EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
7th Edition
ISBN: 8220102743984
Author: STEPHAN
Publisher: PEARSON
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Isabelle is a crime scene investigator. She found a footprint at the site of a recent murder and believes the footprint belongs to the culprit. To help identify possible suspects, she is investigating the relationship between a person's height and the length of his or her footprint. She consulted her agency's database and found cases in which detectives had recorded the length of people's footprints, x, and their heights (in centimetres), y. The least squares regression line of this data set is: y = 2.488x + 114.001 omplete the following sentence: The least squares regression line predicts that someone whose footprint is one centimetre longer should be centimetres taller.
A large city hospital conducted a study to investigate the relationship between the number of unauthorized days that employees are absent per year and the distance (miles) between home and work for the employees. A sample of 10 employees was selected and the following data were collected. Develop a scatter diagram for these data. Does a linear relationship appear reasonable? Explain. Develop the least squares estimated regression equation that relates the distance to work to the number of days absent. Predict the number of days absent for an employee that lives 5 miles from the hospital.
A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for​ food, de​cor, service, and the cost per person. Develop a regression model to predict the cost per​ person, based on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city.  Assuming a linear​ relationship, use the​ least-squares method to compute the regression coefficients b0 and b1.
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Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY