The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $2 million. Is the result close to the actual number of viewers, 8.6 million? Use a significance level of 0.05. Salary (millions of $) Viewers (millions) Click the icon to view the critical values of the Pearson correlation coefficient r. What is the regression equation? ŷ=+x (Round to three decimal places as needed.) Critical Values of the Pearson Correlation Coefficient r n 4 5 6 106 14 12 10 7.9 6.5 6.5 1.1 Critical Values of the Pearson Correlation Coefficient r a=0.05 α = 0.01 0.950 0.878 0.811 0754 0.990 0.959 0.917 0875 6 10.5 NOTE: To test Ho: p=0 against H₁: p#0, reject Ho if the absolute value of r is greater than the critical un in the tablo 3 14 5 D 10.5 1.2 9.6 X
The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $2 million. Is the result close to the actual number of viewers, 8.6 million? Use a significance level of 0.05. Salary (millions of $) Viewers (millions) Click the icon to view the critical values of the Pearson correlation coefficient r. What is the regression equation? ŷ=+x (Round to three decimal places as needed.) Critical Values of the Pearson Correlation Coefficient r n 4 5 6 106 14 12 10 7.9 6.5 6.5 1.1 Critical Values of the Pearson Correlation Coefficient r a=0.05 α = 0.01 0.950 0.878 0.811 0754 0.990 0.959 0.917 0875 6 10.5 NOTE: To test Ho: p=0 against H₁: p#0, reject Ho if the absolute value of r is greater than the critical un in the tablo 3 14 5 D 10.5 1.2 9.6 X
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:The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a
television star with a salary of $2 million. Is the result close to the actual number of viewers, 8.6 million? Use a significance level of 0.05.
Salary (millions of S)
Viewers (millions)
Click the icon to view the critical values of the Pearson correlation coefficient r
What is the regression equation?
y=+x (Round to three decimal places as needed.)
xample
Get more help
Critical Values of the Pearson Correlation Coefficient r
n
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
25
30
35
40
45
50
60
70
80
90
100
n
Critical Values of the Pearson Correlation Coefficient r
α=0.05
α = 0.01
0.950
0.878
0.811
0.754
0.707
0.666
0.632
0.602
0.576
0.553
0.532
0.514
0.497
0.482
0.468
0.456
0.444
0.396
0.361
0.335
0.312
0.294
0.279
0.254
0.236
0.220
0.207
0.196
α=0.05
0.990
0.959
0.917
0.875
0.834
0.798
0.765
0.735
0.708
0.684
0.661
0.641
0.623
0.606
0.590
0.575
0.561
0.505
0.463
0.430
0.402
106 14 12 10 6
7.9 6.5 6.5 1.1 10.5
0.378
0.361
0.330
0.305
0.286
0.269
0.256
α = 0.01
NOTE: To test H₂: p=0
against H₁: p#0, reject Ho
if the absolute value of r is
greater than the critical
value in the table.
3 14
10.5 1.2
X
5
9.6
Check answer
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 3 steps

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