Exhibit 14-33Regression analysis was performed between sales data (in $1000s) and price data (in $100s), and the followinginformation was obtained.Ỹ = 200 - 1.25xn = 25SSR = 312SSE = 46Standard error of the slope coefficient = 0.654Refer to Exhibit 14-33. The statistic for testing the significance of the slope is-1.91.578-1.966.709

Answered: Image /qna-images/answer/1b009bb3-865c-4304-9543-42422b786176.jpg

Answered: Regression analysis was performed…

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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The accompanying data are the number of wins and the earned run averages (mean number of earned runs allowed per nine innings pitched) for eight baseball pitchers in a recent season. Find the equation of the regression line. Then construct a scatter plot of the data and draw the regression line. Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. If the x-value is not meaningful to predict the value of y, explain why not. (a) x = 5 wins Click the icon to view the table of numbers of wins and earned run average. (b) x = 10 wins (c) x = 21 wins (d) x = 15 wins ERA 6- ERA 6- AERA 6- ERA 6- 4- 4- 4- 4- 2- 2- 2- 2- 0+ 6 0- 0- 0- 12 18 24 6. 12 18 24 12 18 24 6 12 18 24 Wins Wins Wins Wins (a) Predict the ERA for 5 wins, if it is meaningful. Select the correct choice below and, if necessary, fill in the answer box within your choice. A. ŷ= (Round to two decimal places as needed.) B. It is not meaningful to predict this value of y because…
A local retail store compared their monthly sales of umbrellas with the amount of rainfall that occured during that month. They computed the following statistics: Rainfall (in) # of umbrellas mean = 4.64 mean = 34.2 SD = 1.17 SD = 13.2 r = 0.8 1. Find the equation for the regression line that predicts the monthly sales of umbrellas from monthly rainfall.
Which is correct?
State the regression equation and use it to predict taxes for a house with lot size 10K.
Nine pairs of data yield a regression equation of y=0.93x + 19.4, with r= 0.967 and an average y value of 64.70. What is best predicted value for y when x =65? Is it 79.85, 25.74, 89.61, 57.82, 70.55, 96.70, 19.40, or 64.70?
A regression analysis was performed to determine if there is a relationship between hours ofTV watched per day r) and number of sit ups a person can do (y). The results of the regression were: у-ах+b a=-0.827 b=35.329 r2=0.540225 r=-0.735 Use this to predict the number of sit ups a person who watches 13.5 hours of TV can do, and please round your answer to a whole number.
Which of the slopes matches best with the slope of the data in the scatter plot? would it be m = 3/8?, m = 8/3?, m = - 3/8? or would it be m = - 8/3???
The following data represent the number of flash drives sold per day at a localcomputer shop and their prices.Price Units Sold34 336 432 635 530 938 240 1a. Develop the estimated regression equation that could be used to predict thequantity sold given the price. Interpret the slope.b. Did the estimated regression equation provide a good fit? Explain.c. Compute the sample correlation coefficient between the price and the number offlash drives sold. Use a= 0.01 to test the relationship between price and units sold.d. How many units can be sold per day if the price of flash drive is set to $28.
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
I need in one hour pls help thankyou
A regression was run to determine if there is a relationship between hours of TV watched per day (x) and number of situps a person can do (y).The results of the regression were:y=ax+b a=-1.075 b=27.958 r2=0.919681 r=-0.959 Use this to predict the number of situps a person who watches 12 hours of TV can do (to one decimal place)

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