Interpret the following three sets of data (X versus Y) using scatter chart and regression analyze X: C16 (number of cars on the sales lot) versus Y: C17 (cars sold per day)

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
Question

Interpret the following three sets of data (X versus Y) using scatter chart and regression analyze

  1. X: C16 (number of cars on the sales lot) versus Y: C17 (cars sold per day)
C16
C17
X: C16 (number of cars on the sales lot) versus Y: C17 (cars sold per day)
5
27
10
46
20
73
90
8
40
80
4
30
73
28
70
12
46
59
60
15
59
50
46
46
40
40
30
27 28
30
20
10
10
15
20
25
numbers of cars on the sales lot
cars sold per day
Transcribed Image Text:C16 C17 X: C16 (number of cars on the sales lot) versus Y: C17 (cars sold per day) 5 27 10 46 20 73 90 8 40 80 4 30 73 28 70 12 46 59 60 15 59 50 46 46 40 40 30 27 28 30 20 10 10 15 20 25 numbers of cars on the sales lot cars sold per day
SUMMARY OUTPUT
Regression Statistics
Multiple F 0.984033
R Square
0.96832
Adjusted i 0.96304
Standard E 1.052994
Observati
8
ANOVA
df
SS
MS
F
gnificance F
Regressio
1 203.3472 203.3472 183.3946 1.01E-05
Residual
6 6.652777 1.108796
Total
7
210
Coefficientsandard Err
t Stat
P-value Lower 95%Upper 95%ower 95.0%pper 95.0%
Intercept -4.54266
1.13657 -3.99682 0.007145 -7.32375 -1.76157 -7.32375 -1.76157
C17
0.333356 0.024616 13.54233
1.01E-05 0.273123 0.393589 0.273123 0.393589
Transcribed Image Text:SUMMARY OUTPUT Regression Statistics Multiple F 0.984033 R Square 0.96832 Adjusted i 0.96304 Standard E 1.052994 Observati 8 ANOVA df SS MS F gnificance F Regressio 1 203.3472 203.3472 183.3946 1.01E-05 Residual 6 6.652777 1.108796 Total 7 210 Coefficientsandard Err t Stat P-value Lower 95%Upper 95%ower 95.0%pper 95.0% Intercept -4.54266 1.13657 -3.99682 0.007145 -7.32375 -1.76157 -7.32375 -1.76157 C17 0.333356 0.024616 13.54233 1.01E-05 0.273123 0.393589 0.273123 0.393589
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
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