![Aplia, 1 term Printed Access Card for Gravetter/Wallnau's Essentials of Statistics for the Behavioral Sciences, 8th](https://www.bartleby.com/isbn_cover_images/9781285079707/9781285079707_largeCoverImage.gif)
Concept explainers
Problem 9 examined the relationship between weight and income for a sample of n = 10 women. Weights were classified in five categories and had a
- a. Find the regression equation for predicting income from weight. (Identify the income scores as X values and the weight scores as Y values.)
- b. What percentage of the variance in the income is accounted for by the regression equation? (Compute the
correlation , r. then find r2.) - c. Does the regression equation account for a significant portion of the variance in income? Use α= .05 to evaluate the F-ratio.
Weight (X) | Income (Y) |
1 | 125 |
2 | 78 |
4 | 49 |
3 | 63 |
5 | 35 |
2 | 84 |
5 | 38 |
3 | 51 |
1 | 93 |
4 | 44 |
a.
![Check Mark](/static/check-mark.png)
Answer to Problem 25P
The regression equation of the data is
Explanation of Solution
Given info: For 10 women weights are classified in five categories with mean of
Weight(X) | Income(Y) |
1 | 125 |
2 | 78 |
4 | 49 |
3 | 63 |
5 | 35 |
2 | 84 |
5 | 38 |
3 | 51 |
1 | 93 |
4 | 44 |
Calculation:
Generally the linear regression equation is defined as
Formula to calculate
Formula to calculate the
Mean of the variable
Thus, the mean of the variable
Mean of the variable
Thus the mean of the variable y is 66.
For calculating
Sr.no |
|
|
|
|
|
|
|
1 | 1 | 125 | 12 | 59 | 4 | 3481 | -118 |
2 | 2 | 78 | -1 | 12 | 1 | 144 | -12 |
3 | 4 | 49 | 1 | -17 | 1 | 289 | -17 |
4 | 3 | 63 | 0 | -3 | 0 | 9 | 0 |
5 | 5 | 35 | 2 | -31 | 4 | 961 | -62 |
6 | 2 | 84 | -1 | 18 | 1 | 324 | -18 |
7 | 5 | 38 | 2 | -28 | 4 | 784 | -56 |
8 | 3 | 51 | 0 | -15 | 0 | 225 | 0 |
9 | 1 | 93 | -2 | 27 | 4 | 729 | -54 |
10 | 4 | 44 | 1 | -22 | 1 | 484 | -22 |
Total | 0 | 0 | 20 | 7430 | -359 |
Where,
Substitute
Substitute
Thus, the regression equation of the data is
b.
![Check Mark](/static/check-mark.png)
Answer to Problem 25P
The percentage of variance in the income accounted for the regression equation is 86.7%.
Explanation of Solution
Calculation:
Formula to calculate the Pearson correlation is,
Where covariability of the variable x and y is
As calculated in part a
Substitute
Thus, the Pearson correlation of the given data is
Thus, 86.7% of the variance in the income is accounted for by the regression equation.
c.
![Check Mark](/static/check-mark.png)
Answer to Problem 25P
The regression equation is significance at 5% level of significance.
Explanation of Solution
Calculation:
As calculated in part a
Set the null hypothesis
The alternative hypothesis
Formula to calculate the
Where,
Substitute
Substitute
Thus the
Thus the
Thus the is 123.523.
Substitute 6441.81 for
Thus the F-ratio is 76.437.
From the F-table, the value of
Decision rule:
If the calculated F-value is less than table F-value, then there is enough evidence to accept to reject the null hypothesis.
As
Thus, the regression equation is significance at 5% level of significance.
Want to see more full solutions like this?
