Answered: Create a scatter graph, plotting value…

Create a scatter graph, plotting value of sales against the average order value. The trend line, regression equation and coefficient of determination should be shown on the graph.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The figure plots the number of manatee deaths by boat versus the number of boats registered to Florida and thousands. There is a clear straight line pattern with a modest amount of scatter. The correlation between these variables is R equals 0.94. What percentage of the observed variation among the manatee deaths by boats is explained by the straight line relationship between manatee deaths and number of boats registered?
The number of megapixels in a digital camera is one of the most important factors in determining picture quality. But, do digital cameras with more megapixels cost more? The following data show the number of megapixels and the price ($) for 10 digital cameras(Consumer Reports, March 2009). Use these data to develop an estimated regression equation that can be used to predict the price of a digital camera given the number of megapixels. Brand and Model Megapixels Price (S) Canon PowerShot SD1100 IS Casio Exilim Card EX-510 8 180 200 230 10 Sony Cyber-shot DSC-T70 Pentax Optio M50 Canon PowerShot G10 120 470 15 8 Canon PowerShot A590 IS Canon PowerShot El 140 180 10 12 Fujifilm FinePix FOOFD Sony Cyber-shot DSC-W170 Canon PowerShot A470 310 10 250 110
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The following regression equation is based on the analysis of four variables: SM_DOLLARS is the dollar amount of a watershed conservation agency's weekly spending on social media ads. RADIO_ADS is the number of radio advertisements aired weekly by the agency. WS_DOLLARS is the dollar amount of the agency’s weekly spending on web search ads. The variable WEB_VISITS is the number of weekly visitors to their educational website. These data have been recorded every week for the past three years. WEB_VISITS (expected) = 109 + 0.2*SM_DOLLARS + 1.5*RADIO_ADS + 1.1*WS_DOLLARS The data meet the assumptions for regression analysis, and the regression results, including the coefficients, were found to be statistically significant. How many additional weekly web visits would you predict when the agency increases its weekly spending on social media ads by $150 without changing the amount spent on radio ads or web search ads? (Round your answer to the nearest whole number.)
The slope of a regression line tells you how much or little a change in your dependent variable impacts your independent variable. O TrueO False
The following regression equation is based on the analysis of four variables: SM_DOLLARS is the dollar amount of a watershed conservation agency's weekly spending on social media ads. RADIO_ADS is the number of radio advertisements aired weekly by the agency. WS_DOLLARS is the dollar amount of the agency’s weekly spending on web search ads. The variable WEB_VISITS is the number of weekly visitors to their educational website. These data have been recorded every week for the past three years. WEB_VISITS (expected) = 208 + 1.5*SM_DOLLARS + 0.5*RADIO_ADS + 0.8*WS_DOLLARS The data meet the assumptions for regression analysis, and the regression results, including the coefficients, were found to be statistically significant. How many additional weekly web visits would you predict when the agency increases its weekly spending on social media ads by $108 without changing the amount spent on radio ads or web search ads? (Round your answer to the nearest whole number.)
A pediatrician wants to determine the relation that exists between a child's height (x) and head circumference (y). She randomly selects 11 children from her practice and measures their height and head circumference in inches. She finds that the correlation is 0.477 and the regression equation is y = 0.149x + 8.15 What proportion of the variation in head circumference can be explained by the variation in the values of height? % Report answer as a percentage accurate to one decimal place.
Medical records indicate that people with more education tend to live longer; the correlation is 0.67. The slope of the linear model that predicts lifespan from years of education suggests that on average people, tend to live 1.43 extra years for each additional year of education they have. The slope of the line that would predict lifespan from years of education is 1.43 67 143 0.67
Would the regression in Equation be useful for predicting test scoresin a school district in Massachusetts? Why or why not?
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Price/Book Value Ratio Return on Equity 13.032 1.405 8.305 2.113 6.654 1.239 3.262 2.449 5.291 2.398 7.719 0.353 2.569 7.593 5.104 2.012 4.797 2.182 4.129 1.918 1.549 1.951 5.046 2.417 2.159 3.011 1.725 5.582 4.698 Growth% 6.385 11.846 135.669 12.459 0.073 25.092 14.188 8.804 22.766 38.082 18.985 25.696 24.519 19.666 11.624 22.849 49.965 69.649 36.696 3.819 41.139 9.218 29.108 17.772 25.114 29.295 23.764 31.405 9.497 14.759 18.541 12.026 39.016 14.228 39.439 14.097 27.022 14.841 13.237 20.669 17.311 14.887 15.849 5.601 16.775 11.172 8.401 16.161 18.404 23.973 16.673 14.725 46.605 28.839 52.021
Using your favorite statistic software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y = - 10.71 x + 65.32 and the r = 0.044. What proportion of the variation in y can be explained by the variation in the values of x? r^2 = % % to one decimal
A car lot wants to predict the # of car accessories they need to sell monthly based on the number of cars sold. The car lot owner randomly selects 12 months of data. The simple linear regression equation is ý = 14 - 2x. The coefficient of determination is 0.6364. What is the correlation coefficient to describe the relationship between these two variables? Multiple Choice