The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company Bfor 10 years. The equation of the regression line is y = 0.991x + 1,222.81. Complete parts (a) and (b) below.New-vehicle sales(Company A), xNew-vehicle sales(Company B), y4,149 3,923 3,566 3,400 3,266 3,076 2,868 2,485 1,952 2,0664,912 4,871 4,827 4,721 4,672 4,474 4,684 3,822 2,956 2,754(a) Find the coefficient of determination and interpret the result.r² =r2=0.821(Round to three decimal places as needed.)How can the coefficient of determination be interpreted?The coefficient of determination is the fraction of the variation in new-vehicle sales for Company B that can be2explained by the variation in new-vehicle sales for Company A and is represented byThe remainingfraction of the variation, 1-2, is unexplained and is due to other factors or to sampling error.s(b) Find the standard error of estimates and interpret the result.SeO(Round to three decimal places as needed.)H CH11✓ ✓UIMoreXIr

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Answered: The table shows the numbers of…

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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How can the coefficient of determination be interpreted?
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 = 1.405x – 12.307. Complete parts (a) and (b) below. Average Weekly Wages (state), x Average Weekly Wages (federal), y 751 760 791 817 835 881 924 951 1002 1047 1115 1149 1195 1250 1269 1300 (a) Find the coefficient of determination and interpret the result. 12 =O
A regression was run to determine if there is a relationship between hours of study per week (z) and the final exam scores (y). The results of the regression were: y=ax+b a=6.578 b-20.35 r-0.3721 r=0.61 Use this to predict the final exam score of a student who studies 7 hours per week, and please round your answer to a whole number.
I’m taking a statistics and probability class. Please get this correct because I want to learn. I have gotten wrong answers on here before
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.)
The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same country for seven years. The equation of the regression line is y =-1.364x+17,178.20. Complete parts (a) and (b) below. Produced, x Imported, y 5,744 5,554 5,439 5,188 5,136 5,067 D 9,132 9,677 10,017 10,193 10,149 10,075 5,756 9,328 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)
Choose the correct answer of each number. 1. An analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. Used regression analysis to predict $ sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2. If the advertising budgets of one of the branches of the corporation is now $45,000 (which is 10% more than before) and the salary of sales representatives is now $8,500 (which is 20% less than before), then the predicted sales before in that branch is a. $417,750 b. $341,250 c. $376,700 d. $335,6502. An analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. Used regression analysis to predict $ sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2. If…
8
The table shows the amounts of crude oil (in thousands of barrels per day) produced by a certain country and the amounts of crude oil (in thousands of barrels per day) imported by the same country for seven years. The equation of the regression line is y = - 1.269x + 16,635.60. Complete parts (a) and (b) below. Produced, x Imported, y 5,718 5,612 5,409 5,228 5,128 5,006 O 9,106 9,631 10,000 10,140 10,133 10,059 5,759 9,318 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)
Solve for the y-intercept and the slope. Form the equation of the regression line that describes the relationship between the two variables. Predict the profit of the fashion boutique business when the store measures 3,800 square feet. Explain the result.
There is a linear relationship between the number of chirps made by the stiped ground cricket and the air temperature. It was determined that the linear regression model is: y = 25.2 + 3.3x where x is the number of chirps per minute and y is the estimated temperature in degrees Fahrenheit. What is the temperature if a cricket chirps 18 times? Round to the nearest degree. Di not include units.
Use B = -15.812961, and ₁ = 0.096300 to determine the equation of the estimated regression line. (Round your numerical answers to four decimal places.) ŷ =

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