Suppose the analyst constructs the simple linear regression model y = a + fin (x) +e. She estimates it to be 9-1-2ln (x). What is the residual in Excel output for the pair of observations x = 1.5 and y = 2?
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- The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) mported by a country, for the last seven years. Construct and interpret a 95% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,508 thousand barrels per day. The equation of the regression line is y = - 1.120x + 15,839.271. Oil produced, x 5,684 5,654 5,452 5,157 5,061 5,030 5,826 9,680 10,041 10,154 10,121 10,060 Oil imported, y 9,304 9,105 Construct and interpret a 95% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,508 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) and O A. We can be 95% confident that when the amount of oil produced is 5,508 thousand barrels, the…The General Aviation Manufacturers Association has reported annual flying hours and fuel consumption for airplanes with a single, piston-driven engine as listedin file XR15057. Data are in millions of flying hours and millions of gallons of fuel, respectively. Determine the linear regression equation describing fuel consumption as a function of flying hours, then identify and interpret the slope, the coefficient of correlation, and the coefficient of determination. At the 0.05 level of significance, could the population slope and the population coefficient of correlation be zero? Determine the 95% confidence intervalfor the population slope.(you can see file XR15057 from photo)The scatter plot below shows the average cost of a designer jacket in a sample of years between 2000 and 2015. The least squares regression line modeling this data is given by yˆ=−4815+3.765x. A scatterplot has a horizontal axis labeled Year from 2005 to 2015 in increments of 5 and a vertical axis labeled Price ($) from 2660 to 2780 in increments of 20. The following points are plotted: (2003, 2736); (2004, 2715); (2007, 2675); (2009, 2719); (2013, 270). All coordinates are approximate. Interpret the slope of the least squares regression line. Select the correct answer below: 1.The average cost of a designer jacket decreased by $3.765 each year between 2000 and 2015. 2.The average cost of a designer jacket increased by $3.765 each year between 2000 and 2015. 3.The average cost of a designer jacket decreased by $4815 each year between 2000 and 2015. 4. The average cost of a designer jacket increased by $4815 each year between 2000 and…
- Consider the multiple regression model to investigate the relationship between the number of fishes (Y) per section of the stream and the following independent variables: dissolved oxygen (3 < oxy < 10, in mg/liter), maximum depth (1 < maxdepth < 8, in feet), and water temperature (5< temp < 20, in °C). The location of the stream was also considered (lowland and upland). Y-hat = 23.09 + 0.199*oxy + 0.3361*maxdepth +8.6730*temp + 3.8290* lowland. Which of the following is(are) TRUE about the estimated regression coefficient for location of the stream? 1. The location of the stream is a categorical variable, so it is represented by a dummy variable with upland stream as the reference variable. II. Holding other factors constant, the number of fishes in lowland is 3.8290 higher than upland streams. O A. I only O B. II only O C. Both I and II O D. Neither I nor IIThe table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last 7 years. Construct and interpret a 98% prediction interval for the amount of oil imported by the country and the amount of oil produced by the country is 5,483 thousand barrels per day. The equation of the regression line is y = -1.194x + 16,234.906Suppose there is 1 dependent variable (dissolved oxygen, Y) and 3 independent variables (water temp X1, depth X2, and hardness of water X3). Below is the result of the multiple linear regression.Which of the following statements is TRUE? Both intercept and water temperature are the significant predictors of the amount of dissolved oxygen. If all other predictor variables are held constant, the amount of dissolved oxygen decreases on the average by 0.15 for every 1 unit increase in depth. Hardness is also a significant predictor of the amount of dissolved oxygen since its coefficient -0.04 is less than 0.05. The intercept has strong linear relationship with the amount of dissolved oxygen.
- Suppose there is 1 dependent variable (dissolved oxygen, Y) and 3 independent variables (water temp X1, depth X2, and hardness of water X3). Below is the result of the multiple linear regression.Which of the following is the equation of the multiple regression model? Y = 4.36 + 0.37X1 + 0.24X2 + 0.04X3 Y = 0.00 + 0.02X1 + 0.56X2 + 0.37X3 Y = 24.84 - 1.17X1 - 0.15X2 - 0.04X3 Y = 5.69 – 3.20X1 - 0.61X2 -0.95X3A study of king penguins looked for a relationship between how deep the penguins dive to seek food and how long they stay underwater. For all but the shallowest dives, there is a linear relationship that is different for different penguins. The study report gives a scatterplot for one penguin titled " The relation of dive duration (DD) to depth (D)." Duration DD is measured in minutes and depth D is in meters. The report then says, " The regression equation for this bird is: DD = 2.3 + 0.0021 D. %3D (a) What is the slope of the regression line?. ANSWER minutes per meter. (b) According to the regression line, how long does a typical dive to a depth of 400 meters last? ANSWER minutes.A study of king penguins looked for a relationship between how deep the penguins dive to seek food and how long they stay underwater. For all but the shallowest dives, there is a linear relationship that is different for different penguins. The study report gives a scatterplot for one penguin titled, “The relation of dive duration (DD) to depth (D).” Duration DD is measured in minutes, and depth D is in meters. The report then says, “The regression equation for this bird is DD=2.69+0.0138D. (a) What is the slope of the regression line? (Enter your answer rounded to four decimal places.) slope = (b) On average, if the depth of the dive increases by one meter, what is the increase in the diving duration? (Enter your answer rounded to four decimal places.) increase in duration = minutes (c) According to the regression line, how long does a typical dive to a depth of 168 meters last? (Enter your answer rounded to three decimal places.) length…
- Using a sample of recent university graduates, you estimate a simple linear regression using initial annual salary as the dependent variable and the graduate's weighted average mark (WAM) as the explanatory variable. If the regression model has an estimated intercept of 3200 and an estimated slope coefficient of 550, what is the predicted starting salary of a student with a WAM of 64?A professor in the School of Business in a university polled a dozen colleagues about the number of professional meetings they attended in the past five years (x) and the number of papers they submitted to refereed journals (y) during the same period. The summary data are provided. Fit a simple linear regression model between x and y by finding out the estimates of intercept and slope. Comment on whether attending more professional meetings would result in publishing more papers. n n n = 12, x = 4, y = 12, X₁Y₁ = 320 i=1 x² = 234, i=1 The estimated regression line is y = 36.4 + (-6.10 )x. (Round to two decimal places as needed.) Comment on whether attending more professional meetings would result in publishing more papers. Let it be unclear that attending more professional meetings affects the number of published papers if the value used to make that determination is between 1 and 1. Because the of the regression equation is it would appear that attending more professional meetings ▼The y-intercept in a linear regression model is always relevant and of interest to investigators for every model constructed. True False