1. Why is the error term included in the regression model?2. Why we don't prefer to apply the Spearman correlation on thequantitative variables?3. Compare between the roles of both the regression coefficient and thecorrelation coefficient. Can the values of regression coefficient and thecorrelation coefficient have different signs? Explain.4. Explain the meaning of independent and dependent variables for aregression model. Explain the difference between a simple and amultiple regression model.5. What is difference between the normal and the standard normaldistributions?

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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 4SGR

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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 researcher wants to forecast the annual sales of Walmart, based on store size. To examine the relationship between the store size in square feet and its annual sales in million dollars, a sample of 14 stores was selected shown below in the picture : Answer the following: i) Null hypothesis of correlation ii) Coefficient of Correlation and its interpretation iii) Interpret the sig value of ANOVA. iv) Coefficient of Determination and its interpretation v) Write down the Regression Model. vi) Interpret the value of ‘a’ vii) Interpret the value of ‘slope’

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1. Why iIs the error term included in the regresSSion model?