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- The least-squares regression equation is y=728.0x+14,705 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.8165. For every dollar increase in median income, the percent of adults having at least a bachelor's degree is ___%, on average. For a median income of $0, the percent of adults with a bachelor's degree is ____%.Use the general equation for the least square regression line to show that this line always passes through the point (x,y) * bars above the x and y.That is, set x=x(with a bar above the x) and show that the line predicts that y=y (with a bar above the y).Calculate the simple linear regression to determine if the amount of sleep (y) can be predicted by time spent on homework (x). Graph the relationship and determine, numerically, if there are any outliers. Interpret all results in a paragraph citing the appropriate statistics. Sleep in minutes (Y): 360,400,420,440,540,480,320,440,360,420,420,390,360,480,360,360,480,420,360,480,270,360,420,360,420 Homework in minutes (X): 30,45,60,15,75,120,80,60,100,45,60,50,60,120,60,60,60,60,90,180,165,90,60,60,90
- The least-squares regression equation is y=620.6x+16,624 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7004. Predict the median income of a region in which 30% of adults 25 years and older have at least a bachelor's degree.On the second sheet is data which shows the rate of growth of a particular patch of bamboo vs daily high temperature.(a) Construct a scatterplot, including the equation of the line of best fit and value of R2.(b) What would the predicted growth rate be for a day with a temperature of 84◦?(c) Is there evidence, at α = 0.01, to support a claim that there is a linear relationship between temperature and growth rate? Please state clearly the null hypothesis, the alternative hypothesis, and what decision you make.The table below shows the amounts of crude oil (in thousands of barrels per day) produced by a country and the amounts of crude oil (in thousands of barrels per day) imported by a country, for the last seven years. Construct and interpret a 95% prediction interval for the amount of crude oil imported by the this country when the amount of crude oil produced by the country is 5,509 thousand barrels per day. The equation of the regression line is ModifyingAbove .y=−1.137x+15,912.199. Oil produced, x 5,830 5,704 5,645 5,405 5,159 5,053 5,028 Oil imported, y 9,300 9,117 9,628 10,062 10,119 10,159 10,013 Construct and interpret a 95% prediction interval for the amount of crude oil imported when the amount of crude oil produced by the country is 5,509 thousand barrels per day. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) A. We can be 95% confident…
- The least-squares regression equation is y=647.8x+17,858 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7507. predict the median income of a region in which 20% of adults 25 years and older have at least a bachelor's degree. Round to the nearest dollar as needed.Let x be the size of a house (in square feet) and y be the amount of natural gas used (therms) during a specified period. Suppose that for a particular community, x and y are related according to the simple linear regression model with the following values. ? = slope of population regression line = 0.016 ? = y intercept of population regression line = −7 Question: Graph the population regression line by first finding the point on the line corresponding to x = 1,000 and then the point corresponding to x = 2,000, and drawing a line through these points.he following estimated regression model was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female).ŷ = 30 + 0.7x1 + 3x2Also provided are SST = 1200 and SSE = 384. The yearly income of a 24-year-old female individual is
- The annual energy consumption in billions of Btu for both natural gas and coal is shown for a random selection of states. Gas 223 474 377 289 747 146 Coal 478 631 413 356 736 474 If 500 billion Btu of natural gas is used then what is the projected amount of coal that is usedThe projected amount of coal that is used is billion Btu. (Use your regression equation with the rounded values for m and b to find your answer to this question. Round your answer to THREE decimal places, add extra zeros at the end, if needed) (Round answer to 3 decimal places, for example, XXX.XXX)The least-squares regression equation is y=784.6x+12,431 where y is the median income and x is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7962. Interpret the slope.The least-squares regression equation is y = 758.4x + 12.9 12,935 where y is the median income and is the percentage of 25 years and older with at least a bachelor's degree in the region. The scatter diagram indicates a linear relation between the two variables with a correlation coefficient of 0.7500. (a) Predict the median income of a region in which 30% of adults 25 years and older have at least a bachelor's degree.