Example 3: Given i2 = 0.28; 23 = 0.49; 3 = 0.51, o1 = 2.7;02 = 2.4;03 = 2.7 %3D %3D %3D Find the regression equation of X, on X1 and X2.
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- A researcher wants to know if there is a significant correlation between hours spent studying for an exam (X) and exam performance (Y). Level of significance is 0.05, degrees of freedom is 3, and the critical value is 0.878. Interpret the strength and direction of the correlation, calculate and interpret the coefficient of determination, then develop the simple regression equation for the two variables. X (Time Spent Studying in Hours) Y (Exam Performance, 0 to 100) 3 56 6 77 7 79 8 70 11 96 Mean 7.00 75.60 SD 2.92 14.54 For this question, on your hand calculation document clearly state: a) the null hypothesis, b) the alternative hypothesis, c) the alpha level you are using, d) the critical value, e) process for calculating r, f) your decision about the null hypothesis, g) the coefficient of determination, h) and regression equation. This is what I will be marking. You may also enter your responses here, but it is…Example 1: Given the following data 72 = 0.8,ři3 = 0.7,3 = 0.6,0 =10.g. = 8 %3D %3D %3D 0z = 5. Determine the regression equation of X, on X, and X, .In simple linear regression: a. The size of the coefficient for each IV gives you the size of the effect that varilable has on the DV. b. The sign of the coefficient gives you the direction of the effect. c. With a single IV, the coefficient tells you how much the DV is expected to increase or decrease when the IV increased by one unit. d. All of the above.
- Question 6 question 7Consider the linear regression model Y; = Bo + B1 X¡ + U¡ for each i in $10,000) and Y; represents the home size (measured in square feet). We run an OLS regression and get: 1,..., n withn = 1,000. X; represents the annual income of individual i (measured Bin = 43.2, SE(§ „) = 10.2, Bon = 700, SE(Bom) = 7.4. Suppose that we want to test Ho : B1 O against H1 : ß1 # 0 at 1% significance level. Assuming that the sample size is large enough, which one of the following is true about the p-value of this test? 43.2 The p-value can be computed as P(-| ), where is the standard Normal CDF 10.2 а. b. None of the answers 43.2 The p-value can be computed as (- ), where O is the standard Normal CDF 10.2 С. 43.2 d. The p-value can be computed as 20(-- ), where O is the standard Normal CDF 10.2The following estimated regression equation has been proposed to predict daily sales at a furniture store. ŷ = 12 − 5x1 + 8x2 + 17x3 where ŷ = estimated sales (in $1,000s) x1 = competitor's previous day's sales (in $1,000s) x2 = population within 1 mile (in 1,000s) x3 = 1 if any form of advertising was used; 0 otherwise (a) Fully interpret the meaning of the b3 coefficient (Give the answer in dollars.) Predict sales (in dollars) for the store with competitor's previous day's sale of $4,000, a population of 11,000 within 1 mile, and ... (b) no radio advertisements. $ (c) one radio advertisement. $ (d) eight radio advertisements. $
- Create a quadratic model for the data shown in the table 1 -1 X -1 -1 y Oy=0.85r² +0.11 - 1.78 y = 0.98x² -0.74 - 0.82 y = 0.112²1.78x +.9998 X y = -0.85x² -0.11x +1.78 2 2 5 20D. Only OLS assumption #2 is satisfied. The estimated regression is Y = 39+0.45X; Compute the estimated regression's prediction for the average score of students given 99, 129, or 155 minutes to complete the exam. Given 99 minutes, the estimated regression's prediction for the average score of students is Given 129 minutes, the estimated regression's prediction for the average score of students is Given 155 minutes, the estimated regression's prediction for the average score of students is (Round your responses to two decimal places.) Compute the estimated gain in score for a student who is given an additional 19 minutes on the exam. The estimated gain in score for a student who is given an additional 19 minutes on the exam is (Round your response to two decimal places.) Click to select your answer(s). W (DELL] o search PROU IIA study investigating the relationship between a country's annual gross domestic product x (in trillions of dollars) and carbon dioxide emissions y(in millions of metric tons) yielded r = 0.87, se = 141.9 , and the regression equation y-hat = 199.5x + 56.0. For each additional trillion dollars in %3D gross domestic product, carbon dioxide emissions increases by about 0.87 million metric tons, on average increases by about 199.5 million metric tons, on average changes by an amount that cannot be determined from the information given O increases by about 141.9 million metric tons, on average increases by about 56.0 million metric tons, on average
- The following data on x maternal age in years of the young birth mothers and y = weight of baby born in grams summarizes the result of a study. Assume that a simple linear regression model y = Bo + B1x + e is an appropriate model for the study. x-bar = 17 (avg of x's) y-bar = 3004.1 (avg of y's) SSx = 20 SSxy %3D 4903 SSw 1539182.9 n 10 Calculate the value of s-(standard error of regression) and enter the answer to the nearest tenth (1 decimal place).A sports statistician was interested in the relationship between game attendance (in thousands) and the number of wins for baseball teams. Information was collected on several teams and was used to obtain the regression equation ŷ = 4.9x + 15.2, where x represents the attendance (in thousands) and ŷ is the predicted number of wins. What is the predicted number of wins for a team that has an attendance of 17,000? 83.3 wins 98.5 wins 258.4 wins 263.3 winsA researcher conducts a multiple regression with Y as the dependent variable and X1, X2, X3 and X4 as explanatory variables. Using the regression output below, fully describe this model and discuss important parts of the output. What is the predicted value of Y if X1 = 3, X2 = 15, X3 = 7 and X4 = 0.003? %3D SUMMARY OUTPUT Regression Staistics Muliple R R Square Adjusted R Square Standard Emor Observations 0.7236 0.5236 0.5159 5.3928 252 ANOVA Significance F 1. 10662E-38 SS MS Regression Residual 1973 9392 29.0820 67.8749 7895.7567 7183.2599 4 247 Total 251 15079.0166 Upper 95% 33.4049 Coefficients Standard Eror t Stat Pvalue 2.2273 0.026830873 Lower 95% 7.9594 2.0508 Intercept X1 17.7278 1.5583 0.2750 5.6662 4.05265E-08 1.0166 2.0999 X2 1.8376 0.1997 9.1999 1.4442 -74708 -3721 4324 1.55861E-17 2.2310 X3 55100 -5.5348 7.94036E-08 -3.5492 X4 -3.1079 1887 8435 -0.0016 0.998687788 3715 2166
