How do i calculate g on calculate g   A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 4 5 6 6 1 5 9 10 10 3 y (Salary in $1000) 37 34 32 32 32 38 43 37 40 33 In this setting we have Σx = 59, Σy = 358, Σx2 = 429, Σy2 = 12,948, and Σxy = 2180. (a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to four decimal places.) x =   y =   b =   ŷ =   +   x (b) Draw a scatter diagram displaying the data. Graph the least-squares line on your scatter diagram. Be sure to plot the point (x, y).         (c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.) r =   r2 =   What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)  %(d) Test the claim that the population correlation coefficient ρ is positive at the 5% level of significance. (Round your test statistic to three decimal places.) t =   Find or estimate the P-value of the test statistic. P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005 Conclusion Reject the null hypothesis. There is sufficient evidence that ρ > 0.Reject the null hypothesis. There is insufficient evidence that ρ > 0.    Fail to reject the null hypothesis. There is sufficient evidence that ρ > 0.Fail to reject the null hypothesis. There is insufficient evidence that ρ > 0. (e) If someone had x = 10 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)  thousand dollars(f) Find Se. (Round your answer to two decimal places.)Se =  (g) Find a 90% confidence interval for the annual salary of an individual with x = 10 job changes. (Round your answers to two decimal places.) lower limit       thousand dollars upper limit       thousand dollars (h) Test the claim that the slope β of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places.) t =   Find or estimate the P-value of the test statistic. P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question

How do i calculate g on calculate g

 

A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information.

x (number of job changes) 4 5 6 6 1 5 9 10 10 3
y (Salary in $1000) 37 34 32 32 32 38 43 37 40 33

In this setting we have Σx = 59, Σy = 358, Σx2 = 429, Σy2 = 12,948, and Σxy = 2180.

(a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to four decimal places.)
x =  
y =  
b =  
ŷ =   +   x

(b) Draw a scatter diagram displaying the data. Graph the least-squares line on your scatter diagram. Be sure to plot the point (x, y).
   
   

(c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.)
r =  
r2 =  

What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)
  %

(d) Test the claim that the population correlation coefficient ρ is positive at the 5% level of significance. (Round your test statistic to three decimal places.)
t =  


Find or estimate the P-value of the test statistic.
P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005

Conclusion
Reject the null hypothesis. There is sufficient evidence that ρ > 0.Reject the null hypothesis. There is insufficient evidence that ρ > 0.    Fail to reject the null hypothesis. There is sufficient evidence that ρ > 0.Fail to reject the null hypothesis. There is insufficient evidence that ρ > 0.

(e) If someone had x = 10 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)
  thousand dollars

(f) Find Se. (Round your answer to two decimal places.)
Se =  

(g) Find a 90% confidence interval for the annual salary of an individual with x = 10 job changes. (Round your answers to two decimal places.)
lower limit       thousand dollars
upper limit       thousand dollars

(h) Test the claim that the slope β of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places.)
t =  


Find or estimate the P-value of the test statistic.
P-value > 0.2500.125 < P-value < 0.250    0.100 < P-value < 0.1250.075 < P-value < 0.1000.050 < P-value < 0.0750.025 < P-value < 0.0500.010 < P-value < 0.0250.005 < P-value < 0.0100.0005 < P-value < 0.005P-value < 0.0005
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 6 images

Blurred answer
Knowledge Booster
Correlation, Regression, and Association
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman