent the weekly gross revenue in $1,000s.) y = 88.64 + 1.60x1 X (b) Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. (Round your numerical values to two decimal places. Let x₁ represent the amount of television advertising in $1,000s, x₂ represent the amount of…Explain how to find seFind the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (The pair of variables have a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The number of hours 6 students spent for a test and their scores on that test are shown below. Hours spent studying, x Test score, y 4 (a) x = 2 hours (c) x = 13 hours (b) x= 2.5 hours (d) x = 4.5 hours 2 3 5 40 45 52 49 63 70 Find the regression equation. ý =x+ (O (Round the slope to three decimal places as needed. Round the y-intercept to two decimal places as needed.) Choose the correct graph below. O A. OB. OC. OD. 80- 80- Hours studying Hours studying Hours studying Hours studying (a) Predict the value of y for x= 2. Choose the correct answer below. O A. 52.2 О В. 49.2 ОС. 64.2 O D. not meaningful (b) Predict the value of y for x = 2.5. Choose the correct answer below. O A. 115.4 О В. 52.2…
- The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states. x 11.3 8.5 y 13.4 7 3.6 2.6 2.2 2.6 0.8 11 10.2 7.4 6 5.7 6.3 4.9 * = thousands of automatic weapons y = murders per 100,000 residents Determine the regression equation in y = ax + b form and write it below. (Round to 2 decimal places) A) How many murders per 100,000 residents can be expected in a state with 10.1 thousand automatic weapons? Answer = Round to 3 decimal places. B) How many murders per 100,000 residents can be expected in a state with 9.9 thousand automatic weapons? Answer = Round to 3 decimal places.Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (The pair of variables have a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The number of hours 6 students spent for a test and their scores on that test are shown below. Hours spent studying, x Test score, y (a) x = 2 hours (c) x = 14 hours (b) x = 4.5 hours (d) x = 1.5 hours 2 3 4 4 6 38 45 51 48 64 67 Find the regression equation. ŷ =x+ (O (Round the slope to three decimal places as needed. Round the y-intercept to two decimal places as needed.) Choose the correct graph below. A. ОВ. OD. 80- 80- Hours studying Hours studying Hours studying Hours studying (a) Predict the value of y for x = 2. Choose the correct answer below. O A. 44.5 О В. 58.8 OC. 41.7 O D. not meaningful (b) Predict the value of y for x = 4.5. Choose the correct answer below. O A. 58.8 О В. 41.7 OC.…B b. What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? The scatter diagram indicates a positive linear relationship between a = average number of passing yar and y = the percentage of games won by the team. c. Develop the estimated regression equation that could be used to predict the percentage of games won given the avera passing yards per attempt. Enter negative value as negative number. WinPct =| |)(Yds/Att) (to 4 decimals) d. Provide an interpretation for the slope of the estimated regression equation (to 1 decimal). The slope of the estimated regression line is approximately So, for every increase : of one yar number of passes per attempt, the percentage of games won by the team increases by %. e. For the 2011 season, the average number of passing yards per attempt for the Kansas City Chiefs was was 5.5. Use th regression equation developed in part (c) to predict the percentage of games won by the Kansas City Chiefs.…