Suppose you wish to determine the degree to which annual earnings of professional golfers (Earnings) are related to driving distance (Yards Per Drive). The driving distance shows how far a golfer can hit the ball after it hits the ground. You were given the Excel output below. If the image below is not clear, dowload a copy here. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Yards Per Drive 0.216543528 0.046891099 0.042101608 1155621.367 201 df 1 199 200 $$ 1.30747E+13 2.65757E+14 2.78831E+14 Coefficients Standard Error -7,773,135.558 30,737.523 2,867,254.773 9,823.548 4 MS 1.30747E+13 1.33546E+12 O a. a $30,737.523 increase in annual earnings. O b. a $9,823.548 increase in annual earnings. O c. a $2,867,254.773 increase in annual earnings. O d. a $7,773,135.558 decrease in annual earnings. t Stat -2.711002745 3.128963403 Figure 4.1 F 9.790411975 P-value 0.007294364 0.00201776 Significance F 0.00201776 Lower 95% -13,427,237.240 11,365.913 You would conclude that each additional Yard Per Drive is estimated to be associated with... Upper 95% -2,119,033.877 50,109.132
Suppose you wish to determine the degree to which annual earnings of professional golfers (Earnings) are related to driving distance (Yards Per Drive). The driving distance shows how far a golfer can hit the ball after it hits the ground. You were given the Excel output below. If the image below is not clear, dowload a copy here. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Yards Per Drive 0.216543528 0.046891099 0.042101608 1155621.367 201 df 1 199 200 $$ 1.30747E+13 2.65757E+14 2.78831E+14 Coefficients Standard Error -7,773,135.558 30,737.523 2,867,254.773 9,823.548 4 MS 1.30747E+13 1.33546E+12 O a. a $30,737.523 increase in annual earnings. O b. a $9,823.548 increase in annual earnings. O c. a $2,867,254.773 increase in annual earnings. O d. a $7,773,135.558 decrease in annual earnings. t Stat -2.711002745 3.128963403 Figure 4.1 F 9.790411975 P-value 0.007294364 0.00201776 Significance F 0.00201776 Lower 95% -13,427,237.240 11,365.913 You would conclude that each additional Yard Per Drive is estimated to be associated with... Upper 95% -2,119,033.877 50,109.132
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
![Suppose you wish to determine the degree to which annual earnings of professional golfers (Earnings) are related to driving distance
(Yards Per Drive). The driving distance shows how far a golfer can hit the ball after it hits the ground. You were given the Excel
output below. If the image below is not clear, dowload a copy here.
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total
Intercept
Yards Per Drive
0.216543528
0.046891099
0.042101608
1155621.367
201
df
1
199
200
$$
1.30747E+13
2.65757E+14
2.78831E+14
Coefficients Standard Error
-7,773,135.558
30,737.523
2,867,254.773
9,823.548
4
MS
1.30747E+13
1.33546E+12
O a. a $30,737.523 increase in annual earnings.
O b. a $9,823.548 increase in annual earnings.
O c. a $2,867,254.773 increase in annual earnings.
O d. a $7,773,135.558 decrease in annual earnings.
t Stat
-2.711002745
3.128963403
Figure 4.1
F
9.790411975
P-value
0.007294364
0.00201776
Significance F
0.00201776
Lower 95%
-13,427,237.240
11,365.913
You would conclude that each additional Yard Per Drive is estimated to be associated with...
Upper 95%
-2,119,033.877
50,109.132](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe795797d-e6dc-47b4-b18d-16e99e979c80%2Fc7ba8617-6a72-4ba9-b969-5eb843aa4f12%2Frdppp_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose you wish to determine the degree to which annual earnings of professional golfers (Earnings) are related to driving distance
(Yards Per Drive). The driving distance shows how far a golfer can hit the ball after it hits the ground. You were given the Excel
output below. If the image below is not clear, dowload a copy here.
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total
Intercept
Yards Per Drive
0.216543528
0.046891099
0.042101608
1155621.367
201
df
1
199
200
$$
1.30747E+13
2.65757E+14
2.78831E+14
Coefficients Standard Error
-7,773,135.558
30,737.523
2,867,254.773
9,823.548
4
MS
1.30747E+13
1.33546E+12
O a. a $30,737.523 increase in annual earnings.
O b. a $9,823.548 increase in annual earnings.
O c. a $2,867,254.773 increase in annual earnings.
O d. a $7,773,135.558 decrease in annual earnings.
t Stat
-2.711002745
3.128963403
Figure 4.1
F
9.790411975
P-value
0.007294364
0.00201776
Significance F
0.00201776
Lower 95%
-13,427,237.240
11,365.913
You would conclude that each additional Yard Per Drive is estimated to be associated with...
Upper 95%
-2,119,033.877
50,109.132
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