Statistics: The Art and Science of Learning from Data (4th Edition)
4th Edition
ISBN: 9780321997838
Author: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 13, Problem 68CP
To determine
Explain the reason that the given equations suggest an interaction between gender and income.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
A researcher is analyzing the relationship between various variables in housing data for 32 cities: median list prices of single family homes, condominium or co-ops, all homes, median household income, unemployment rate, and population.
What is the regression equation for the model that predicts the list price of all homes using unemployment rate as an explanatory variable?
Y^=____________X+(_____________)
What is the interpretation of the slope?
(INCREASE OR DECREASE) in the list price of all homes as unemployment rate increases.
What is the interpretation of the intercept? (LIST PRICE OF ALL HOMES WHEN UNEMPLOYMENT RATE IS ZERO, NO PRATICAL INTERCEPTION, UNEMPLOYMENT RATE WHEN LIST PRICE OF ALL HOMES IS ZERO )
· Develop a simple linear regression equation for starting salaries using an independent
variable that has the closest relationship with the salaries. Explain how you chose this
variable.
Describe regression variation in terms of variation in Y.
Chapter 13 Solutions
Statistics: The Art and Science of Learning from Data (4th Edition)
Ch. 13.1 - Predicting weight For a study of female college...Ch. 13.1 - Prob. 2PBCh. 13.1 - Predicting college GPA For all students at Walden...Ch. 13.1 - Prob. 4PBCh. 13.1 - Does more education cause more crime? The FL Crime...Ch. 13.1 - Crime rate and income Refer to the previous...Ch. 13.1 - The economics of golf The earnings of a PGA Tour...Ch. 13.1 - Prob. 8PBCh. 13.1 - Controlling can have no effect Suppose that the...Ch. 13.1 - House selling prices Using software with the House...
Ch. 13.1 - Used cars The following data (also available from...Ch. 13.2 - Predicting sports attendance Keeneland Racetrack...Ch. 13.2 - Predicting weight Lets use multiple regression to...Ch. 13.2 - Prob. 14PBCh. 13.2 - Price of used cars For the 19 used cars listed in...Ch. 13.2 - Prob. 16PBCh. 13.2 - Softball data For the Softball data set on the...Ch. 13.2 - Slopes, correlations, and units In Example 2 on y...Ch. 13.2 - Predicting college GPA Using software with the...Ch. 13.3 - Predicting GPA For the 59 observations in the...Ch. 13.3 - Study time help GPA? Refer to the previous...Ch. 13.3 - Variability in college GPA Refer to the previous...Ch. 13.3 - Does leg press help predict body strength? Chapter...Ch. 13.3 - Prob. 24PBCh. 13.3 - Interpret strength variability Refer to the...Ch. 13.3 - Any predictive power? Refer to the previous three...Ch. 13.3 - Predicting pizza revenue Aunt Ermas Pizza...Ch. 13.3 - Prob. 28PBCh. 13.3 - Mental health again Refer to the previous...Ch. 13.3 - Prob. 30PBCh. 13.3 - House prices Use software to do further analyses...Ch. 13.4 - Body weight residuals Examples 47 used multiple...Ch. 13.4 - Strength residuals In Chapter 12, we analyzed...Ch. 13.4 - Prob. 34PBCh. 13.4 - Nonlinear effects of age Suppose you fit a...Ch. 13.4 - Prob. 36PBCh. 13.4 - Why inspect residuals? When we use multiple...Ch. 13.4 - College athletes The College Athletes data set on...Ch. 13.4 - House prices Use software with the House Selling...Ch. 13.4 - Prob. 40PBCh. 13.5 - U.S. and foreign used cars Refer to the used car...Ch. 13.5 - Prob. 42PBCh. 13.5 - Predict using house size and condition For the...Ch. 13.5 - Quality and productivity The table shows data from...Ch. 13.5 - Predicting hamburger sales A chain restaurant that...Ch. 13.5 - Prob. 46PBCh. 13.5 - House size and garage interact? Refer to the...Ch. 13.5 - Prob. 48PBCh. 13.5 - Comparing sales You own a gift shop that has a...Ch. 13.6 - Prob. 50PBCh. 13.6 - Prob. 51PBCh. 13.6 - Prob. 52PBCh. 13.6 - Prob. 53PBCh. 13.6 - Prob. 54PBCh. 13.6 - Prob. 55PBCh. 13.6 - Prob. 56PBCh. 13.6 - Prob. 57PBCh. 13.6 - Prob. 58PBCh. 13.6 - Prob. 59PBCh. 13 - House prices This chapter has considered many...Ch. 13 - Prob. 61CPCh. 13 - Prob. 62CPCh. 13 - Prob. 63CPCh. 13 - Prob. 64CPCh. 13 - Prob. 65CPCh. 13 - Prob. 66CPCh. 13 - Prob. 67CPCh. 13 - Prob. 68CPCh. 13 - Prob. 69CPCh. 13 - AIDS and AZT In a study (reported in the New York...Ch. 13 - Factors affecting first home purchase The table...Ch. 13 - Unemployment and GDP Refer to Exercise 13.67. When...Ch. 13 - Prob. 75CPCh. 13 - Prob. 76CPCh. 13 - Prob. 77CPCh. 13 - Prob. 78CPCh. 13 - Prob. 79CPCh. 13 - True or false: Slopes For data on y = college GPA,...Ch. 13 - Prob. 81CPCh. 13 - Lurking variable Give an example of three...Ch. 13 - Prob. 83CPCh. 13 - Prob. 84CPCh. 13 - Prob. 85CPCh. 13 - Logistic versus linear For binary response...Ch. 13 - Prob. 87CPCh. 13 - Prob. 88CPCh. 13 - Prob. 89CPCh. 13 - Prob. 90CPCh. 13 - Prob. 91CPCh. 13 - Prob. 92CPCh. 13 - Prob. 93CP
