Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
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Chapter 13, Problem 36E

a.

To determine

Construct a scatter diagram.

Explain whether the relationship between the variables is linear or not.

Check whether it is reasonable that as the score increases, the prize decreases.

b.

To determine

Find the percentage of variation in the prize that is accounted for by the score.

c.

To determine

Construct a scatter diagram with Log-prize as the dependent variable and score as the independent variable.

d.

To determine

Find the regression equation using log-prize as the dependent variable.

Find the coefficient of determination using log-prize as the dependent variable.

e.

To determine

Compare the coefficient of determination in parts (b) and (d).

Explain the conclusion.

f.

To determine

Find the expected prize if a player shot an even par score of 288 for the four rounds.

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Loose Leaf for Statistical Techniques in Business and Economics

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