Use the following data to determine the following. 2 4 8 10 7 5 3 a) Draw a scatter plot. b) Compute the correlation coefficient using table. c) Find the regression line and graph it on the scatter plot. d) Graph the residual plot
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- Q3: From the following data: 2 5 y 5 4 6 3 1) Draw scatter plot. 2) Determine the regression line y = a + b x. 3) Predict the value of y for the value of x = 4.6. 4) Calculate the correlation coefficient. 4 8 3 5Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (The pair of variables have a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The table below shows the heights (in feet) and the number of stories of six notable buildings in a city. Height, x Stories, y 758 621 518 510 492 | 483 | 51 47 46 43 39 36 Find the regression equation. y = ☐ X+ (a) x = 503 feet (c) x = 802 feet (b) x = 649 feet (d) x = 728 feet (Round the slope to three decimal places as needed. Round the y-intercept to two decimal places as needed.)Which of the following denotes the slope or the regression coefficient for X? A) The term a B) The term b C) The error term D) The correlation coefficient, r
- I. Show complete solutions. Simple Linear Regression and Correlation: a.) Results of a study on the occurrence of sodium and chloride in surface streams in a coastal area. The following data are chloride concentration (y) in mg/liter and road-way area in the watershed (x) in %. Y 0.24 4.6 1. What is the value of the correlation coefficient? 2. What is the interpretation for this case? 3. What is the estimated chloride concentration if road way 0.3 6.4 0.45 9.8 area in the watershed is 1.30% 0.75 10.7 4. What is the equation of the prediction line? 0.57 10.6 0.75 10.9 0.4 11.7 0.8 12.5 0.6 14 0.78 14.7 0.85 15.1 0.68 18.3 0.69 19.2 1.4 23.1 1.15 27.3 1.05 27.7 1.69 32 1.62 38.4Amount of fertilizer (x) in pounds for each plot: 12, 5, 15, 17, 20, 14: Bushels of tomatoes harvested (y) 24 22 31 33 21 28: Round all values to three decimal places. a) Find the equation of the regression line (line of best fit). b) Calculate the correlation coefficient (r). c) Determine if there is a significant linear correlation. d) If the linear relation is significant, predict how many bushels of tomatoes would be harvested if 22 pounds of fertilizer was used.The following table shows students’ number of absences, x, and the student’s final grade,, y.# of absences x 6 2 15 9 12 5 8 Final grade y 82 86 43 74 58 90 78a) Calculate r, the correlation coefficient ________________b) Find the equation of the regression line __________________________________c) If a student is absent 4 times,, what grade does your regression line predict?__________________
- Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The caloric content and the sodium content (in milligrams) for 6 beef hot dogs are shown in the table below. Calories, x 150 180 120 130 90 190 P (a)x= 170 calories (c) x 140 calories (b)x= 100 calories (d) x = 210 calories Sodium, y 430 480 350 370 290 530 REED Find the regression equation. ŷ=x+0) (Round to three decimal places as needed.) 4b. Add in the table provided in the spreadsheet a dummy variable that takes the value of 1in the fourth quarter of each year and show the table with all the data c. Using the data provided in the spreadsheet including the dummy variable you have created for the fourth quarter of each year run a regression with dependent variable the CBC house price index and independent variables the other three variables (Nominal GDP, Number of Households, and the dummy variable for the fourth quarter). Present the typical regression results output for this regression produced by Excel. d. Explain what the particular numbers for the following statistics that you presented in b) mean (no points will be given if you write general definitions without interpreting the particular numbers that you have presented): a. R-squared b. The t-statistics of the three independent variables c. The coefficients of the three independent variables e. Discuss if the signs that you get for the coefficients of each of the…d. Draw the regression line on the scatter diagram using the yp points.e. Find y for x = 50 x 20 10 30 40 60 70 y 20 20 30 50 60 80
- The table below shows the age of 8 individuals and the packs of medicine they consume each year. Age 17 27 54 35 42 31 46 23 Medicine (in packs) 17 7 12 6 2 a. Determine the correlation coefficient r between the two variables. Answer rounded to at least 4 decimal places. b. Determine the slope coefficient B1 for the regression of medicine packs consumed on age. Answer rounded to at least 4 decimal places. c. Determine the y-intercept Bo for the regression of medicine packs consumed on age. Answer rounded to at least 4 decimal places. d. What will be the expected packs of medicines consumed per year by a person of age 33. Answer rounded to at least 4 decimal places. packsFor the paired data below, do a complete regression analysis: a) Compute the value of the correlation coefficient. b) Use the Critical Value (CV) from the table to determine if there is a significant linear correlation. c) Determine the linear regression equation.