The accompanying data file contains 40 observations on the response variable y along with the predictor variables x₁ and x2. Use the holdout method to compare the predictability of the linear model with the exponential model using the first 30 observations for training and the remaining 10 observations for validation. Click here for the Excel Data File a-1. Use the training set to estimate Models 1 and 2. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Predictor Variable Constant Model 1 (Linear) Model 2 (Exponential)
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- ID Manufacturer Engine Type Engine Type (0=diesel) Capacity Maintenance cost Age Odometer Miles Miles traveled since the last maintenance 10 Keiser Gasoline 1 14 4646 5 54375 10417 396 Thompson Diesel 0 14 1072 2 21858 10851 122 Bluebird Gasoline 1 55 9394 10 116580 10426 751 Keiser Diesel 0 14 1078 2 22444 11894 279 Bluebird Diesel 0 55 1008 2 22672 10106 500 Bluebird Gasoline 1 55 5329 5 50765 11880 520 Bluebird Diesel 0 55 4794 10 119130 11581 759 Keiser Diesel 0 55 3952 8 87872 10758 714 Bluebird Diesel 0 42 3742 7 73703 10854 875 Bluebird Diesel 0 55 4376 9 97947 11527 600 Bluebird Diesel 0 55 4832 10 119860 11614 953 Bluebird Diesel 0 55 5160 10 117700 11143 101 Bluebird Diesel 0 55 1955 4 41096 10614 358 Bluebird Diesel 0 55 2775 6 70086 9956 29 Bluebird Gasoline 1 55 5352 6 69438 10070 365 Keiser Diesel 0 55 3065 6 63384 11024 162 Keiser Gasoline 1 55 3143 3 31266 10236 686 Bluebird Diesel 0 55 1569 3 34674 11465 370 Keiser Gasoline 1 55…ID Manufacturer Engine Type Engine Type (0=diesel) Capacity Maintenance cost Age Odometer Miles Miles traveled since the last maintenance 10 Keiser Gasoline 1 14 4646 5 54375 10417 396 Thompson Diesel 0 14 1072 2 21858 10851 122 Bluebird Gasoline 1 55 9394 10 116580 10426 751 Keiser Diesel 0 14 1078 2 22444 11894 279 Bluebird Diesel 0 55 1008 2 22672 10106 500 Bluebird Gasoline 1 55 5329 5 50765 11880 520 Bluebird Diesel 0 55 4794 10 119130 11581 759 Keiser Diesel 0 55 3952 8 87872 10758 714 Bluebird Diesel 0 42 3742 7 73703 10854 875 Bluebird Diesel 0 55 4376 9 97947 11527 600 Bluebird Diesel 0 55 4832 10 119860 11614 953 Bluebird Diesel 0 55 5160 10 117700 11143 101 Bluebird Diesel 0 55 1955 4 41096 10614 358 Bluebird Diesel 0 55 2775 6 70086 9956 29 Bluebird Gasoline 1 55 5352 6 69438 10070 365 Keiser Diesel 0 55 3065 6 63384 11024 162 Keiser Gasoline 1 55 3143 3 31266 10236 686 Bluebird Diesel 0 55 1569 3 34674 11465 370 Keiser Gasoline 1 55…Assignment Miles Gasoline Consumption Deliveries Time 1 100.0 10.0 4.0 9.3 2 50.0 6.2 3.0 4.8 3 100.0 9.5 4.0 8.9 4 100.0 10.3 2.0 6.5 5 50.0 4.7 2.0 4.2 6 80.0 7.8 2.0 6.2 7 75.0 7.7 3.0 7.4 8 65.0 6.4 4.0 6.0 9 90.0 8.8 3.0 7.6 10 90.0 10.0 2.0 6.1 11 50.0 5.0 5.0 7.0 12 45.0 4.9 6.0 7.0 13 85.0 8.1 5.0 9.6 14 65.0 6.6 2.0 6.5 15 40.0 4.0 6.0 7.2 16 50.0 5.5 3.0 6.0 17 75.0 7.4 5.0 9.9 18 75.0 7.6 4.0 8.6 19 65.0 6.8 3.0 4.9 20 90.0 8.4 3.0 7.5 21 95.0 8.8 1.0 7.2 22 95.0 10.2 6.0 9.9 23 50.0 4.6 1.0 5.6 24 80.0 8.6 3.0 7.5 25 90.0 8.6 2.0 7.8 26 80.0 8.8 3.0 7.2 27 75.0 6.9 3.0 7.0 28 95.0 10.0 2.0 8.7 29 90.0 9.2 1.0 6.4 30 100.0 9.4 3.0 9.9 31 60.0 6.0 1.0 4.1 32 90.0 9.8 4.0 9.3 33 70.0 6.8 5.0 9.1 34 100.0 9.4 5.0 8.9 35 40.0 4.9 4.0 5.4 36 80.0 7.5 2.0 5.9 37 90.0 9.4 4.0 8.8 38 80.0 8.6 5.0 8.4 39 95.0 8.6 2.0 9.4 40 75.0 8.0 5.0 8.8 41 40.0 3.8 3.0 5.0 42 45.0 5.7 3.0 6.5 43 75.0 7.9 6.0 8.7…
