Given the regression line Ý = 2.5X +12, what is the predicted value of self-esteem where X = 1
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Given the regression line Ý = 2.5X +12, what is the predicted value of self-esteem where X = 10
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- A researcher is using the regression model Y=61+4.5X to predict a persons score on a happiness questionnaire based on their number of friends Predict the happiness score for someone with 8 friendsWhen should a regression model not be used to make a prediction?A fitted regression Profit = −570 + 30 Sales (all variables in thousands of dollars) was estimated from a random sample of 20 pharmacies. For a pharmacy with Sales = 10, we predict that Profit will be what is the equation also?
- The multiple regression describes how the mean value of y is related to the xi independent variables. The parameters ?i are used to describe how the mean value of y changes for a one-unit increase in xi when the other variables are held constant. The given estimated regression equation follows where x1 is the high-school grade point average, x2 is the SAT mathematics score, and y is the final college grade point average. ŷ = −1.38 + 0.0232x1 + 0.00482x2 If the variable x2 is held constant, then only changes in x1 will impact the predicted values of ŷ. Since the coefficient of x1 is positive, for each one-unit increase of x1, the values of ŷ will increase by the value of ?1, where ?1 = . In context, for each one point increase of the high-school grade point average, the final college grade point average will increase by this amount when the SAT mathematics score does not change. If the variable x1 is held constant, then only changes in x2 will impact the predicted values of ŷ. Since the…when a regression is used as a method of predicting dependent variables from one or more independent variables. How are the independent variables different from each other yet related to the dependent variable?please use this situation: A small theater company has a linear regression model to estimate y = the concession stand sales in dollars, based on knowing x = the number of people in attendance. The regression equation is: = 6.72x + 11.50 and the correlation coefficient was r = 0.781. The data set saw the number of people in attendance ranging from a minimum of 18 people to a maximum of 170 people. 1) How reliable would it be to make a prediction for the concession sales amount if there were 500 people in attendance? Explain.
- Write out the regression equation based on the output. What happens to exam performance with every increase in exam anxiety and what do you notice about the standardized regression coefficient (Beta) and the correlation?A financial website reported the beta value for a certain company was 0.86. Betas for individual stocks are determined by simple linear regression. The dependent variable is the total return for the stock, and the independent variable is the total return for the stock market, such as the return of a market index. The slope of this regression equation is referred to as the stock's beta. Many financial analysts prefer to measure the risk of a stock by computing the stock's beta value. Suppose the following data show the monthly percentage returns for the market index and the company for a recent year. Month Market Index% Return Company% Return August -3 4 September 8 7 October 0 1 November -2 1 December -5 0 January 0 0 February 7 7 March 0 -2 April 2 0 May -5 -1 a. Develop the least squares estimated regression equation. (Let x = Market Index % Return (as a %), and let y = Company % Return (as a %). Round your numerical values to four decimal places.)In a fisheries researchers experiment the correlation between the number of eggs in tge nest and the number of viable (surviving ) eggs for a sample of nests is r=0.67 the equation of the regression line for number of viable eggs y versus number of eggs in the nest x is y =0.72x + 17.07 for a nest with 140 eggs what is the predicted number of viable eggs ?