Given n data pairs, (x₁, y₁),... (xn, Yn), the values of the two constants in the least squares straight-line regression model yao + a₁x are unique. O True False
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- a. Rewrite the data points (2,1), (4,2), (8,6) and (9,6) with new x-coordinates in mean-deviation form. Let X be the associated design matrix. Why are the columns of X orthogonal? b. Write the normal equations for the data in part (a), and solve them to find the least-squares line, y =B₁ + B₁x², where x = x-5.75. The associated design matrix, X, is 1 - 1.75 2.25 3.25 1 the entries in one column are all 1 and the entries in the other column sum to 0. (Simplify your answer. Use ascending order.) B. Therefore, the columns of X are orthogonal because b. Write the normal equations for the data from part (a). Select the correct choice below and fill in the answer boxes within your choice. (Simplify your answer.) O A. [Bo B₁] = Bo 421-0a)Find the equation of the least-squares regression line for the data. (Where x is the independent variable.) Round constants to the nearest hundredth. b)Use the equation from part (a) to determine, to the nearest centimeter, the projected wingspan of a pterosaur if its humerus is 53 centimeters.A study of IT companies has found the following data on the age of each company and its annual volume of sales: Age (years) Sales (000) 2 22 2.5 34 3 33 4 37 4.5 40 4.5 45 5 49 3 30 6 58 6.5 58 (a) Determine the least squares regression that relates the age of company variable to the sales variable in the form y = a + bx. (b) Provide a practical interpretation of the coefficients a and b. (c) Determine the ‘goodness of fit’ (R2) of the estimated regression line. d) Using the estimated regression line determined in (a), calculate what volume of sales would be predicted for a company that is 3.5 years of age. (e) If it was found that…
- The following data are the average annual repair cost (in O.R.) and the age of automobiles ( in years). Car age (x) 1 2 3 4 5 Repair Cost (y) 100 150 320 350 380 Find the equation of Y on X by least-squares regression method.A statistician wishes to examine the relationship between average monthly rainfall (in mm), x, and number of road accidents, y, in a particular city. The following calculations have been done for you: Ex = 276, Ex2 = 6888, Ey = 193, Ey 3421, Exy 4842 and n 12. !3! The equation of the least squares regression line is given byIn a study, nine tires of a particular brand were driven on a track under identical conditions. Each tire was driven a particular controlled distance (measured in thousands of miles) and the tread depth was measured after the drive. Tread depth is measured in "mils." Here, 1 mil is 0.001 inch. The equation of the least-squares regression line is: y-hat 360.64 - 11.39x Also, r = 0.9762. For every 1,000 miles driven, the decrease in tread depth (in mils) can be estimated as: 246.74 mils. 11.39 mils. 275.6 mils. O 360.64 mils.
- A researcher wishes to examine the relationship between years of schooling completed and the number of pregnancies in young women. Her research discovers a linear relationship, and the least squares line is: ŷ = 1 – 2xwhere x is the number of years of schooling completed and y is the number of pregnancies. The slope of the regression line can be interpreted in the following way: O When amount of schooling increases by one year, the number of pregnancies increases by 2. O When amount of schooling increases by one year, the number of pregnancies decreases by 1. O When amount of schooling increases by one year, the number of pregnancies increases by 1. O When amount of schooling increases by one year, the number of pregnancies decreases by 2. Check AnswerThe table below shows the numbers of new-vehicle sales (in thousands) for Company 1 and Company 2 for 11 years. Construct and interpret a 90% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2676 thousand. The equation of the regression line is y = 1.205x + 405.157. Company 1, x Company 2, y 1907 2190 4104 3964 3568 3421 3343 3063 2855 2458 1936 1668 4928 4824 4799 4706 4603 4443 4083 3816 2953 2005 Construct and interpret a 90% prediction interval for new-vehicle sales for Company 2 when the number of new vehicles sold by Company 1 is 2676 thousand. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. We can be 90% confident that when the new-vehicle sales for Company 1 is 2676 thousand, the new-vehicle sales for Company 2 will be between and thousand. O B. There is a 90% chance that the predicted new-vehicle sales for Company 2 is between and…3. Find the the equation of the least squares regression line for the data as the linear model f(x) = ao + a₁x in the manner discussed in the textbook using the formula A = (XTX)-¹XTY. What are your values for ao and a₁?