The principle of least squares results in values of Band ₁ that minimize the sum of squared deviations betweenO the observed values of the explanatory variable x and the estimated valuesthe observed values of the response variable y and the estimated valuesO the observed values of the explanatory variable x and the response variable ythe observed values of the explanatory variable x and the response valuesy with hat on topO the estimated values of the explanatory variable x and the observed values of the response variable y

The principle of least squares is a statistical method that is used to find the best-fit line for a…

Answered: The principle of least squares results…

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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Lulu Hypermarket has a record showing data on sales per year (in thousands of rials) and advertisement (in hundreds of rials) for the last five years. The record gives the following details. EX = 132 ΣΧ3,502 EY = 96 EY² = 1,870 ΣΧΥ-2,553 a. Please develop the least squares estimated regression line. b. Using your regression line developed in Part a, predict the sales when advertisement is $3,000. c. At a = 0.05, determine if advertisement and sales are related (perform a t test). d. Develop a 95% confidence interval for estimating the mean sale for those years when advertisement was $3,000. e. Compute the coefficient of determination. ||
The peanut crop was harvested from five fields of various area. The following data are the mass of the crop from each field y (in kilograms) and the field area x (in hectares). X 6² Round your intermediate answers to four decimal places (e.g. 98.7654). (a) Fit the simple linear regression model using the method of least squares. Find the estimate of ². Round your answer to the nearest integer (e.g. 9876). i B₁ = (b) What change in the mean mass is expected when the field area changes by 1 hectare? Round your answer to the nearest integer (e.g. 9876). ŷ: 7280 15730 13590 19820 12860 = 2.01 3.93 3.68 4.33 2.33 (c) Calculate the fitted value of y corresponding to x = 2.01. Find the corresponding residual. Round your answer to the nearest integer (e.g. 9876). =
A statistician wishes to examine the relationship between average monthly rainfall (in mm), x, and number of road accidents, y, in a particular city. The following calculations have been done for you: Ex = 276, Ex2 = 6888, Ey = 193, Ey 3421, Exy 4842 and n 12. !3! The equation of the least squares regression line is given by
99. What is the least squares regression line for the following scatter plot? y-hat =-0.34x + 3.78 y-hat = -0.42x + 4.12 y-hat = -0.31x + 3.09 y-hat = -0.39x + 4.30
For least-squares to work well, we need: ) the relationship between x and y to be non-linear. residuals to be Uniformly distributed. ) the residuals to have a mean of zero. the residuals to be correlated with the explanatory variable.
The model, y = Bo + B₁×₁ + ß₂×2 + ε, was fitted to a sample of 33 families in order to explain household milk consumption in quarts per week, y, from the weekly income in hundreds of dollars, x₁, and the family size, x₂. The total sum of squares and regression sum of squares were found to be, SST = 162.1 and SSE(R) = 90.6. The least squares estimates of the regression parameters are bo = -0.022, b₁ = 0.051, and b₂ = 1.19. A third independent variable-number of preschool children in the household-was added to the regression model. The sum of squared errors when this augmented model was estimated by least squares was found to be 83.1. Test the null hypothesis that, all other things being equal, the number of preschool children in the household does not affect milk consumption. Use α=0.01. Click here to view page 1 of a table of critical values of F. Click here to view page 2 of a table of critical values of F. ''1' M P2 P3 Find the critical value. The critical value is 7.60⁰. (Round to…
1. Consider two least-squares regressions and y = Xíễ tế y = Xí$i+ XzB2 tê Let R2 and R2 be the R-squared from the two regressions. Show that R22 R2.
Students who complete their exams early certainly can intimidate the other students, but do the early finishers perform significantly differently than the other students? A random sample of 37 students was chosen before the most recent exam in Prof. J class, and for each student, both the score on the exam and the time it took the student to complete the exam were recorded. a. Find the least-squares regression equation relating time to complete (explanatory variable, denoted by x, in minutes) and exam score (response variable, denoted by y) by considering Sx = 15, sy = 17,r = 39.706, x = 90, ỹ = 78 b. The standard error of the slope of this least-squares regression line was approximately (Sp) is 20.13. Test for a significant positive linear relationship between the two variables exam score and exam completion time for students in Prof. J's class by doing a hypothesis test regarding the population slope B1. Write the null and Alternate hypothesis and conclude the results. (Assume that…
A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year tuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The least squares equation was found Y; = -13258.594 + 2.422X;, where X; is the program per-year tuition and Y; is the predicted mean starting salary. To perform a residual analysis for these data, the following results are obtained. of regression have been seriously violated. Residual index plot QQ Plot of Residuals Residuals Residuals 20000- 20000 0. -20000 -20000 a) To evaluate whether the assumption of linearity has been violated, which of the following graph shou be examined? A. Predicted Values vs. Residuals B. Residual index plot C. QQ plot of residuals D. Residuals vs. Progrm Per-Year Tuition ($) b) To evaluate whether the assumption of normality has been violated, which of the following graph…
The model, y = Bo + B₁×1 + ß₂×₂ + ε, was fitted to a sample of 33 families in order to explain household milk consumption in quarts per week, y, from the weekly income in hundreds of dollars, X₁, and the family size, x2. The total sum of squares and regression sum of squares were found to be, SST = 162.1 and SSE(R) = 90.6. The least squares estimates of the regression parameters are bo = -0.022, b₁ = 0.051, and b₂ = 1.19. A third independent variable number of preschool children in the household-was added to the regression model. The sum of squared errors when this augmented model was estimated by least squares was found to be 83.1. Test the null hypothesis that, all other things being equal, the number of preschool children in the household does not affect milk consumption. Use α = 0.01. Click here to view page 1 of a table of critical values of F. Click here to view page 2 of a table of critical values of F. Choose the correct null and alternative hypotheses below. A. Ho: B3 = 0 |…
The least-squares line for predicting forearm length (y) from height (x) is y = -0.2967 + 0.2738x How tall must a man be so that we would predict his forearm length to be 19.4 in.? a. 69.77 b. 70.85 c. 65.39 d. 71.94 e. 73.15
5) Using the method of Least Squares, determine the value of y when x = 3.0 in the equation y = Ae By using the given data: X 2.07 8.60 14.42 15.80 y 2 13 4

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The principle of least squares results in values of 0 and ₁ that minimize the sum of squared deviations between the observed values of the explanatory variable x and the estimated values