741Introductory Econometrics IPage 2 of 3The following table contains the ACT scores' (i.e. standardized test scores for highschool achievement and university admissions in the United States) and the GPA (gradepoint average) for eight university students. Grade point average is based on a four-point scale and has been rounded to one digit after the decimal.Table 1: Students' GPA and ACT scoresStudent GPA ACT12.82123.42433.026272943.553.63.02.72572583.730(a) Estimate the relationship between GPA and ACT using OLS; that is, obtain theintercept and slope estimates in the equationGPABo + B, ACT.Interpret the regression results. Does the intercept have a useful interpretationhere? Explain.(b) Compute the fitted values and residuals for each observation, and verify that theresiduals (approximately) sum to zero.(c) How much of the variation in GPA for these eight students is explained by ACT?Explain.

(a). Estimate the relationship between GPA and ACT: The data represents the values of GPA scores and…

The following table contains the ACT scores' (i.e. standardized test scores for high school achievement and university admissions in the United States) and the GPA (grade point average) for eight university students. Grade point average is based on a four- point scale and has been rounded to one digit after the decimal.

The following table contains the ACT scores' (i.e. standardized test scores for high school achievement and university admissions in the United States) and the GPA (grade point average) for eight university students. Grade point average is based on a four- point scale and has been rounded to one digit after the decimal.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The concept “Job Involvement” is defined as the degree to which an employee is engaged in and enthusiastic about performing his/her work. In a study one section of the questionnaire was designed to measure “Job Involvement” of the employees. There were 6 items in this construct, each measured on a Likert scale of 1 to 5: JINV1. The major satisfaction in my life comes from my job JINV2. My job means a lot more to me than just money JINV3. I will stay overtime to finish a job, even if I am not paid for it JINV4. I look forward to coming to work each day JINV5. I would probably keep working even if I didn’t need the money JINV6. The most important things that happen to me involve my work The questionnaires were self-administered and 200 cases were used in the final analysis. The data were analysed using SPSS. The following are some of the output from factor analysis. 1) Interpret the values presented in the Table 9. 2) Interpret the values presented in Table 10 3) Write a brief…
Cris Turlock owns and manages a small business in San Francisco, California. The business provides breakfast and brunch food, via carts parked along sidewalks, to people in the business district of the city. Being an experienced businessperson, Cris provides incentives for the salespeople operating the food carts. This year, she plans to offer monetary bonuses to her salespeople based on their individual mean daily sales. Her first task is to see if there is a significant difference in the mean daily sales among the different salespeople. She chooses a "sample" of days for each salesperson and records the sales for each day. She then runs a one-way, independent-samples ANOVA test to determine whether or not she can conclude that at least one salesperson's performances is significantly different from the others. (Otherwise, she'll split the bonuses evenly among all the salespeople.) In her ANOVA, the "groups" are the different salespeople, and the variable of interest is the daily sales…
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Given the mean and SD of the eight forms of employment in PEAR INC., calculate the z-scores for the individuals who took the exams in the different countries. ROUND Z-SCORES TO THREE DECIMAL PLACES; WRITE Z-SCORES WITH A SIGN (ex. -1.204 for negative z-score and +1.204 for positive) Description Quiz 11: Z-Scores ROUND Z-SCORES TO THREE DECIMAL PLACES (to the nearest thousandth). EACH Z-SCORE SHOULD HAVE A + OR - SIGN IN FRONT TO INDICATE POSITIVE OR NEGATIVE VALUE. Use the data below: Eight forms of an employment exam (one in each country of expansion) are given by PEAR INC. The overall (population) mean and standard deviations of these eight forms are found in the table below. TEST LOCATION MEAN ( ) Standard Deviation ( ) Argentina 82 7 Belgium 39 3.5 China 125 11.5 Denmark 60 5.2 Egypt 92 8.5 France 420 36 Greece 160 14.5 Holland 75 6.5 1. Egypt mean = 92; SD = 8.5 Emir took the test in Egypt and scored 90; Emir's Z-score is:…
In a city with three high schools, all the ninth graders took a Standardized Test, with these results: High School Mean score on test Number of ninth graders Glenwood 76 272 Central City 93 325 Lincoln High 73 180 The city's PR manager, who never took statistics, claimed the mean score of all ninth graders in the city was 80.7 . Of course, that is incorrect. What is the mean score for all ninth graders in the city? Round to one decimal place.mean of all ninth grader's scores =
The concept “Job Involvement” is defined as the degree to which an employee is engaged in and enthusiastic about performing his/her work. In a study one section of the questionnaire was designed to measure “Job Involvement” of the employees. There were 6 items in this construct, each measured on a Likert scale of 1 to 5: JINV1. The major satisfaction in my life comes from my job JINV2. My job means a lot more to me than just money JINV3. I will stay overtime to finish a job, even if I am not paid for it JINV4. I look forward to coming to work each day JINV5. I would probably keep working even if I didn’t need the money JINV6. The most important things that happen to me involve my work The questionnaires were self-administered and 200 cases were used in the final analysis. The data were analysed using SPSS. The following are some of the output from factor analysis. 1) Interpret the values in Table 12 2) Overall how good is the instrument in measuring career salience? 3) If there is…
Cris Turlock owns and manages a small business in San Francisco, California. The business provides breakfast and brunch food, via carts parked along sidewalks, to people in the business district of the city. Being an experienced businessperson, Cris provides incentives for the four salespeople operating the food carts. This year, she plans to offer monetary bonuses to her salespeople based on their individual mean daily sales. Below is a chart giving a summary of the information that Cris has to work with. (A "sample" is a collection of daily sales figures, in dollars, from this past year for a particular salesperson.) Groups Sample size Sample mean Sample variance Salesperson 1 143 204.8 2382.8 Salesperson 2 97 209.9 2501.3 Salesperson 3 53 218.3 2461.6 Salesperson 4 95 205.8 2373.9
In a city with three high schools, all the ninth graders took a Standardized Test, with these results: Number of ninth graders High School Mean score on test Glenwood Central City Lincoln High 81 92 72 273 333 159 The city's PR manager, who never took statistics, claimed the mean score of all ninth graders in the city was 81.7. Of course, that is incorrect. What is the mean score for all ninth graders in the city? Round to one decimal place. mean of all ninth grader's scores =
The state education commission wants to estimate the fraction of tenth grade students that have reading skills at or below the eighth grade level. Step 1 of 2: Suppose a sample of 281 tenth graders is drawn. Of the students sampled, 56 read at or below the eighth grade level. Using the data, estimate the proportion of tenth graders reading at or below the eighth grade level. Enter your answer as a fraction or a decimal number rounded to three decimal places.