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- Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t= Years since 2006 0 1 2 3 4 5 6 7 8 9 10 K= Price 56 51 50 55 58 52 45 43 44 48 51 Make a quartic model of these data. Round the regression parameters to two decimal places.Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?
- A U.S. state's Bureau of Economic Geology published a study on the economic impact of using carbon dioxide enhanced oil recovery (EOR) technology to extract additional oil from fields that have reached the end of their conventional economic life. The following table gives the approximate number of jobs for the citizens that would be created at various levels of recovery. Percent Recovery (%) 20 40 80 100 Jobs Created (Millions) 6 9 12 18 Find the regression line. j(r) = Use the regression line to estimate the number of jobs that would be created at a recovery level of 60%. _____ million jobssuppose data were collected from a sample of 10 Pizza restaurants located near college campuses. For the ith observation or restaurant in the sample, x_i is the size of the student population (in hundreds) and y_i is the quarterly sales (in thousand of shillings). Restaurant 1 2 3 4 5 6 7 8 9 10 Student(100s) 2 6 8 8 12 16 20 20 22 26 Sales (Kshs.1000s) 58 105 88 118 117 137 157 169 149 202 Estimate the regression equation for the quarterly sales and the student population.Consider the following data for a dependent variable y and two independent variables, x1 and x2. x1 x2 y 30 12 94 47 10 108 25 17 112 51 16 178 40 5 94 51 19 175 74 7 170 36 12 117 59 13 142 76 16 211 (a) Develop an estimated regression equation relating y to x1. (Round your numerical values to one decimal place.) ŷ = −18.4+2+4.74x2 Predict y if x1 = 76. (Round your answer to one decimal place.) (b) Develop an estimated regression equation relating y to x2. (Round your numerical values to one decimal place.) ŷ = Predict y if x2 = 16. (Round your answer to one decimal place.) (c) Develop an estimated regression equation relating y to x1 and x2. (Round your numerical values to one decimal place.) ŷ = Predict y if x1 = 76 and x2 = 16. (Round your answer to one decimal place.)
- 6h. A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ŷ = 83 + 4x. Salesperson Years ofExperience Annual Sales($1,000s) 1 1 80 2 3 97 3 4 102 4 4 107 5 6 103 6 8 116 7 10 119 8 10 123 9 11 127 10 13 136 (a) Compute SST, SSR, and SSE. SST=SSR=SSE= (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) r2 = (c) What is the value of the sample correlation coefficient? (Round your answer to three decimal places.)The following are data on the average weekly profits(in $1,000) of five restaurants, their seating capacities, andthe average daily traffic (in thousands of cars) that passestheir locations: Seating Traffic Weekly netcapacity count profitx1 x2 y120 19 23.8200 8 24.2150 12 22.0180 15 26.2240 16 33.5 (a) Assuming that the regression is linear, estimate β0, β1,and β2.(b) Use the results of part (a) to predict the averageweekly net profit of a restaurant with a seating capacityof 210 at a location where the daily traffic count averages14,000 cars.Obtain the equations of the lines of regression of Y on X from the following data.X : 12 18 24 30 36 42 48Y : 5.27 5.68 6.25 7.21 8.02 8.71 8.42 Estimate the most probable value of Y, when X = 40.
- A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ŷ = 80 + 4x. Salesperson Years ofExperience Annual Sales($1,000s) 1 1 80 2 3 97 3 4 97 4 4 102 5 6 103 6 8 101 7 10 119 8 10 118 9 11 127 10 13 136 (a) Compute SST, SSR, and SSE. SST = SSR = SSE = (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) r2 = Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line provided a good fit as a large proportion of the variability in y has been explained by the…A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ŷ = 80 + 4x. Salesperson Years ofExperience Annual Sales($1,000s) 1 1 80 2 3 97 3 4 92 4 4 107 5 6 103 6 8 101 7 10 119 8 10 118 9 11 127 10 13 136 (a) Compute SST, SSR, and SSE. SST=SSR=SSE= (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) r2 = Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line.The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line. The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by…Consider the following data on x = rainfall volume (m3) and y = runoff volume (m3) for a particular location. x 4 12 14 20 23 30 40 47 55 67 72 83 96 112 127 y 4 10 13 14 15 25 27 46 38 46 53 75 82 99 104 Use the accompanying Minitab output to decide whether there is a useful linear relationship between rainfall and runoff. The regression equation isrunoff = -2.07 + 0.850 rainfall Predictor Coef Stdev t-ratio p Constant -2.067 2.412 -0.86 0.407 rainfall 0.85038 0.03708 22.93 0.000 s = 5.321 R-sq = 97.6% R-sq(adj) = 97.4% State the appropriate null and alternative hypotheses. H0: ?1 = 0 Ha: ?1 > 0 H0: ?1 = 0 Ha: ?1 ≠ 0 H0: ?1 = 0 Ha: ?1 < 0 H0: ?1 ≠ 0 Ha: ?1 = 0 Compute the test statistic value and find the P-value. (Round your test statistic to two decimal places and your P-value to three decimal places.) t = P-value = State the conclusion in the problem context. (Use ? = 0.05.) Reject H0. There is a useful linear relationship…