Suppose you have a Simple population regression function describe as follows Y₁ = Bo + B₁X₁ + εi derive the ordinary least squares estimator of the coefficients.
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- In a study, nine tires of a particular brand were driven on a track under identical conditions. Each tire was driven a particular controlled distance (measured in thousands of miles) and the tread depth was measured after the drive. Tread depth is measured in "mils." Here, 1 mil is 0.001 inch. The equation of the least-squares regression line is: y-hat 360.64 - 11.39x Also, r = 0.9762. For every 1,000 miles driven, the decrease in tread depth (in mils) can be estimated as: 246.74 mils. 11.39 mils. 275.6 mils. O 360.64 mils.Which of the following best describes the least-squares line fit to the data shown in the plot? (i) bo = 0, bị =-1 (ii) bo = -3, b₁ = 1 (iii) bo-5, b₁ = 2 (iv) bo = −3, bị =-1 (v) bo = 0, b₁ = -3 2 XThe null hypothesis being tested in the least-squares regression output for B is B1 = B1,0=1. True False
- Suppose Wesley is a marine biologist who is interested in the relationship between the age and the size of male Dungeness crabs. Wesley collects data on 1,000 crabs and uses the data to develop the following least-squares regression line where X is the age of the crab in months and Y is the predicted value of Y, the size of the male crab in cm. Y = 8.2052 + 0.5693X What is the value of Ý when a male crab is 21.7865 months old? Provide your answer with precision to two decimal places. Interpret the value of Ý. The value of Ý is the probability that a crab will be 21.7865 months old. the predicted number of crabs out of the 1,000 crabs collected that will be 21.7865 months old. the predicted incremental increase in size for every increase in age by 21.7865 months. the predicted size of a crab when it is 21.7865 months old.There may be an association between a country's birthrate and the life expectancy of its inhabitants. A report this past year, coming from a random sample of 20 countries, contained the following information: the least-squares regression equation relating the two variables number of births per one thousand people (denoted by x) and female life expectancy (denoted by y and measured in years) is y = 82.28 – 0.51 x, and the standard error of the slope of this least-squares regression line is approximately 0.35. Based on this information, test for a significant linear relationship between these two variables by doing a hypothesis test regarding the population slope B,. (Assume that the variable y follows a normal distribution for each value of x and that the other regression assumptions are satisfied.) Use the 0.10 level of significance, and perform a two-tailed test. Then complete the parts below. (If necessary, consult a list of formulas.) (a) State the null hypothesis H, and the…For a linear regression problem, The actual observed y-value when x = 2 is y = 6. The least squares line is y = 2x+1. The predicted value when x=2 is y = 5. Determine the value of the residual (prediction error) oooo 1 6 5 Cannot be determined from the information given
- Please ASAPAssume a multiple linear regression y = Bo + B1 a1+ B2x2 + e. Which statement(s) is(are) true about the variance inflation factors (VIFS) of the coefficient estimates b1 and b2 ? I. The VIF of b, is the same as the VIF of b2. II. VIF will likely be large if X2 is highly positively correlated with X1 II. VIF will likely be large if X2 is highly negatively correlated with X1 IV. VIF will likely be close to 1 if X1 and X2 are independent O l and IV 1, II, III and IV Il and III OIV only I onlyNeed only handwritten solution only (not typed one).
- A student is preparing to take a stand allies exam she was told that she needs to get plenty of sleep the night before the exam she is interested in the relationship between the number of hours of sleep a student gets her for an exam and the score earned on the exam. She collects information from 10 other students who have already taken the exam as shown on the table. she fits at least squares regression line to the data and determines the equation of the line is why equals 26-0.18 X where why is the score earn on the exam and ask is the number of hours of sleep the night before the exam. The residual is given. based on the residual plot is the linear model appropriate? no, there is no clear pattern in the residual plot. yes, there is no clear pattern in the residual plot. no, the student who got the most you've had a negative residual yes, there are more negative residuals (6) then positive residuals (4)Show calculations or explanation for each question. a) Which of the following techniques is used to predict the value of one variable on thebasis of other variables?a. Correlation analysisb. Coefficient of correlationc. Covarianced. Regression analysis b) In the least squares regression line, y^=3-2x the predicted value of y equals:a. 1.0 when x = −1.0b. 2.0 when x = 1.0c. 2.0 when x = −1.0d. 1.0 when x = 1.0 c) In the simple linear regression model, the y-intercept represents the:a. change in y per unit change in x.b. change in x per unit change in y.c. value of y when x = 0.d. value of x when y = 0.A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year tuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The least squares equation was found Y; = -13258.594 + 2.422X;, where X; is the program per-year tuition and Y; is the predicted mean starting salary. To perform a residual analysis for these data, the following results are obtained. of regression have been seriously violated. Residual index plot QQ Plot of Residuals Residuals Residuals 20000- 20000 0. -20000 -20000 a) To evaluate whether the assumption of linearity has been violated, which of the following graph shou be examined? A. Predicted Values vs. Residuals B. Residual index plot C. QQ plot of residuals D. Residuals vs. Progrm Per-Year Tuition ($) b) To evaluate whether the assumption of normality has been violated, which of the following graph…