Run a linear regression analysis on the following data set with y as the response variable.Use at least 3 decimal places in your regression equation.Xy74.264.318.8-2879.7138.937.4-7.868.212.456.59165.5128.179.581.1What is the predicted value of the response variable when the explanatory variable has value 45.3?y =Round to 1 decimal place.

Answered: Image /qna-images/answer/153836a1-bd5b-4c28-9421-8912eb1ec726.jpg

Answered: Run a linear regression analysis on the…

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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It is inferred that the tip amount has a relationship with value of a dinner bill. The collected data is presented in the table. Conduct a regression analysis. X - Bill ($) 33.46 50.68 87.92 98.84 63.60 107.34 Y - Tip ($) 5.70 5.00 8.08 17.00 12.00 16.00
Run a regression analysis on the following bivariate set of data with y as the response variable. x y -9.7 -66.2 5.6 28.3 -4.5 11.9 35.6 94.9 15.7 21.1 30.8 86.3 48.7 127.9 13 57.3 35.3 109 23.6 32.4 58 166.3 28.1 64.4 19.1 51.5 25.6 53.3 46.1 186.4 43.5 128 Predict what value (on average) for the response variable will be obtained from a value of 14.8 as the explanatory variable. Use a significance level of α=0.05 to assess the strength of the linear correlation.What is the predicted response value? y =
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