The least-squares regression equation is y = 650.9x + 16,443 where yis the median income and x is the percentage of 25 years and olderwith at least a bachelor's degree in the region. The scatter diagram55000-indicates a linear relation between the two variables with a correlationcoefficient of 0.7174. Complete parts (a) through (d).25000-15 20 25 30 35 40 45 50 55 60Bachelor's %(c) Interpret the slope. Select the correct choice below and fill in the answer box to complete your choice.(Type an integer or decimal. Do not round.)A. For 0% of adults having a bachelor's degree, the median income is predicted to be $B. For a median income of $0, the percent of adults with a bachelor's degree is%.O C. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is%, on average.O D. For every percent increase in adults having at least a bachelor's degree, the median income increases by $, on average.Median Incomeof

Regression equation is used to relate the response variable with the explanatory variable. The…

Answered: The least-squares regression equation…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Explain how to find se
The data show The chest size and weight of several bears find regression equation, letting chest size be the independent variable then find the best predicted weight of a bear with a chest size of 51 inches is the result close to the actual weight of 422 pounds use a significance level of 0.05 Chest size : 45, 50, 43, 43, 52, 52. Weight : 352, 374, 275, 314, 440, 367.
A linear relationship between EmployeeSalary (Dependent) and degree(independent) has the following equation : Salary = 400+0.2 (Degree). SST= 736, SSR= 385. Calculate and interpret the coefficient of determination (r2) : Select one: O a. 0.48 , 47.69 percent of the variability in employee salary can be explained by the simple linear regression equation Ob. 0.52,52.31 percent of the variability in employee salary can be explained by the simple linear regression equation Oc. 0.48, 47.69 percent of the variability in the degree earned can be explained by the simple linear regression equation F Od. 0.52, 52.31 percent of the variability in the degree earned can be explained by the simple linear regression equation Next page JUN 2 12 étv W Ps Lr
Q1) A real estate consultant is considering developing a series of price models for residential houses in different areas of the province of Ontario, in Canada. The dataset, provided by the Windsor and Essex County Board, covers residential home sales in Windsor. To develop the model, the consultant performs a linear regression to estimate the price (in Canadian dollars) as a linear function of the size of the apartment (in square feet) and obtains the following Excel result. SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.53580413 0.28708607 0.28577556 41101.9362 546 ANOVA df MS Significance F 1 3.70082E+11 3.7008E+11 219.065461 6.74643E-42 Regression Residual Total 544 9.19017E+11 1689369158 545 1.2891E+12 Coefficients Standard Error 62171.5874 4537.036582 13.7031268 6.2969E-37 53259.33066 71083.8441 t Stat P-value Lower 95% Upper 95% Intercept LOTSIZE 12.0187669 0.81203165 14.8008601 6.7464E-42 10.42366523 13.6138685 a) Write…
A least squares regression line was calculated to relate the length (cm) of newborn boys to their weight in kg. The line is weight = -5.25 +0.1696 length. A newborn was 48 cm long and weighed 3 kg. According to the regression model, what was his residual? What does that say about him?
Q1: [Regression and Correlation] The index of biotic integrity (IBI) is a measure of water quality in streams. As a data analyst you must monitor, track, and predict changes in water quality. You want to create a simple linear regression model that will allow you to predict changes in IBI in forested area. The following table conveys sample data from a coastal forest region and gives the data for IBI and forested area in square kilometers. Let forest area be the predictor variable (x) and IBI be the response variable (y). IBI X 47 72 21 72234 19 58 49 Forest Area Y 38 59 27 24 63 49 45 Required a. Q2: [Naïve Bayes] a. Write the pseudo-code of the following Naïve Bayes algorithm b. Consider the given dataset that classifies animals into two distinct classes. The classes are labeled as 'cat' and 'dog'. Use Naive Bayes classifier to figure out the class (cat/dog) of an instance if it has the following values of attributed Plot Scatter graph b. Determine the regression equation c. Compute…
The table lists the average tuition and fees at private colleges and universities for selected years. Year 1985 1990 1995 2000 2008 5311 25,115 Tuition and Fees (in dollars) 9375 SO 12,418 (a) Find the equation of the least-squares regression line that models the data. y 840.450 (Type the slope as a decimal rounded to three decimal places. Round the y-intercept to the nearest integer.) (b) Graph the data and the regression line in the same viewing window using the parameters given below the graph choices. Choose the correct graph below. OA. O B. o HE RO OC. 16,230 A o ƠN
The accompanying data represent the weights of various domestic cars and their gas mileages in the city. The linear correlation coefficient between the weight of a car and its miles per gallon in the city is r= - 0.972. The least-squares regression line treating weight as the explanatory variable and miles per gallon as the response variable is y= - 0.0070x + 44.4405. Complete parts (a) and (b) below. Click the icon to view the data table. ..... (a) What proportion of the variability in miles per gallon is explained by the relation between weight of the car and miles per gallon? The proportion of the variability in miles per gallon explained by the relation between weight of the car and miles per gallon is %. (Round to one decimal place as needed.) (b) Interpret the coefficient of determination. % of the variance in is by the linear model. Data Table (Round to one decimal p Full data set gas mileage Miles per Weight (pounds), x Weight (pounds), x Miles per Gallon, y Car Car Gallon, y…
An online retailer examined their transactional database to see how the value of total annual purchases ($) for individual customers was related to their annual income ($). They obtained the following regression model:Total annual purchases = -49.80 + 0.0246(annual income)correlation = 0.533(a) What does the slope tell us? (Annual Income/ Total Annual Purchases) is/are predicted to increase by ($0.0246 / -$49.80) for each additional $1 of (Annual Income/ Total Annual Purchases).(b) What does the intercept tell us? A.The intercept does not have a practical meaning in this context. B. Total annual purchases are predicted to be $0.0246 when annual income = 0. C. Total annual purchases are predicted to be $-49.80 when annual income = 0. D. Annual income is predicted to be $0.0246 when total annual purchases = 0. E. Annual income is predicted to be $-49.80 when total annual purchases = 0. (c) Which statement is correct concerning the quality of this model? A. 28.4% of the variability in…
In a fisheries researchers experiment the correlation between the number of eggs in tge nest and the number of viable (surviving ) eggs for a sample of nests is r=0.67 the equation of the regression line for number of viable eggs y versus number of eggs in the nest x is y =0.72x + 17.07 for a nest with 140 eggs what is the predicted number of viable eggs ?
A linear regression analysis reveals a strong, negative linear relationship between x and y. Which of the following could possibly be the results from this analysis? (A) ŷ 13.1 27.4x, r = 0.85 (B) == 27.4+ 13.1x, r = -0.95 (D) == (C) ŷ 13.1+ 27.4x, r = 0.95 542 385x, r = -0.15 (E) 0.85 0.25x, r = -0.85

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

SEE MORE TEXTBOOKS