The table below shows the average weekly wages (in dollars) for state government employees andfederal government employees for 10 years. Construct and interpret a 98% prediction interval for theaverage weekly wages of federal government employees when the average weekly wages of stategovernment employees is $914. The equation of the regression line is y = 1.370x +33.068.Wages (state), x 716 760 784 824 842 877 916 924 943 976Wages (federal), y 1,038 1,065 1,108 1,130 1,193 1,236 1,270 1,295 1,335 1,387Construct and interpret a 98% prediction interval for the average weekly wages of federalgovernment employees when the average weekly wages of state government employees is$914. Select the correct choice below and fill in the answer boxes to complete your choice.(Round to the nearest cent as needed.)O A. There is a 98% chance that the predicted average weekly wages of federal governmentemployees is between $ and $, given a state average weekly wage of $914.OB. We can be 98% confident that when the average weekly wages of state governmentemployees is $914, the average weekly wages of federal government employees will be

when the average weekly wages of state government employees is $914, we can use the regression…

Answered: The table below shows the average…

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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Suppose that you are interested in the relationship between Reading and Writing scores. (c) Compute and interpret the R2 value for the relationship between Reading and Writing scores. (d) Interpret the value of the slope in the regression model predicting Reading scores from Writing scores. RDG WRTG 34 44 47 36 42 59 39 41 36 49 50 46 63 65 44 52 47 41 44 50 50 62 44 41 47 40 42 59 42 41 47 41 60 65 39 49 57 54 73 65 47 46 39 44 35 39 39 41 48 49 31 41 52 63 47 54 36 44 47 44 34 46 52 57 42 40 37 44 44 33 71 58 47 46 42 33 42 36 47 41 52 54 52 54 39 39 31 41 60 54 47 31 39 28 42 36 47 57 42 49 36 41 50 33 34 34 55 55 28 46 42 42 44 44 60 52 39 57 36 37 44 44 39 42 39 34 42 39 42 44 52 54 65 65 42 26 47 62 52 62 44 54 52 54 47 44 65 57 63 65 60 59 47 44 65 57 53 61 68 63 55 56 39 53 52 52 65 67 52 44 57 67 63…
The money raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is y = 0.940x + 34. 128. Find the coefficient of determination and interpret the result. 785.8 784.5 1032.7 963.8 1211.5 Money raised, x Money spent, y 456.6 654.6 733.8 449.4 691.4 734.6 764.4 739.3 1018.6 930.3 1172.9 Find the coefficient of determination and interpret the result. 2 = 0.989 (Round to hree decimal places as needed.)
Find the regression equation Student 1 4 5 6 7 8 9 10 Placement Exam 83 89 92 77 81 81 85 85 87 84 GWA 83 85 90 80 83 85 87 84 90 85 Select the correct response: y=35.39-0.5901x y=35.39x+0.5901 y=0.5901x-35.39 y=35.39+0.5901x 3. 2.
The data show the bug chirps per minute at different temperatures. Find the regression equation, letting the first variable be the independent (x) variable, Find the best predicted temperature for a time when a bug is chirping at the rate of 3000 chirps per minute. Use a significance level of 0.05. What is wrong with this predicted value? 1220 1075 986 88 5 843 821 849 697 758 1170 867 939 D Chirps in 1 min Temperature ("F) What is the regression equation? (Round the x-coefficient to four decimal places as needed. Round the constant to two decimal places as needed.) What is the best predicted temperature for a time when a bug is chirping at the rate of 3000 chirps per minute? The best predicted temperature when a bug is chirping at 3000 chirps per minute is F (Round to one decimal place as needed.) What is wrong with this predicted value? Choose the correct answer below O A. The first variable should have been the dependent variable O B. It is unrealistically high. The value 3000 is…
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
The table shows the average weekly wages (in dollars) for state government employees and federal government employees for 8 years. The equation of the regression line is y = 1.493x - 83.403. Complete parts (a) and (b) below. A Average Weekly Wages (state), x Average Weekly Wages (federal), y 764 1003 766 1048 791 1119 (a) Find the coefficient of determination and interpret the result. r² = 0 (Round to three decimal places as needed.) 800 1152 843 1201 887 1250 924 1277 939 1306
The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 99% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $925. The equation of the regression line is
A financial website reported the beta value for a certain company was 0.86. Betas for individual stocks are determined by simple linear regression. The dependent variable is the total return for the stock, and the independent variable is the total return for the stock market, such as the return of a market index. The slope of this regression equation is referred to as the stock's beta. Many financial analysts prefer to measure the risk of a stock by computing the stock's beta value. Suppose the following data show the monthly percentage returns for the market index and the company for a recent year. Month Market Index% Return Company% Return August -3 4 September 8 7 October 0 1 November -2 1 December -5 0 January 0 0 February 7 7 March 0 -2 April 2 0 May -5 -1 a. Develop the least squares estimated regression equation. (Let x = Market Index % Return (as a %), and let y = Company % Return (as a %). Round your numerical values to four decimal places.)
The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 98% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,464 thousand barrels per day. The equation of the regression line is y=-1.106x+15,759.462 Oil_produced,_x Oil_imported,_y5,816 9,3455,741 9,1245,660 9,6325,405 10,0095,155 10,1685,059 10,1055,015 10,055
The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 90% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $825. The equation of the regression line is y = 1.597x- 169.203. Wages (state), x Wages (federal), y 742 775 783 802 842 890 912 939 949 954 1,002 1,039 1,097 1,145 1,199 1,242 1,271 1,299 1,335 1,398 Construct and interpret a 90% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $825. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. There is a 90% chance that the predicted average weekly wages of federal government employees is between S and S given a state average weekly wage of $825. O B. We can be 90%…
Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 658.
The following table shows the approximate amount of trash produced in an industrialized country from 1980 to 2000. Let x represent the year after 1980 (1980 is year 0) and y represent the amount of trash (millions of tons). Year Million Tons 1980 150 1990 202 2000 220 (a) Draw the graph for this data. (b) Find the equation of the regression line for the data. (Round your answers to one decimal place.)y = x + (c) Use the equation to predict the amount of trash y that will be produced in 2010 and 2015. (Round your answers to one decimal place.) 2010: _______million tons 2015: _______ million tons

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