Larger values of ²2 imply that the observations are more closely grouped about the average value of the independent variables average value of the dependent variable least squares line origin
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- What is the R2 value for the relationship between Height and Weight?A recent Gallup survey of a random sample of Americans (18 and older) found that the average number of alcoholic drinks consumed per week (drinks) by males was 4.2 and by females was 1.4.[¹] Suppose we use the underlying survey data to estimate a least-squares regression of the average number of drinks a person reports consuming per week (Drinks;) on a dummy variable equal to 1 if i is female and 0 otherwise (Female;). (Assume all respondents identify as either male or female.) The estimated regression line equation can be written as: Drinks = a +bFemale Alcohol Consumption by Gender What is the numerical value of b?When a stone is dropped in a pond, ripples are formed and travel in concentric circles away from where the stone was dropped. The equation of the least-squares regression line is (picture attached) What is the predicted area of the circle, in cm2, 4 seconds after the stone is dropped? 49.72 cm2 199.43 cm2 311.89 cm2 1854.10 cm2
- Bivariate data obtained for the paired variables x and y are shown below, in the table labeled "Sample data." These data are plotted in the scatter plot in Figure 1, which also displays the least-squares regression line for the data. The equation for this line is y = 14.87+0.88x. In the "Calculations" table are calculations involving the observed y-values, the mean y of these values, and the values y predicted from the regression equation. Sample data Calculations 160+ x y (x-1)² (-5)² (v-^^)² 150+ 107.2 110.7 396.0100 457.7032 2.2320 122.0 130.3 140- 0.0900 70.0569 65.1249 131.5 122.1 130- 72.2500 0.0001 72.0801 142.5 129.9 120. 0.4900 93.5089 107.5369 152.5 160.0 110- 864.3600 341.1409 119.4649 Send data to Excel LL 130 130 140 150 160 Column sum: 1333.2000 Column sum: 962.4100 Column sum: 366.4388 Figure 1 Answer the following. (a) The least-squares regression line given above is said to be a line that "best fits" the sample data. The term "best fits" is used because the line has an…You forgot to JUSTIFY THE ANSWRRS LAST TIMEPlease ASAP
- The output table below represents the results of the estimation of household expenditures (Y) and income (X) in thousand dollars. Considering the output table below, answer the following questions. Dependent Variable: Y Method: Least Squares Date: 12/28/16 Time: 15:29 Sample: 2000 2010 Included observations: 11 Variable Coefficient Std. Error t-Statistic Prob. C 0.229334 2.938536 0.078044 0.9395 X 0.354833 0.024783 14.31783 0.0000 R-squared 0.957944 Mean dependent var 37.45455 Adjusted R-squared 0.953271 S.D. dependent var 21.01125 S.E. of regression 4.541976 Akaike info criterion 6.027567 Sum squared resid 185.6659 Schwarz criterion 6.099911 Log likelihood -31.15162 Hannan-Quinn criter. 5.981964…The output table below represents the results of the estimation of household expenditures (Y) and income (X) in thousand dollars. Considering the output table below, answer the following questions. Dependent Variable: Y Method: Least Squares Date: 12/28/16 Time: 15:29 Sample: 2000 2010 Included observations: 11 Variable Coefficient Std. Error t-Statistic Prob. C 0.229334 2.938536 0.078044 0.9395 X 0.354833 0.024783 14.31783 0.0000 R-squared 0.957944 Mean dependent var 37.45455 Adjusted R-squared 0.953271 S.D. dependent var 21.01125 S.E. of regression 4.541976 Akaike info criterion 6.027567 Sum squared resid 185.6659 Schwarz criterion 6.099911 Log likelihood -31.15162 Hannan-Quinn criter. 5.981964…A financial analyst is examinıng the Pela each the company's current stock price and the company's earnings per share reported for the past 12 months. Her data are given below, with x denoting the earnings per share from the previous year, and y denoting the current stock price (both in dollars). Based on these data, she computes the least-squares regression line to be y = -0.147+0.043x. This line, along with a scatter plot of her data, is shown below. Earnings per Current stock price, y (in dollars) share, x (in dollars) 36.55 1.64 14.18 0.57 41.79 1.37 39.16 1.10 2.5+ 57.70 2.71 26.95 0.90 32.65 1.70 41.94 1.17 52.79 2.56 42.72 2.01 16.89 0.76 22.46 0.58 Earnings per share, x (in dollars) 58.88 2.19 30.13 1.48 50.08 1.73 28.92 0.81 Submit Assi Continue D 2021 McGraw-H Education. All Rights Reserved. Terms of Use Privacy e to search 近 Current stock price, y (in dollars)
- П. 2. What is the degrees of freedom in a multiple regression model( with n values in each variable) with 14 independent variables when doing a t-test for the individual regression coefficients determined?When a least squares line is fit to the 11 observations in the service time data, we obtain SSE= 210.8204. Calculate s? and s. (Round s2 to 4 decimal places. Round s to 5 decimal places.) s^2 This is a numeric cell, so please enter numbers only.Use the following data for parts (a) through (e). x 5 7 3 16 12 9 y 8 9 11 27 15 13 Determine the equation of the least squares regression line to predict y by x. y^ = (value rounded to 4 decimal places ?) + (value rounded to 4 decimal places ?) x