EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
7th Edition
ISBN: 9780134462783
Author: STEPHAN
Publisher: PEARSON CUSTOM PUB.(CONSIGNMENT)
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suppose that for x=3, the predicted value is y=6. The data pair (3, 8) is part of the sample data. What is the value of the residual of x=3?
A random sample of 15 college soccer players were selected to investigate the relationship between heart rate and maximal oxygen uptake. The heart rate and maximal oxygen uptake were recorded for each player during a training session. A regression analysis of the data was conducted, where heart rate is the explanatory variable and maximal oxygen uptake is the response variable. If a 95 percent confidence interval is constructed for the slope of the population regression line, which of the following is a condition that must be checked?   A)The true relationship between heart rate and maximal oxygen uptake is linear. B)The correlation between heart rate and maximal oxygen uptake is not equal to zero. C)The confidence interval is not biased. D).The point (x_,y_) falls on the regression line.  The X and Y have a line on top. E)The slope is not equal to zero.
Import the data from the Hill City Excel file into Minitab.You are trying to predict Price.Note: Mtn View=1 if there is a mountain view, 0 otherwise. The rest of the variables should be self explanatory. 1.Perform an F Test for overall significance of the model 2.Perform a T test for slope for the age variable 3. Find a 95% confidence interval for the slope of the SqFeet variable4. Create a prediction, CI, and PI for 1 new set of x values (any valid numbers you want), and interpret each.5. Run the residual plots and indicate if they show any problems with the model.
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