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- The regression equation for predicting number of speeding tickets (Y) from information about driver age (X) is Tickets=5.57-0.065age The slope= Y-intercept=arrow_forwardFor many people, breakfast cereal is an important source of fiber in their diet. Cereals also contain potassium, a mineral shown to be associated with maintaining a healthy blood pressure. And analysis of amount of fiber (in grams) and the potassium content (in milligrams)  in servings of 77 breakfast cereals produce the regression model Potassium =39+26 Fiber. If your cereal provides 10 g of fiber per serving, how much potassium does the model estimate you will get? ___Milligrams of potassiumarrow_forwardSmokers don’t live as long (on average) as nonsmokers, and heavy smokers don’t live as long as light smokers. You regress the age at death of a group of male smokers on the number of packs per day they smoked. The slope of your regression line will be greater than 0. will be less than 0. can’t be determined without seeing the data.arrow_forward
- A 10-year study conducted by the American Heart Association provided data on how age, blood pressure, and smoking related to the risk of strokes. The data file “Stroke.xslx” includes a portion of the data from the study. The variable “Risk of Stroke” is measured as the percentage of risk (proportion times 100) that a person will have a stroke over the next 10-year period. Regression Analysis As Image: 1) Based on the simple regression analysis output, write the estimated regression equation. 2) What is the correlation coefficient between Risk of Stroke and Age? How do you find iarrow_forwardFinally, the researcher considers using regression analysis to establish a linear relationship between the two variables – hours worked per week and yearly income. (a) Estimate a simple linear regression model and present the estimated linear equation. Display the regression summary table and interpret the intercept and slope coefficient estimates of the linear model. (b) Display and interpret the value of the coefficient of determination, R-squared (R2). Data Hours Per Week Yearly Income ('000's) Class 18 43.8 13 44.5 18 44.8 25.5 46.0 11.5 41.2 18 43.3 16 43.6 27 46.2 27.5 46.8 30.5 48.2 24.5 49.3 32.5 53.8 25 53.9 23.5 54.2 30.5 50.5 27.5 51.2 28 51.5 26 52.6 25.5 52.8 26.5 52.9 33 49.5 15 49.8 27.5 50.3 36 54.3 27 55.1 34.5 55.3 39 61.7 37 62.3 31.5 63.4 37 63.7 24.5 55.5 28 55.6 19 55.7 38.5 58.2 37.5 58.3 18.5 58.4 32 59.2 35…arrow_forwardThe regression equation to predict the total world gross ticket sales from the opening weekend ticket sales is: WorldGross^=9.23+6.87⋅OpeningWeekend (iv) Interpret the slope of the regression line in context.arrow_forward
- What is the relationship between the amount of time statistics students study per week and their final exam scores? The results of the survey are shown below. Time 10 1 8 10 8 5 9 6 Score 87 58 72 75 77 71 85 78 The equation of the linear regression line is: y^ = + x (Please show your answers to two decimal places) Use the model to predict the final exam score for a student who spends 9 hours per week studying.Final exam score = (Please round your answer to the nearest whole number.)arrow_forwardDevelop a multiple regression equation for starting salaries using School Ranking, GPA, and Experience as independent variables. Is this regression equation "good for use'"? Explain.arrow_forwardresearcher collects some socioeconomic variables of Turkey and wants to model the natural gas consumption arough years by multiple linear regression. Below is the table summarizing the coefficients of variables and their statistical parameters, and the figure showing the change of natural gas consumption in this time period • Actual constant term X₁: population (million people) X2: GDP per capita (thousand $) X3: Inflation percentage X4: Mean winter temperature coefficients -36.5 0.578 2.133 -0.0733 -0.0375 standard error 6.73 0.133 0.221 0.0126 0,201 t value -5.43 4.34 p-value 1.42* 10.5 2.20*10- 9.67 9.47*10-10 -0.19 -5.81 5.46* 10.6 0.853 Natural gas consumption (billon m²) 50 40 30 20 10 R¹ = 0.992 standard error 1.51 1986 1990 1994 1998 -Estimated 2002 Star 2006 2010 a) Write the multiple regression equation in its standard form: y =B₁ + B₁x₁ + ß₂x₂ + ... b) Which variables significantly affect the natural gas consumption? Why? c) Which variables positively, which variables…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
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