- WAGE EDUC EXPER AGE GENDER RACE 1345 6 2 38 0 1 2435 4 18 52 1 1 1715 6 4 45 1 1 1461 6 4 58 1 1 1639 9 3 30 1 0 1345 5 8 43 0 1 1602 7 6 30 0 1 1144 4 3 33 0 0 1566 6 23 51 1 0 1496 4 15 37 1 1 1234 4 9 45 0 0 1345 6 3 55 0 1 1345 5 14 57 0 1 3389 9 16 36 1 1 1839 4 20 60 1 1 981 4 5 35 1 0 1345 9 10 34 0 1 1566 5 4 28 0 0 1187 6 1 25 0 1 1345 7 10 43 0 1 1345 9 2 42 0 1 2167 4 17 47 1 0 1402 11 2 46 1 1 2115 4 15 52 1 0 2218 8 11 64 1 1 3575 11 1 39 1 1 1972 4 1 39 1 1 1234 4 2 40 0 1 1926 5 9 53 1 0 2165 6 15 59 0 1 2365 6 12 35 0 0 1345 9 5 45 0 1 1839 4 14 37 0 0 2613 5 14 37 1 1 2533 11 3 43 1 1 1602 8 5 32 0 1 1839 9 18 40 0 1 2218 7 1 49 1 1 1529 4 10 43 0 0 1461 1 10 31 1 0 3307 9 22 45 1 1 3833 11 3 31 1 1 1839 4 14 55 1 0 1461 6 5 30 0 1 1433 9 3 28 1 0 2115 6 15 60 0 0 1839 4 13 32 1 0 1288 4 9 58 1 0 1288 6 4 29 0 0Value Added by Mfg. Cost of Materials 23518 78713 15724 42774 24506 27222 21667 37040 20712 12030 12640 13674 4258 19130 35210 33521 20548 19612 23442 5557 287 163 1508 314 624 2622 2471 4219 4307 5357 673 1061 817 707 8986 10421 3145 4140 4076 7125 3806 8994 4276 5504 1239 716 9423 8926 11045 11121 1916 2283 599 364 2063 1813 34 71 1445 1321 10603 12376 5775 9661 10404 19285 13274 18632 1909 2170 4606 7290 5518 8135 12464 12980 5447 4011 2290 5101 4182 3755 2818 2694 2201 3279 18848 20596 9655 10604 15668 24634 25918 28963 30692 8483 17982 6940 17857 8863 9699 2823 38407 29572 3878 3811 3989 1047 4388 2055 4055 1098 16567 11298 25025 34596 59813 27187 31801 19932 8497 9849 28886 46935 12277 11130 11547 13085 26006 132880 3464 6182 2187 4446 7079 7091 442 496 4528 3805 7275 7195 55621 57264 1313 1865 162 163 1907 1682 53 85 747 395…An urgent care center has two campuses, A and B. The doctors at the two campuses are comparing the wait time in minutes for customers. The amount of time was measured for each patient at both campuses. The results are provided in the table below. Campus A Campus B 99 2424 1515 1111 2121 1414 1919 1313 3030 2222 3131 55 1616 1111 2727 1717 1919 2121 77 1717 2222 2626 2828 2424 2121 1818 44 3737 3333 88 Justify the measure of center and measure of spread that could be used to compare the two data sets. The median and interquartile range could be used because the distribution for Campus A is skewed right with an outlier of 3030 minutes, and the distribution for Campus B is roughly symmetric with no outliers. The median and interquartile range could be used. Although there are no outliers, the distribution for Campus A is skewed left, and the distribution for Campus B is skewed right. The mean and standard deviation could be used. Both of the…
