Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output:Regression Statistics.Multiple RR SquareObservationsInterceptProduction (X)Multiple ChoiceWhat is Star's variable cost per unit?O$0.93$2.87$11.930.98140.957630$12.89Coefficients Standard Error T Stat P-Value2.870.02174,18211.9312.89060,7820.9256

The least square regression analysis helps us to identify the association or correlation between…

Answered: Star, Inc. used Excel to run a…

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 datasetBody.xlsgives the percent of weight made up of body fat for 100 men as well as other variables such as Age, Weight (lb), Height (in), and circumference (cm) measurements for the Neck, Chest, Abdomen, Ankle, Biceps, and Wrist. We are interested in predicting body fat based on abdomen circumference. Find the equation of the regression line relating to body fat and abdomen circumference. Make a scatter-plot with a regression line. What body fat percent does the line predict for a person with an abdomen circumference of 110 cm? One of the men in the study had an abdomen circumference of 92.4 cm and a body fat of 22.5 percent. Find the residual that corresponds to this observation. Bodyfat Abdomen 32.3 115.6 22.5 92.4 22 86 12.3 85.2 20.5 95.6 22.6 100 28.7 103.1 21.3 89.6 29.9 110.3 21.3 100.5 29.9 100.5 20.4 98.9 16.9 90.3 14.7 83.3 10.8 73.7 26.7 94.9 11.3 86.7 18.1 87.5 8.8 82.8 11.8 83.3 11 83.6 14.9 87 31.9 108.5 17.3…
A pediatrician wants to determine the relation that exists between a child's height, x, and head circumference, v. She randomly selects 11 children from her practice, measures their heights and head circumferences, and obtains the accompanying data. Complete parts (a) through (g) below. A Click the icon to view the children's data. (a) Find the least-squares regression line treating height as the explanatory variable and head circumference as the response variable. y=x+ (D (Round the slope to three decimal places and round the constant to one decimal place as needed.) (b) Interpret the slope and y-intercept, if appropriate. First interpret the slope. Select the correct choice below and, if necessary. in the answer box to complete your choice. O A. For every inch increase in height, the head circumference increases by (Round to three decimal places as needed.) in., on average. O B. For a height of 0 inches, the head circumference is predicted to be (Round to three decimal places as…
A nonprofit analyst considered two independent variables as a predictor for the dependent variable Commitment, the percent of total expenses that are allocated to charitable services. The independent variables are Revenue, total revenue in billions of dollars, andEfficiency, the percent of private donations remaining after fundraising expenses. The regression analysis resulted in this ANOVA table. Determine whether there is a significant relationship between commitment and the two independent variables at the 0.01 level of significance. Source Degrees of Freedom Sum of Squares Mean Square F p-value Regression 2 3640.0416 1820.02 51.0429 <.0001 Error 87 3102.1301 35.66 Total 89 6742.1717 Determine the p-value. The p-value is ________ (Round to three decimal places as needed.)
Is It Getting Harder to Win a Hot Dog Eating Contest?Every Fourth of July, Nathan’s Famous in New York City holds a hot dog eating contest. The table below shows the winning number of hot dogs and buns eaten every year from 2002 to 2015, and the data are also available in HotDogs. The figure below shows the scatterplot with the regression line. Year Hot Dogs 2015 62 2014 61 2013 69 2012 68 2011 62 2010 54 2009 68 2008 59 2007 66 2006 54 2005 49 2004 54 2003 45 2002 50 Winning number of hot dogs in the hot dog eating contest Winning number of hot dogs and buns Click here for the dataset associated with this question. (a) Is the trend in the data mostly positive or negative? Positive Negative (b) Using the figure provided, is the residual larger in 2007 or 2008?Choose the answer from the menu in accordance to item (b) of the question statement 20072008 Is the residual positive or…
A study was conducted to determine the relationship between starting salaries (RM thousands) for recent statistics graduates and their grade point averages in the major course. A linear regression model was fitted to the data and the estimates regression function was obtained. Part of the computer output for the above analysis is given below: ANOVA Model Sum of df Mean F Sig. Squares Square Regression 147.28 .000 Error 734.9 40.828 Total 6748.2 Coefficients Unstandardized Coefficients Model Sig. Std. B Error Constant GPA -8.42 3.007 3.395 0.2477 -2.48 12.14 0.011 0.000 (a) Complete the ANOVA table (blue boxes). (b) Write down the estimated regression function. Interpret the estimated parameters. (c) Test whether there is a linear association between salaries and grade point average. Use a = 0.05. (d) Determine the coefficient of determination for the model and interpret its meaning.
For linear regression with one variable, the unpredicted portion of the Y-score variance (MS residual) has df = n - 2. True False Submit Answer
Report the equation of the regression line and interpret it in the context of the problem
Draw a graph of the least-squares regression line on your scatterplot. (For hand-drawing, round the slope and y-intercept to one decimal place before drawing the line.) Be sure to show how you were able to plot the line starting with its equation. Model City Miles per Gallon Highway Miles per Gallon Acura RLX 20 29 BMW 530i 24 34 Buick LaCrosse eAssist 25 35 Chevrolet Malibu 29 36 Ford Hybrid FWD 43 41 Honda Civic 32 42 Infiniti Q50 Red Sport 20 26 Kia Forte 30 40 Lexus ES 350 22 33 Mercedes Benz AMG S 21 30 Mini Cooper Clubman 24 32 Nissan Maxima 20 30 Suburu Legacy AWD 25 34 Toyota Prius ECO 58 53
The local utility company surveys 12 randomly selected customers. For each survey participant, the company collects the following: annual electric bill (in dollars) and home size (in square feet). Output from a regression analysis appears below: Bill 13.45 + 4.39*Size Coefficients Estimate Std. Error (Intercept) 13.45 Size 4.39 0.54 0.2 We are 90% confident that the mean annual electric bill increases by between dollars and dollars for every additional square foot in home size. Round your answers to three decimal places and enter in increasing order.
Bluereef real estate agent wants to form a relationship between the prices of houses, how many bedrooms, House size in sq ft and Lot Size in sq ft. The data pertaining to 100 houses were processed using MINITAB and the following is an extract of the output obtained: The regression equation is Price = B + ¢Bedroom + yHouse Size + ALot Size Predictor Сoef SE Coef т P Constant 37718 14177 2.66 ** Bedrooms 2306 6994 0.33 0.742 House Size 74.3 52.98 0.164 Lot Size -4.36 17.02 -0.26 0.798 S= 25023 R-Sq=56.0% R-Sq(adj)=54.6% Source DF MS F P Regression 3 76501718347 25500572782 Residual Error 96 60109046053 626135896 Total 99 • Is y significantly different from -0.5? Perform the F test at the 1% level, making sure to state the null and alternative hypotheses. Give an interpretation to the term “R-sq" and comment on its value.
A regression of infant mortality rates (annual deaths per hundred births) on median annual household income (in thousands of dollars) is performed on data collected from 40 counties. The results are summarized as follows. Intercept: Slope: 18.46 -0.14 Sum of df Mean Squares Square Regression Residual Total 2.4 4.5 (a) Fill in the blanks in the ANOVA table (b) What is the predicted infant mortality rate in a county where the median household income is $40,000? (c) In words, what is the meaning of the coefficient -0.14? Do NOT simply say that this is the slope or the regression coefficient. Indicate what it means and how it can be interpreted.
Which of the multivariate regression parameters listed below would be best interpreted as: the proportion of variation in the dependent variable explain by all the independent variables in the model. a b1 X1 R2

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