19. In exercise 7 a sales manager collected the following data on x = annual sales and y = yearsof experience. The estimated regression equation for these data is ŷ = 80 + 4x.AnnualSalesto ogn'inYears ofExperienceSalesperson($1000s)1180397ē4924102103111r10119101231111713136a.Compute SST, SSR, and SSE.b.Compute the coefficient of determination r². Comment on the goodness of fit.What is the value of the sample correlation coefficient?C.Ö6%B9CAWN5000+10

A sales manager collected the data on annual sales and years of experience.

Answered: E 19. In exercise 7 a sales manager…

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 ages (in years) of five men and their systolic pressures. (You can use technology) Age, x 16 25 39 45 49 Systolic blood pressure, y 109 122 143 132 199 a. calculate the correlation coefficient, r b. calculate the critical r c. Is there a significant linear relationship between x and y? d. find the equation of regression line e Interpret the slope and the y-intercept f. Predict the systolic blood pressure for a man who is 40 years old.
In R there is a dataset called diamonds that contains measurements of about 500 diamonds sold in the US. There are three variables present: price (price in US dollar), carat (weight of the diamond), and table (width of top of diamond relative to the widest point). The attached image is a screenshot of the R dataset with the regression table and all that. ANSWER THIS QUESTION IN WORDS: Discuss the regression between the variables table and price. You should address the explanatory variable, response variable, correlation, and sign. You should interpret the slope, the t and p-value, and how much is explained by the response.
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states. Xx Y 11.8 14.1 11.5 9.8 7.1 6.2 6.5 x = thousands of automatic weapons y = murders per 100,000 residents 8.6 7 3.3 2.5 2.5 2.6 6 This data can be modeled by the equation y = 0.85x +4.07. Use this equation to answer the following; Answer decimal places. = A) How many murders per 100,000 residents can be expected in a state with 1.2 thousand automatic weapons? Answer = decimal places. Round to 3 0.9 4.7 B) How many murders per 100,000 residents can be expected in a state with 8.5 thousand automatic weapons? Round to 3
An analyst wanted to analyze the relationship between the speed of a car (x) measured in mph and its gas mileage (y). As an experiment a car is operated at several different speeds and for each speed the gas mileage is measured. These data are shown below. Speed 25 35 45 50 60 65 70 Gas Mileage 40 39 37 33 30 27 25 What is the dependent variable? What is the independent variable?
The following table contains ACT scores and the GPA for eight college students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand. Report the intercept and slope estimates: Student 1 2 3 4 5 6 7 8 GPA 2.8 3.4 3.0 3.5 3.6 3.0 2.7 3.7 ŷ₁ =B₁ + B₁x₁ ACT 21 24 26 27 29 25 25 30 y X ŷ₁
d. Draw the regression line on the scatter diagram using the yp points.e. Find y for x = 50 x 20 10 30 40 60 70 y 20 20 30 50 60 80
The correct answer is option C but I do not know how to find the number that go inside it.

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