The following are the intelligence quotients (IQ) and the grade point average (GPA) of incoming Grade 12 students. If a significan elationship exists between the variables, perform a regression analysis. What GPA will students A and B obtain if their IQs are 15 and 92, respectively? Support your answer with computations/tables and draw the corresponding scatter diagram. Student IQ GPA 1 153 94 2 120 87 108 89 4 135 93 97 85 110 86 7 155 95 126 88 122 86 10 94 84
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- A study was conducted to see whether heart rate (y) on swimmers linearly related to their age (x1) and swimming time for 2000 meters (x2). A random sample of ten swimmers was selected and the result is shown in the following Microsoft Excel output. (a)Interpret the value of R2 from the output. (b)Conduct a hypothesis test to test whether the linear regression model is fit or not using a = 0.05. (c)Calculate the 95% confidence interval for the coefficient value for age.A study was conducted to see whether heart rate (y) on swimmers linearly related to their age (x1) and swimming time for 2000 meters (x2). A random sample of ten swimmers was selected and the result is shown in the following Microsoft Excel output. (a) Interpret the value of R2 from the output. (b) Conduct a hypothesis test to test whether the linear regression model is fit or not using a = 0.05. (c) Calculate the 95% confidence interval for the coefficient value for age.The Wall Street Journal asked Concur Technologies, Inc., an expense management company, to examine data from 8.3 million expense reports to provide insights regarding business travel expenses. Their analysis of the data showed that New York was the most expensive city. The following table shows the average daily hotel room rate (X) and the average amount spent on entertainment (Y) for a random sample of 9 of the 25 most-visited U.S. cities. These data lead to the estimated regression equation y = 17.49 + 1.0334x. For these data SSE = 1541.4. Use Table 1 of Appendix B. a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals). b. Develop a 95% confidence interval for the mean amount spent on entertainment for all cities that have a daily room rate of $89 (to 2 decimals). c. The average room rate in Chicago is $128. Develop a 95% prediction interval for the amount spent on entertainment in Chicago (to 2 decimals).
- The Wall Street Journal asked Concur Technologies, Inc., an expense management company, to examine data from 8.3 million expense reports to provide insights regarding business travel expenses. Their analysis of the data showed that New York was the most expensive city. The following table shows the average daily hotel room rate (X) and the average amount spent on entertainment (Y) for a random sample of 9 of the 25 most-visited U.S. cities. These data lead to the estimated regression equation y = 17.49 + 1.0334x. For these data SSE = 1541.4. Use Table 1 of Appendix B. (NEED ANSWER FOR A) a. Predict the amount spent on entertainment for a particular city that has a daily room rate of $89 (to 2 decimals).Suppose the following data were collected from a sample of 15 houses relating selling price to square footage and the architectural style of the house. Use statistical software to find the following regression equation: PRICEi=b0+b1SQFTi+b2COLONIALi+b3RANCHi+ei . Is there enough evidence to support the claim that on average, houses that are ranch style have lower selling prices than houses that are Victorian style at the 0.05 level of significance? If yes, write the regression equation in the spaces provided with answers rounded to two decimal places. Else, select "There is not enough evidence."Selling Price Square Footage Colonial (1 if house is Colonial style, 0 otherwise) Ranch (1 if house is Ranch style, 0 otherwise) Victorian (1 if house is Victorian style, 0 otherwise) 377640 1941 1 0 0 460996 3397 0 1 0 405781 2764 0 0 1 407216 2906 0 0 1 435139 3401 1 0 0 405275 2600 0 0 1 381141 2203 0 1 0 370490 2046 1 0 0 404070 2210 0 0 1 460196 3692 0 1 0 382780 2172 1 0 0 406466 2606 0 1…A researcher notes that, in a certain region, a disproportionate number of software millionaires were born around the year 1955. Is this a coincidence, or does birth year matter when gauging whether a software founder will besuccessful? The researcher investigated this question by analyzing the data shown in the accompanying table. Complete parts a through c below. a. Find the coefficient of determination for the simple linear regression model relating number (y) of software millionaire birthdays in a decade to total number (x) of births in the region. Interpret the result. The coefficient of determination is 1.___? (Round to three decimal places as needed.) This value indicates that 2.____ of the sample variation in the number of software millionaire birthdays is explained by the linear relationship with the total number of births in the region. (Round to one decimal place as needed.) b. Find the coefficient of determination for the simple linear regression model…
- Suppose that a study estimates the effect of lockdowns by looking at the rates of COVID-19 infection across states over time when some of those states implement lockdowns and others do not. Which approach does this study take? a.Cross-sectional regression analysis b.Differences-in-Differences analysis c.Regression discontinuity d.Time series analysisA research department of an American automobile company wants to develop a model topredict gasoline mileage (measured in MPG) of the company’s vehicles by using theirhorsepower and weights (measured in pounds). To do this, it took a random sample of 50vehicles to perform a regression analysis as follows: SUMMARYOUTPUTRegression StatisticsMultiple R 0.865689R Square 0.749417Adjusted RSquare 0.738754Standard Error 4.176602Observations 50ANOVAdf SS MS FRegression a 2451.973702 1225.987 dResidual b 819.8680976 cTotal 49 3271.8418CoefficientsStandardError t StatIntercept 58.15708 2.658248208 21.87797Horsepower -0.11753 0.032643428 -3.60028Weight -0.00687 0.001401173 -4.90349(a) State the multiple regression equation. Interpret the meanings of the coefficients forhorsepower and weight.(b) Test the validity of this multiple regression equation at the significance level of 1%. Showyour reasoning.(c) The research department claims that the weight of the vehicle is negatively linearly related…Give an example of a research question that would be suitable for computing a: a) Correlation coefficient b) Regression line
- Bill is the office manager for a group of financial advisors who provide financial services for individual clients. She would like to investigate whether a relationship exists between the number of presentations made to prospective clients in a month and the number of new clients per month. The following table shows the number of presentations and corresponding new clients for a random sample of six employees. Employee Presentations New Clients 1 2 1 2 8 2 3 9 4 4 10 3 5 11 5 6 12 6 Bill would like to use simple regression analysis to estimate the number of new clients per month based on the number of presentations made by the employee per month. The average number of new clients per month for an employee who made 20 presentations per month is ________. 5.02 5.45 3.43 8.69The height and grade point average of 50 randomly selected students are recorded. The following Python code is used to fit a simple linear regression model using data collected from the sample that is stored in the gpa.csv file. Which of the two variables, “gpa” or “height”, is the response variable? Which is the predictor variable? Select one. import pandas as pdimport statsmodels.formula.api as smfscores = pd.read_csv('http://data-analytics.zybooks.com/gpa.csv')model = smf.ols(gpa ~ height', scores).fit() Question 4 options: gpa and height are both response variables. height is the response variable and gpa is the predictor variable. gpa is the response variable and height is the predictor variable. gpa and height are both predictor variables.Which of the following is not an example of systematic error in an observational study? A cross-sectional study recruits participants that are willing to sign up outside of a major university and meet the inclusion and exclusion criteria to take part in the survey relating unsafe sex habits to STIs. A researcher is interested in the relationship between coffee drinking and lung cancer, and after careful multivariate linear regression modeling determines that a significant percentage of the relationship is due to another variable, cigarette smoking. An observational study recruits participants for a study looking at Alzheimer’s disease due to exposure to industrial hazards by asking participants to recall their exposure over the past 10 years. data-entry specialist responsible for adding in fasting glucose levels to a database accidentally skipped an observation during the input phase of data cleaning.