Student Zeynep Derya Hakan Demet Erkan Y 30 80 60 40 20 X 2543 2 1 Σ(»,} = 2320 , ΣΧΥ = 840 , Σxy =150, Y = 46, X=3, [x² = 55, ΣX = 15 Some data you can use in your calculations a) Calculate the parameters of the linear regression model with any method you want b) Interpret the estimated parameters. c) Draw the scatter diagram and the regression line.
Student Zeynep Derya Hakan Demet Erkan Y 30 80 60 40 20 X 2543 2 1 Σ(»,} = 2320 , ΣΧΥ = 840 , Σxy =150, Y = 46, X=3, [x² = 55, ΣX = 15 Some data you can use in your calculations a) Calculate the parameters of the linear regression model with any method you want b) Interpret the estimated parameters. c) Draw the scatter diagram and the regression line.
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:Student
Zeynep
Derya
Hakan
Demet
Erkan
Σw =150 , Υ = 46
Y
30
80
60
40
20
X
2
5
4
3
1
Σ(v,) = 2320 ΣΧΥ, = 840
"
X=3, Σx =55, ΣΧ =15
"
Some data you can use in your calculations.
a) Calculate the parameters of the linear regression model with any method you want
b) Interpret the estimated parameters.
c) Draw the scatter diagram and the regression line.
d) Calculate the sum of the error terms, the squares of the error terms, and the squares of
the error terms.
e) Calculate the variance and standard deviation of the error terms.
f) Calculate the variance and standard deviation of the parameter estimators.
g) Calculate the confidence interval of the parameters at the 5% significance level (t table
value is 3.128).
h) Calculate and interpret the point elasticity for Hakan.
i) Calculate the total variability, the explained variability, and the unexplained variability.
j) Draw and fill in the analysis of variance (ANOVA) table
k)
Calculate and interpret the coefficient of determination (R²).
1)
Calculate the F value, set up the relevant hypothesis test, and interpret for a= 0.05
significance level (F table value is 10.12).
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 5 steps with 10 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman