Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during theprevious month. Gershon has collected the data shown in the following table:Maroon 5 TV AppearancesDemand for Guitars3 4627 574This exercise contains only parts b, c, and d.b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places):Y = 0.08571 + 1.014 x99c) The estimate for guitar sales if Maroon 5 performed on TV 9 times = 9.21 sales (round your response to two decimal places).d) The correlation coefficient (r) for this model = 0.8820 (round your response to four decimal places).The coefficient of determination (2) for this model =(round your response to four decimal places).67

The question is about regression.Given :

Answered: Mark Gershon, owner of a musical…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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An engineer wants to determine how the weight of a car, x, affects gas mileage, y. The following data represent the weights of various cars and their miles per gallon. Car A B D E Weight (pounds), x Miles per Gallon, y 2545 3070 3375 3805 4250 24 32.6 24.5 24.6 18.2 (a) Find the least-squares regression line treating weight as the explanatory variable and miles per gallon as the response variable. Write the equation for the least-squares regression line. (Round the x coefficient to five decimal places as needed. Round the constant to one decimal place as needed.) (b) Interpret the slope and intercept, if appropriate. Choose the best interpretation for the slope. O A. The slope indicates the mean change in miles per gallon for an increase of 1 pound in weight. O B. The slope indicates the mean miles per gallon. O C. The slope indicates the ratio between the mean weight and the mean miles per gallon. O D. The slope indicates the mean weight. O E. It is not appropriate to interpret the…
Is It Getting Harder to Win a Hot Dog Eating Contest?Every Fourth of July, Nathan’s Famous in New York City holds a hot dog eating contest. The table below shows the winning number of hot dogs and buns eaten every year from 2002 to 2015, and the data are also available in HotDogs. The figure below shows the scatterplot with the regression line. Year Hot Dogs 2015 62 2014 61 2013 69 2012 68 2011 62 2010 54 2009 68 2008 59 2007 66 2006 54 2005 49 2004 54 2003 45 2002 50 Winning number of hot dogs in the hot dog eating contest Winning number of hot dogs and buns Click here for the dataset associated with this question. (a) Is the trend in the data mostly positive or negative? Positive Negative (b) Using the figure provided, is the residual larger in 2007 or 2008?Choose the answer from the menu in accordance to item (b) of the question statement 20072008 Is the residual positive or…
Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table: Maroon 5 tv appearances 3 4 7 6 8 5 Demand for guitars 3 6 7 5 10 7 b) Using the least squares regression method, the equation for forecasting is (round your response to four decimal places) y=[_]+[_]x
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Section 10.2 Question #11 The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $11million. Is the result close to the actual number of viewers, 3.3 million? Use a significance level of 0.05. Salary (millions of $) 108 15 2 15 3 8 4 14 Viewers (millions) 9.1 9.3 10.9 1.3 4.8 4.8 3.2 1.8 View the critical values of the Pearson correlation coefficient r. Critical values of the pearson correlation coefficient r n α=0.05 α=0.01 NOTE: To test H0: ρ=0 against H1: ρ≠0,reject H0if the absolute value of r is greater than the critical value in the table. 4 0.950 0.990 5 0.878 0.959 6 0.811 0.917 7 0.754 0.875 8 0.707 0.834 9 0.666 0.798 10 0.632 0.765 11 0.602 0.735…
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Mark Gershon, owner of a musical instrument distributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 during the previous month. Gershon has collected the data shown in the following table: Maroon 5 TV Appearances Demand for Guitars 3 4 5 8 6 5 9 6 8 8 6 9 This exercise contains only parts b, c, and d. b) Using the least-squares regression method, the equation for forecasting is (round your responses to four decimal places): Y=0+0x

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