Looking at the following residual plot, what can you conclude
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- Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That data forseveral years is given in Table 4[14]. Determine whether the trend appears linear. If so, and assuming the trendcontinues. in what year will the percentage exceed 35%?XYZ Corporation Stock Prices The following table shows the average stock price, in dollars, of XYZ Corporation in the given month. Month Stock price January 2011 43.71 February 2011 44.22 March 2011 44.44 April 2011 45.17 May 2011 45.97 a. Find the equation of the regression line. Round the regression coefficients to three decimal places. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict the stock price to be in January 2012? January 2013?
- Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to 2012. a. Let x represent time in years starting with x=0 for the year 1997. Let y represent the number of seals in thousands. Use logistic regression to fit a model to these data. b. Use the model to predict the seal population for the year 2020. c. To the nearest whole number, what is the limiting value of this model?Life Expectancy The following table shows the average life expectancy, in years, of a child born in the given year42 Life expectancy 2005 77.6 2007 78.1 2009 78.5 2011 78.7 2013 78.8 a. Find the equation of the regression line, and explain the meaning of its slope. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 2019? e. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 1580?2300Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use exponential regression to fit a model to these data. b. If spending continues at this rate, what will the graduate’s credit card debt be one year after graduating?
- The attached images show linear regression analysis to evaluate the ability of independent variables full and part-time FTEs, number of Medicare certified beds and urban vs. rural setting to predict dependent variable, occupancy rate. How do you interpret these results, what are the basic assumptions for regression analysis?Explain Which of the following statements are true about studentized residuals? They are the deviations of the observed values from the fitted line. They're closely related to the errors of prediction of the observation. Large studentized residuals will lead to large influence on the regression model in all circumstancesLooking at this output in the photo, we know that the proportion of the variation in mileage is accounted for by the linear relationship with the weight of the car is 43.8 % and that the estimate of the regression standard deviationis is 6.78. Determine the equation of the Least Squares Regression Line and what the interpretation of the slope for weight of car is? Then performing a T-test, determine what the value of the t stastitic is if we wanted to test if there is a significant straight-line relationship between the weight and the mileage of a car.
- Select all the "vs fit residual plots" that violate the conditions for linear regression. Ob Oc a None of the Above Explain your reasoning for each b CA statistics student wanted to determine if the distance to a destination was related to the price an airline would charge to fly to that destination. The student did a regression of airfare, y, on distance, x, and obtained the printout shown below from a statistical software package. Predictor Coef Constant 83.02 Distance 0.117 Oŷ= 0.117+83.02x Oy=83.02 +0.117x Oy= 49.29 + 83.02x Oŷ= 0.028 + 0.117x Oy=83.02 + 25.25x 1 SE Coef 49.29 0.028 S = 25.25 R-Sq = 63.2 % Which of the following is the correct equation of the least-squares line? Mark this and return t-ratio 1.689 4.179 R-Sq (Adj) = 64.7% Save and Exit р 0.046 0.000 di I tv Next AM Submit AaWhich of the following is not an assumption for simple linear regression? Select one: a. Normally distributed residuals b. Linear relationship c. Normally distributed variables d. Multicollinearity e. Constant variance Please answer within 30 minutes.