Question 21. The scatter plot below shows the bivariate relationship between labour input (workers) andfactory output.300280Output26024022020046.8.1012labour inputWhat modification should be made to the regression?O The dependent variable should be changed to Infoutput).O The regression should have a quadratic term (labour input) as an independent variable.O The regression method cannot be modified because the relationship is not a straight line.O The regression should have a dummy variable which equals 1 if workers have been to university.

Question 21. The scatter plot below shows the Bl factory output. 300 280 Output 260 240 220 200 4 8. 10 12 labour input What modification should be made to the regression? O The dependent variable should be changed to Infoutput). The regression should have a quadratic term (labour input) as an independent variable. O The regression method cannot be modified because the relationship is not a straight line. O The regression should have a dummy variable which equals 1 if workers have been to university.

Question 21. The scatter plot below shows the Bl factory output. 300 280 Output 260 240 220 200 4 8. 10 12 labour input What modification should be made to the regression? O The dependent variable should be changed to Infoutput). The regression should have a quadratic term (labour input) as an independent variable. O The regression method cannot be modified because the relationship is not a straight line. O The regression should have a dummy variable which equals 1 if workers have been to university.

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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In R there is a dataset called diamonds that contains measurements of about 500 diamonds sold in the US. There are three variables present: price (price in US dollar), carat (weight of the diamond), and table (width of top of diamond relative to the widest point). The attached image is a screenshot of the R dataset with the regression table and all that. ANSWER THIS QUESTION IN WORDS: Discuss the regression between the variables table and price. You should address the explanatory variable, response variable, correlation, and sign. You should interpret the slope, the t and p-value, and how much is explained by the response.
The table below shows the number of state-registered automatic weapons and the murder rate for several Northwestern states. x 11.3 8.5 y 13.4 7 3.6 2.6 2.2 2.6 0.8 11 10.2 7.4 6 5.7 6.3 4.9 * = thousands of automatic weapons y = murders per 100,000 residents Determine the regression equation in y = ax + b form and write it below. (Round to 2 decimal places) A) How many murders per 100,000 residents can be expected in a state with 10.1 thousand automatic weapons? Answer = Round to 3 decimal places. B) How many murders per 100,000 residents can be expected in a state with 9.9 thousand automatic weapons? Answer = Round to 3 decimal places.
Many small companies buy advertising without considering its effect. The marketing manager is trying to make the case that "you have to spend money to make money." Spending on billboard advertise ments, in the manager's opinion, has a direct effect on sales. These are records for 7 months in 1000s: Monthly expenditure on 21 25 billboards 16 42 34 10 19 Monthly sales Develop a regression estimating equation. If the monthly expenditure on billboards is 20,000/- what is the monthly sale generated 34 14 48 32 26 29 20
3. Suppose that the following import function for Turkey is estimated for Turkey between 1980-2015. Import, a, + a,GDP; + ażER¸ + ut In order to measure the impact of 2001 crisis the regression is estimated based on the whole and two subsamples and the following RSS are obtained. Time period: 1980-2000 , RSS1= 69 Time period: 2001-2015, RSS2 =35 Time period: 1980-2015 , RSS = 160 Carry out the Chow test whether the regressions for the two periods are different at 5% significance level. (35 P)
Suppose that a simple linear regression model is appropriate for describing the relationship between y = house price (in dollars) and x = house size (in square feet) for houses in a large city. The population regression line is y = 22,500 + 43x and ?e = 4,000. b) Approximately what proportion of 2,000 sq ft homes would be priced over $110,000? (You may need to use a table. Round your answer to four decimal places.) Approximately what proportion of 2,000 sq ft homes would be priced under $100,000? (You may need to use a table. Round your answer to four decimal places.)
Which of the following statements best describes linear regression? A measure of the degree of dependence between two variables. A statistical technique using pairs of data and identifying a line which ‘best fits’ all of the pairs of observations. A measure of the proportion of changes in the dependent variable which can be explained by a change in the independent variable. Shows individual costs against their associated activity levels but makes no attempt to identify a linear relationship between them.
Below table contains a data sample where X is the independent, and Y the dependent variable. Using the data, please conduct a regression analysis. Determine first the regression equation with the help of below graph and table, then answer all the questions. 1. The value of cell a is 2. The value of cell b is 3: The value of cell c is 4: The value of cell d is 5: The value of cell e is 6: The value of cell f is 7: The value of cell g is 8. The value of cell h is 9: The value of cell i is 10: The value of cell j is 11: The value of cell k is 12: The value of cell l is 13: The value of cell m is 14: The value of cell n is 15: The value of cell o is 16: The value of cell p is 17: The value of cell q is 18: The value of cell r is 19: The value of cell s is 20: The value of cell t is 21: The value of cell u is 22: The value of cell v is 23: The value of cell w is 24: The value of cell x is 25: The value of cell y is 26: The value of cell z is 27: The value of cell aa is 28: The value of cell…
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The table shows a country's average fuel consumption for "light duty" vehicles (passenger cars and small trucks) for several years. Let x be the number of years since 1985, so that x = 5 stands for 1990 and so forth. Year Fuel Economy (mpg) 1990 16.9 1995 17.7 2000 18.3 (a) Find the linear regression model for these data. What does the slope in the regression model represent? 2005 18.9 (b) Use the linear regression model to predict the country's average fuel economy for light duty vehicles in the year 2035. 2010 19.6 (a) Find the linear regression model for these data. Choose the correct answer below. (Use integers or decimals for any numbers in the equation. Round to the nearest hundredth as needed.)