Run a regression analysis on the following bivariate set of data with y as the response variable. X y 71.6 9.8 41.4 75.6 60.4 17.1 44.8 50.7 37.7 62 52.6 40.6 60.1 10.4 55.6 38.9 74.2 -6.6 49.7 33.6 43.9 54.8 Verify that the correlation is significant at an a = 0.05. If the correlation is indeed significant, predict hot v

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**Regression Analysis Exercise**

**Objective:** Run a regression analysis on the following bivariate dataset, with \(y\) as the response variable.

| \(x\)  | \(y\)  |
|-------|-------|
| 71.6  | 9.8   |
| 41.4  | 75.6  |
| 60.4  | 17.1  |
| 44.8  | 50.7  |
| 37.7  | 62.0  |
| 52.6  | 40.6  |
| 60.1  | 10.4  |
| 55.6  | 38.9  |
| 74.2  | -6.6  |
| 49.7  | 33.6  |
| 43.9  | 54.8  |

**Task:** Verify that the correlation is significant at \(\alpha = 0.05\). If the correlation is indeed significant, predict what value (on average) for the explanatory variable will give you a value of 45.9 on the response variable.

**Question:** What is the predicted explanatory value?

\(x = \underline{\hspace{1cm}}\) 

**Instructions:** Use statistical software or a calculator to determine the significance of the correlation and derive the regression equation to make predictions.
Transcribed Image Text:**Regression Analysis Exercise** **Objective:** Run a regression analysis on the following bivariate dataset, with \(y\) as the response variable. | \(x\) | \(y\) | |-------|-------| | 71.6 | 9.8 | | 41.4 | 75.6 | | 60.4 | 17.1 | | 44.8 | 50.7 | | 37.7 | 62.0 | | 52.6 | 40.6 | | 60.1 | 10.4 | | 55.6 | 38.9 | | 74.2 | -6.6 | | 49.7 | 33.6 | | 43.9 | 54.8 | **Task:** Verify that the correlation is significant at \(\alpha = 0.05\). If the correlation is indeed significant, predict what value (on average) for the explanatory variable will give you a value of 45.9 on the response variable. **Question:** What is the predicted explanatory value? \(x = \underline{\hspace{1cm}}\) **Instructions:** Use statistical software or a calculator to determine the significance of the correlation and derive the regression equation to make predictions.
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correlation coefficient

r=(xi-x¯)(yi-y¯)(xi-x¯)2(yi-y¯)2

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