What is the predicted starting salary for a student with a GPA of 6.8 (to the nearest dollar)? What is the appropriate value for alpha when creating a 95% Prediction Interval? What value should be used for t in the formula to compute a 95% Prediction Interval (3 decimals
What is the predicted starting salary for a student with a GPA of 6.8 (to the nearest dollar)? What is the appropriate value for alpha when creating a 95% Prediction Interval? What value should be used for t in the formula to compute a 95% Prediction Interval (3 decimals
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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What is the predicted starting salary for a student with a GPA of 6.8 (to the nearest dollar)?
What is the appropriate value for alpha when creating a 95% Prediction Interval?
What value should be used for t in the formula to compute a 95% Prediction Interval (3 decimals)?

Transcribed Image Text:SUMMARY OUTPUT
Regression Statistics
Multiple R 0.905331
R Square
0.819625
Adjusted R 0.812109
Standard Ei 6248.109
Observatio
26
ANOVA
df
MS
ignificance F
Regression
1 4.26E+09 4.26E+09 109.0559
2.09E-10
Residual
24 9.37E+08 39038865
Total
25 5.19E+09
Coefficientsandard Erre
t Stat
P-value Lower 95% Upper 95% ower 95.09/pper 95.0%
Intercept
10598.58 4111.368 2.577871 0.016509
2113.13 19084.02
2113.13 19084.02
Student GP 6971.384 667.5663 10.44298
2.09E-10 5593.595 8349.173 5593.595 8349.173

Transcribed Image Text:Student GPA
starting salaries
4.5
48094
5.8
42400
6.1
50987
5.5
40598
4.7
53500
4.1
36184
3.9
32115
6.5
51250
5.6
45155
4.8
37108
3.5
34540
4.05
39250
starting salaries
4.5
41500
7.5
60230
90000
7.4
58750
80000
6.2
52900
70000
y = 6971.4x + 10599
R = 0.8196
7.8
58700
60000
4.5
40135
50000
8.8
70214
starting salaries
40000
8.5
73065
-Linear (starting salaries )
8.7
68952
30000
3.5
38786
20000
2.5
39102
10000
7.5
71020
8.1
75401
2.
6.
10
8.3
81203
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