Questions: (Sections 4.1-4.2) a) Using the Cost and Grad-Rate paired data, find the linear correlation coefficient. b) Is there a linear correlation between the two variables? Show how you arrive at your conclusion. c) Find the regression equation with response variable (y) expressed in terms of explanatory variable (x). d) Draw a scatter diagram and include the regression line. No free hand drawing will be accepted. Use graph paper and a straight edge or technology. e) Interpret the slope and the y-intercept, if appropriate. f) What is the predicted graduation rate for a cost of $150,000? Show work. g) Find the residual for Fisher College. Is this above or below average? Show work.
Questions: (Sections 4.1-4.2) a) Using the Cost and Grad-Rate paired data, find the linear correlation coefficient. b) Is there a linear correlation between the two variables? Show how you arrive at your conclusion. c) Find the regression equation with response variable (y) expressed in terms of explanatory variable (x). d) Draw a scatter diagram and include the regression line. No free hand drawing will be accepted. Use graph paper and a straight edge or technology. e) Interpret the slope and the y-intercept, if appropriate. f) What is the predicted graduation rate for a cost of $150,000? Show work. g) Find the residual for Fisher College. Is this above or below average? Show work.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:1.
The data represent the cost and graduation rate for a random sample of 50 colleges or
universities in the United States. The data are from payscale.com. The variable "Cost" represents the
four-year cost including tuition, supplies, room and board of attending the school. The variable
"Grad Rate" represents the graduation rate of the school.
School
University of Wyoming (In-State)
Texas A & M University-Corpus Christi (In-State)
University of Wisconsin-Eau Claire (In-State)
University of Southern California (Private)
Columbus College of Art and Design (Private)
University of Central Oklahoma (In-State)
Baker University (Private)
Colorado School of Mines (In-State)
University of St Francis (Private)
Jacksonville University (Private)
SUNY College at Potsdam (In-State)
Bryn Mawr College (Private)
Eastern Connecticut State University (Out-of-State)
Greensboro College (Private)
Carthage College (Private)
Jackson State University (In-State)
University of Nebraska at Omaha (In-State)
LaGrange College (Private)
University of Vermont (In-State)
Pennsylvania State University-Main Campus (Out-of-State)
Washburn University (In-State)
Lake Erie College (Private)
University of South Dakota (Out-of-State)
Roger Williams University (Private)
Oregon Institute of Technology (Out-of-State)
California State University-Fullerton (Out-of-State)
Hamline University (Private)
The University of Texas of the Permian Basin (In-State)
California State University-Sacramento (In-State)
Eastern Oregon University (In-State)
Cost (x) Grad Rate (y)
75600
55
84400
35
77200
68
264000
92
179000
61
76600
38
163000
55
125000
77
168000
63
192000
42
89400
52
252000
83
149000
54
162000
44
206000
63
87200
38
80300
45
169000
47
122000
74
193000
86
73500
34
168000
45
93800
55
201000
64
153000
47
145000
62
194000
72500
95700
85900
59
34
49
31

Transcribed Image Text:Western New Mexico University (In-State)
Spring Hill College (Private)
D'Youville College (Private)
Southeastern University (Private)
Eastern Nazarene College (Private)
Regis University (Private)
Arkansas State University-Main Campus (In-State)
University of Central Arkansas (In-State)
CUNY Bernard M Baruch College (In-State)
University of Wisconsin-Oshkosh (Out-of-State)
University of Missouri-Columbia (Out-of-State)
Centenary College (Private)
Florida Institute of Technology (Private)
Eastern Washington University (In-State)
Fisher College (Private)
University of California-San Diego (Out-of-State)
Christopher Newport University (In-State)
The University of Texas of the Permian Basin (Out-of-State)
The University of Texas at Austin (In-State)
Marygrove College (Private)
85200
198000
157000
141000
165000
191000
85200
80400
116000
103000
158000
182000
223000
88000
194000
223000
109000
91600
104000
124000
20
53
45
41
46
68
45
42
66
53
68
60
58
47
34
87
75
34
81
24
Questions: (Sections 4.1-4.2)
a) Using the Cost and Grad-Rate paired data, find the linear correlation coefficient.
b)
Is there a linear correlation between the two variables? Show how you arrive at your
conclusion.
c) Find the regression equation with response variable (y) expressed in terms of explanatory
variable (x).
d) Draw a scatter diagram and include the regression line. No free hand drawing will be
accepted. Use graph paper and a straight edge or technology.
e) Interpret the slope and the y-intercept, if appropriate.
f) What is the predicted graduation rate for a cost of $150,000? Show work.
g)
Find the residual for Fisher College. Is this above or below average? Show work.
||
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