Chapter 14 Solutions
Aplia, 1 term Printed Access Card for Gravetter/Wallnau's Essentials of Statistics for the Behavioral Sciences, 8th
- You want to make a salad from whatever vegetable you have in the fridge. You have seven different tomatoes. There are 2 red tomatoes, 4 yellow tomatoes, and one black tomato in the fridge. You have three different bell peppers. There is 1 red pepper, 1 yellow pepper, and 1 green pepper. What is the probability of randomly choosing a vegetable and getting a red tomato, and a green pepper? Round your answer to four decimal places.arrow_forwarduppose automobile insurance companies gave annual premiums for top-rated companies in several states. The figure below shows box plots for the annual premium for urban customers in three states. Which state offers the lowest premium? Which state offers the highest premium?arrow_forwardWing Foot is a shoe franchise commonly found in shopping centers across the United States. Wing Foot knows that its stores will not show a profit unless they gross over $940,000 per year. Let A be the event that a new Wing Foot store grosses over $940,000 its first year. Let B be the event that a store grosses over $940,000 its second year. Wing Foot has an administrative policy of closing a new store if it does not show a profit in either of the first two years. Assume that the accounting office at Wing Foot provided the following information: 58% of all Wing Foot stores show a profit the first year; 72% of all Wing Foot store show a profit the second year (this includes stores that did not show a profit the first year); however, 86% of Wing Foot stores that showed a profit the first year also showed a profit the second year. Compute P(B|Ac). Round your answer to the nearest hundredth.arrow_forward
- You draw two cards from a standard deck of 52 cards, but before you draw the second card, you put the first one back and reshuffle the deck. If you get a3on the first card, find the probability of drawing a 3 for the second card.arrow_forwardDo bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (all Stocks). Let y be a random variable representing annual return for the Vanguard Balanced Index (60% stock and 40% bond). For the past several years, assume the following data. Compute the coefficient of variation for each fund. Round your answers to the nearest tenth. x: 14 0 37 21 35 23 24 -14 -14 -17 y: 8 -2 29 17 22 17 17 -2 -3 -8arrow_forwardWhat percentage of the general U.S. population have bachelor's degrees? Suppose that the Statistical Abstract of the United States, 120th Edition, gives the following percentage of bachelor’s degrees by state. For convenience, the data are sorted in increasing order. 17 18 18 18 19 20 20 20 21 21 21 21 21 22 22 22 22 22 23 23 24 24 24 24 24 25 25 25 25 26 26 26 26 26 26 27 27 27 28 28 28 29 29 31 31 32 32 34 35 38 Illinois has a bachelor's degree percentage rate of about 18%. Into what quartile does this rate fall?arrow_forward
- What percentage of the general U.S. population have bachelor's degrees? Suppose that the Statistical Abstract of the United States, 120th Edition, gives the following percentage of bachelor’s degrees by state. For convenience, the data are sorted in increasing order. 17 18 18 18 19 20 20 20 21 21 21 21 21 22 22 22 22 22 23 23 24 24 24 24 24 25 25 25 25 26 26 26 26 26 26 27 27 27 28 28 28 29 29 31 31 32 32 34 35 38 Illinois has a bachelor's degree percentage rate of about 18%. Into what quartile does this rate fall?arrow_forwardFind the range for the following sample data. x 23 17 11 30 27arrow_forwardDo bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (all Stocks). Let y be a random variable representing annual return for the Vanguard Balanced Index (60% stock and 40% bond). For the past several years, assume the following data. Compute the sample mean for x and for y. Round your answer to the nearest tenth. x: 11 0 36 22 34 24 25 -11 -11 -22 y: 9 -3 28 14 23 16 14 -3 -4 -9arrow_forward
- Do bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (all Stocks). Let y be a random variable representing annual return for the Vanguard Balanced Index (60% stock and 40% bond). For the past several years, assume the following data. Compute the range for variable y. X 12 0 36 21 35 23 24 -12 -12 -21 Y 10 -2 26 15 22 18 15 -2 -3 -10arrow_forwardDo bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (all Stocks). Let y be a random variable representing annual return for the Vanguard Balanced Index (60% stock and 40% bond). For the past several years, assume the following data. Compute the range for variable y. X 12 0 36 21 35 23 24 -12 -12 -21 Y 10 -2 26 15 22 18 15 -2 -3 -10arrow_forwardDo bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for the Vanguard Total Stock Index (all Stocks). Let y be a random variable representing annual return for the Vanguard Balanced Index (60% stock and 40% bond). For the past several years, assume the following data. Compute the range for variable x. X 15 0 37 23 33 25 26 -15 -15 -23 Y 6 -1 28 18 24 17 18 -1 -2 -6arrow_forward
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
![Text book image](https://www.bartleby.com/isbn_cover_images/9781337111348/9781337111348_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)