- STUDENT ID HEIGHT (m) WEIGHT (kg) AGE 221063641 1.65 60 18 221026045 1.45 41 17 220050244 1.71 65 18 221082107 1.55 45 17 221003142 1.57 53 19 221137823 1.68 64 18 221056904 1.60 52 20 221051686 1.64 60 21 221009965 1.68 58 22 221120580 1.50 64 21 221007148 1.65 56 22 221139850 1.55 56 20 220036489 1.65 54 20 221067817 1.68 60 21 221047220 1.79 65 18 220040028 1.70 61 18 221010386 1.50 51 18 221079017 1.65 50 19 220040028 1.56 56 19 221078673 1.65 65 21 219060045 1.68 68 21 220049408 1.66 65 19 21915970 1.56 56 19 220090246 1.65 60 19 220119066 1.73 68 21 219057222 1.58 58 19 220119287 1.65 65 18 220076499 1.78 65 19 220119805 1.68 68 19 Question 1 Use graphical descriptive techniques (Pie…Café Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price Number Sold $2.702.70 770770 $3.503.50 515515 $2.002.00 980980 $4.104.10 240240 $3.203.20 320320 $4.054.05 475475 Expain the steps for usingsimple linear regression and given that the price per cup is $1.75, the forecasted demand for mocha latte coffees will be how many cups?Timestamp How Long Do You Sleep?2023/06/19 9:22:59 AM GMT+8 7 Hours2023/06/19 9:27:20 AM GMT+8 10 hours2023/06/19 9:27:33 AM GMT+8 7 Hours2023/06/19 9:27:58 AM GMT+8 4 Hours2023/06/19 9:29:42 AM GMT+8 7 Hours2023/06/19 9:35:06 AM GMT+8 5 Hours2023/06/19 9:38:05 AM GMT+8 7 Hours2023/06/19 9:38:23 AM GMT+8 7 Hours2023/06/19 11:25:53 AM GMT+8 7 Hours2023/06/19 3:29:53 PM GMT+8 7 Hours2023/06/19 3:30:01 PM GMT+8 7 Hours2023/06/19 3:30:09 PM GMT+8 7 Hours2023/06/19 3:30:21 PM GMT+8 7 Hours2023/06/19 3:30:23 PM GMT+8 7 Hours2023/06/19 3:30:28 PM GMT+8 7 Hours2023/06/19 3:30:31 PM GMT+8 7 Hours2023/06/19 3:30:37 PM GMT+8 7 Hours2023/06/19 3:30:38 PM GMT+8 7 Hours2023/06/19 3:30:43 PM GMT+8 7 Hours2023/06/19 3:30:44 PM GMT+8 7 Hours2023/06/19 3:30:49 PM GMT+8 7 Hours2023/06/19 3:30:51 PM GMT+8 7 Hours2023/06/19 3:30:56 PM GMT+8 7 Hours2023/06/19 3:31:00 PM GMT+8 7 Hours2023/06/19 3:31:06 PM GMT+8 7 Hours2023/06/19…
- 214.26 356.79 424.96 231.51 353.89 552.75 281.93 303.66 518.15 234.62 336.36 514.07 246.55 341.26 575.65 277.97 452.59 652.23 267.33 482.71 775.82 209.67 445.44 769.54 372.05 428.84 765.86 320.02 485.78 819.89. The table below contains the total cost ($) for four tickets to a basketball game purchased on the secondary market, two beers, two soft drinks, two hot dogs, and one parking space at each arena during a recent season. a. Organize these costs as an ordered array. b. Construct a frequency distribution and a percentage distribution for these costs. c. Around what values, if any, are at least 75% of the costs of attending the game concentrated? Explain. Question content area bottom Part 1 a. Organize these costs as an ordered array. enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your…R-Studio or by hand. Thank you! Data: TSERofReturn AcmeRofReturn 1 0.42478 -0.48194 2 1.61213 -0.73284 3 -0.98754 -2.28445 4 -0.30013 -1.55312 5 1.41215 0.68674 6 0.68725 -1.31132 7 0.03733 -0.83295 8 -1.72494 -1.71975 9 0.33729 1.14443 10 -1.07502 -1.79885 11 0.86222 0.89736 12 1.17468 1.66664 13 -0.38761 -0.02658 14 1.66212 0.9086 15 1.09969 1.99935 16 -0.06266 0.46148 17 -1.96241 -1.41004 18 -1.32499 -0.38086 19 -1.51247 -1.90904 20 0.74974 0.91873 21 -0.38761 -0.49714 22 -0.17514 -1.31385 23 -3.41222 -1.15681 24 -0.01266 2.11718 25 0.16231 1.78766 26 -0.82506 1.30344 27 -0.41261 -0.43377 28 0.2623 -1.70274 29 -1.16251 0.4692 30 -1.05003 0.27671 31 -0.65008 -0.63741 32 0.62475 2.9895 33 -0.68758 1.3613 34…