I need help with part b please The accompanying values are a set of data for y, the amount of money (in thousands of dollars) contributed to thealumni association at a certain university from a certain graduate class, and x, the number of years followinggraduation for that class. Complete parts (a) through (c) below.Click the icon to view the contribution data.(a) Fit a regression model of the type μyx = ẞo +ẞ1×1.ŷ= -587 + (428) ×₁(Round to the nearest integer as needed.)(b) Fit a quadratic model of the type μyx = Po +ẞ₁×₁ +B₁₁x²₁.ŷ = ] + (1) ×₁ + ( )×(Round the x²-coefficient to one decimal place as needed. Round all other constants and coefficients to the nearestinteger as needed.) Contribution Datayxyx812.4212754.0011821.5024391.50121209.5035578.50131355.0045545.00141299.0086084.00 152562.5095762.00162528.50108907.0017

(a) For the regression model $ H(y|x) = B_0 + B_1x $: We're given the formula \( \hat{y} = -587 +…

Answered: The accompanying values are a set of…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section: Chapter Questions

Problem 41RE: For the following exercises, consider the data in Table 5, which shows the percent of unemployed in...

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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?
Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4
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.
For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year. Based on the set of data given in Table 5, calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient. Round to three decimal places of accuracy
For the following exercises, consider the data in Table 5, which shows the percent of unemployed in a city ofpeople25 years or older who are college graduates is given below, by year. 41. Based on the set of data given in Table 7, calculatethe regression line using a calculator or othertechnology tool, and determine the correlationcoefficient to three decimal places.
For the following exercises, consider the data in Table 5, which shows the percent of unemployed ina city of people 25 years or older who are college graduates is given below, by year. 40. Based on the set of data given in Table 6, calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient to three decimal places.
For the following exercises, consider this scenario: The profit of a company decreased steadily overa ten-year spam.The following ordered pairs shows dollars and the number of units sold in hundreds and the profit in thousands ofover the ten-year span, (number of units sold, profit) for specific recorded years: (46,600),(48,550),(50,505),(52,540),(54,495). Use linear regression to determine a function Pwhere the profit in thousands of dollars depends onthe number of units sold in hundreds.
A group of students measure the length and width of a random sample of beans. They are interested in investigating the relationship between the length and width. Their summary statistics are displayed in the table below. All units, if applicable, are millimeters. Mean width: 7.555 Stdev width: 0.914 Mean height: 12.686 Stdev height: 1.634 Correlation coefficient: 0.8203 d) If the students are interested in using the height of the beans to predict the width, calculate the slope of this new regression equation. e) Write the equation of the best-fit line that can be used to predict bean widths. Use x to represent height and y to represent width.
The following table displays the mathematics test scores for a random sample of college students, along with their final SY16C grades. a. Fit the regression line y = a+bx to the data and interpret the results. b. Use the regression equation to determine the SY16C grade for a college student who scored60 on their achievement test. What would their SY16C grade be?
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.
A county real estate appraiser wants to develop a statistical model to predict the appraised value of houses in a section of the county called East Meadow. One of the many variables thought to be an important predictor of appraised value is the number of rooms in the house. Consequently, the appraiser decided to fit the simple linear regression model: E(y) = β0 + β1x, where y = appraised value of the house (in thousands of dollars) and x = number of rooms. Using data collected for a sample of n = 74 houses in East Meadow, the following results were obtained: = 74.80 + 19.84 xGive a practical interpretation of the estimate of the slope of the least squares line. For a house with 0 rooms, we estimate the appraised value to be $74,800. For each additional room in the house, we estimate the appraised value to increase $74,800. For each additional room in the house, we estimate the appraised value to increase $19,840. For each additional dollar of…
(a) The standard error Se of the linear regression model is given in the printout as "S." What is the value of Se?

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