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
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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
$$
1.30747E+13
2.65757E+14
2.78831E+14
Coefficients Standard Error
-7,773,135.558
30,737.523
2,867,254.773
9,823.548
4
MS
1.30747E+13
1.33546E+12
O a. a $30,737.523 increase in annual earnings.
O b. a $9,823.548 increase in annual earnings.
O c. a $2,867,254.773 increase in annual earnings.
O d. a $7,773,135.558 decrease in annual earnings.
t Stat
-2.711002745
3.128963403
Figure 4.1
F
9.790411975
P-value
0.007294364
0.00201776
Significance F
0.00201776
Lower 95%
-13,427,237.240
11,365.913
You would conclude that each additional Yard Per Drive is estimated to be associated with...
Upper 95%
-2,119,033.877
50,109.132
Transcribed Image Text:Suppose you wish to determine the degree to which annual earnings of professional golfers (Earnings) are related to driving distance (Yards Per Drive). The driving distance shows how far a golfer can hit the ball after it hits the ground. You were given the Excel output below. If the image below is not clear, dowload a copy here. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Yards Per Drive 0.216543528 0.046891099 0.042101608 1155621.367 201 df 1 199 200 $$ 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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