The price X (dollars per pound) and consumption y (in pounds per capita) of beef were samples for 10 randomly selected years. The following data should be used to answer the question that follows. n = 10 Ex = 36.19 Ex2 = 134.17 2.9 < x S 6.2 Ey = 36.19774.74 Ey2 = 60739.23 Exy = 2832.21 %| Before the standard error of regression, se , can be calculated, it is necessary to calculate SSyy. Enter the value for SSyy accurate to the nearest tenth.
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- Find the equation of the regression line for the following data set. x 1 2 3 y 0 3 4For 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 accuracyOlympic 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?
- If there is no significant correlation between the response and explanatory variables, would the slope of the regression line be (a) positive (b) negative (c) zero?Suppose that a sample of n = 12 pairs of X and Y scores has SSY = 90 and a Pearson correlation of r = +0.40. Does the regression equation predict a significant portion of the variance? Test with α = .05.(hint: SStotal = SSY; r2 = SSregression/SSTotal)Using the regression line attached. Based on only the above plot, one can conclude: a) height causes an increase in weight b) weight causes an increase in height c) taller people are more likely to weigh more than shorter people, at least in the sample on which this data is based d) a statistically significant predictive relationship between height and weight e) c and d
- In a simple bivariate regression with 25 observations, is a non standardized residual of e1 =4.22 considered an outlier?Which of the following is not a plot of residuals typically used in multiple regression analysis?Select one:a. None of these b. Residuals versus correlation coefficients..c. Residuals versus X1.d. Residuals versus timee. Residuals versus X2.Does a high value of r2 imply that two variables are causally related? Explain. In your own words, explain the difference between an interval estimate of the mean value of y for a given x and an interval estimate for an individual value of y for a given x. What is the purpose of testing whether ᵝ1=0? If we reject ᵝ1=0, does it imply a good fit? The admissions officer for Clearwater College developed the following estimated regression equation relating the final college GPA to the student’s SAT mathematics score and high-school GPA. yˆ= -1.41 + .0235x1 + .00486x2 Where x1 = high-school grade point average x2 = SAT mathematics score y = final college grade point average Interpret the coefficients in this estimated regression equation. Estimate the final college GPA for a student who has a high-school average of 84 and a score of 540 on the SAT mathematics test.
- Sarah 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 7 2 2 9 3 3 9 4 4 10 3 5 11 5 6 12 3 Sarah 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 expected number of new clients per month for an employee who made 10 presentations per month is ________. 2.3982 1.6753 3.0521 3.4348Bill 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 average midterm score in a large statistics class was 65 with an SD of 15. The average final score in the same class was 70 with an SD of 10. The correlation coefficient between midterm and final scores was r=0.6. Using the regression line, we predict the final score of a student with a midterm score of 80 to be , but this prediction is likely to be off by about . Fill in the blanks, rounding each answer to one decimal point.