A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + ɛ. The following table summarizes a portion of the regression results. Standard Coefficients Error t-stat p-value Intercept 56.1797 5.2154 10.7719 0.0000 Age 0.2874 0.0841 3.4174 0.0041 At the 10% significance level, which of the following is the correct confidence interval of the regression coefficient ß1? Multiple Choice (0.1230, 0.4318] (0.1230, 0.1570) (0.1430, 0.4318] (0.1430, 0.1570)

A sociologist wishes to study the relationship between happiness and age. He interviews 24 individuals and collects data on age and happiness, measured on a scale from 0 to 100. He estimates the following model: Happiness = Bo + B1Age + ɛ. The following table summarizes a portion of the regression results. Standard Coefficients Error t-stat p-value Intercept 56.1797 5.2154 10.7719 0.0000 Age 0.2874 0.0841 3.4174 0.0041 At the 10% significance level, which of the following is the correct confidence interval of the regression coefficient ß1? Multiple Choice (0.1230, 0.4318] (0.1230, 0.1570) (0.1430, 0.4318] (0.1430, 0.1570)

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.6: Higher-degree Polynomials And Rational Functions

Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...

See similar textbooks

Similar questions

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?
The 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.
It is considered that the number of employees in the enterprise affects the number of production. Data are given below. Which of the following is the simple linear regression equation?
The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenueas a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly GrossRevenue($1000s) Television Advertising($1000s) Newspaper Advertising($1000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 a. Develop an estimated regression equation with the amount of televisionadvertising as the independent variable.b. Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. c. Is the estimated regression equation coefficient for television advertisingexpenditures the same in part (a) and in part (b)? Interpret the coefficient in each case. d. Predict weekly gross revenue for a week when $3500 is spent on television advertising and $1800 is spent on newspaper advertising.
If we collect monthly sales over two years for N=100 stores, we should not apply a simple linear regression model directly to the data, because the observations are not independent with each other. Is this statement True or False? A) True B) False
The owner of Showtime Movie Theaters, Inc. would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly GrossRevenue($1000s) TelevisonAdvertising($1000s) NewspaperAdvertising($1000s) Part a 96 5.0 1.5 Develop an estimated regression equation with the amount of television advertising as the independent variable. 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 Part b Develop an estimated regression equation with both television advertising and news paper advertising as independent variables.…
Given a generic data set (x,y) with a linear regression. How do you determine if the y(dependent) will be less than a certain value?
Which of the multivariate regression parameters listed below would be best interpreted as: the predicted change in the dependent variable for a one-unit change in an independent variable, holding constant all the other independent variables in the model. a b1 X1 R2
An investigation into the relationship between an adolescent mother's age x in years and the birth weight y of her baby in grams yielded the regression equation y= - 1163.45 + 245.15x as well as r = .88369, r2= .78091, SSE = 337212.45, and s= 205.30844 1) What is the predicted birth weight for a baby brn to a 17 year old woman? 2) What is the propotion of the variability in the weights of babies born to adolescent mothers that is accounted for by the mother's age? 3) For every additional year in the mother's age that mean birth weight of the baby? (a) increases by about 245g (b) decreases by about 245g (c) increases by about 1163g (d) increases by about 1163g (e) changes by an amount that cannot be determined from the information given.
which of the following regressions represents the strongest negative linear relationship between x and y? (Attached in picture provided)
Given a generic data set (x,y) with a linear regression. How do you determine if the y(dependent) will be less/greater than a certain value at a decided value of x?
The Mayor of texas whom is partners with a local agriculturalist wants to know how the amount of fertilizer and the amount of water given to plants affect their growth. The results were inputted into MINITAB so as to fit the model a) Write out the regression equation b) What is the sample size used in this investigation? c) Determine the values of *, ** and ***, **** d) Conduct a hypothesis test, at the 5% level of significance, to determine whether ? is significant. e) What would be the growth of the plant if 4g of fertilizer and 7g of ater was given to it daily? f) Carry out an F -test at the 1% significance level to determine whether the model is significant