Elementary Statistics - With 2 CD
12th Edition
ISBN: 9780321944412
Author: Triola
Publisher: PEARSON
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Chapter 10.3, Problem 18BSC
Regression and Predictions. Exercises 13-28 use the same data sets as Exercises 13-28 in Section 10-2. In each case, find the regression equation, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure 10-5.
18. Auction Bids An item not included in the table is a pair of New York Knicks tickets. The auctioneer started the bidding at $300. Find the best predicted winning bid. Is the result close to the actual winning bid of $250?
| Opening Bid | 1500 | 500 | 500 | 400 | 300 |
| Winning Bid | 650 | 175 | 125 | 275 | 125 |
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Students have asked these similar questions
Regression and Predictions. Exercises 13–28 use the same data sets as Exercises 13–28 in Section 10-1. In each case, find the regression equation, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure 10-5 on page 493.
Tips Using the bill/tip data, find the best predicted tip amount for a dinner bill of $100. What tipping rule does the regression equation suggest?
Section 10.2
Question #8
Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per 100,000 people, find the best predicted crash fatality rate for a year in which there are 450metric tons of lemon imports. Is the prediction worthwhile?
Lemon Imports
226
270
364
488
525
Crash Fatality Rate
16.1
15.9
15.6
15.5
15.1
Find the equation of the regression line.
y= ___________+( ____________)x
(Round the y-intercept to three decimal places as needed. Round the slope to four decimal places as needed.)
The best predicted crash fatality rate for a year in which there are
450 metric tons of lemon imports is _________ fatalities per 100,000 population.
(Round to one decimal place as needed.)
xi
2
6
9
13
20
yi
7
18
9
26
23
The estimated regression equation for these data is ŷ = 7.6+0.9x. What percentage of the total sum of squares can be accounted for by the estimated regression equation? What is the value of the sample correlation coefficient?
Chapter 10 Solutions
Elementary Statistics - With 2 CD
Ch. 10.2 - Notation For each of several randomly selected...Ch. 10.2 - Physics Experiment A physics experiment consists...Ch. 10.2 - Cause of High Blood Pressure Some studies have...Ch. 10.2 - Notation What is the difference between the...Ch. 10.2 - Interpreting r. In Exercises 5-8, use a...Ch. 10.2 - Interpreting r. In Exercises 5-8, use a...Ch. 10.2 - Interpreting r. In Exercises 5-8, use a...Ch. 10.2 - Cereal Killers The amounts of sugar (grams of...Ch. 10.2 - Explore! Exercises 9 and 10 provide two data sets...Ch. 10.2 - Explore! Exercises 9 and 10 provide two data sets...
Ch. 10.2 - Outlier Refer in the accompanying...Ch. 10.2 - Clusters Refer to the following Minitab-generated...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Prob. 14BSCCh. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Prob. 19BSCCh. 10.2 - Prob. 20BSCCh. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Prob. 23BSCCh. 10.2 - Prob. 24BSCCh. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Prob. 26BSCCh. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Testing for a Linear Correlation. In Exercises...Ch. 10.2 - Large Data Sets. In Exercises 29-32, use the data...Ch. 10.2 - Large Data Sets. In Exercises 29-32, use the data...Ch. 10.2 - Appendix B Data Sets. In Exercises 29-34, use the...Ch. 10.2 - Large Data Sets. In Exercises 29-32, use the data...Ch. 10.2 - Transformed Data In addition to testing for a...Ch. 10.2 - Prob. 34BBCh. 10.3 - Notation and Terminology If we use the paired...Ch. 10.3 - Best-Fit Line In what sense is the regression line...Ch. 10.3 - Prob. 3BSCCh. 10.3 - Notation What is the difference between the...Ch. 10.3 - Making Predictions. In Exercises 5-8, let the...Ch. 10.3 - Making Predictions. In Exercises 5-8, let the...Ch. 10.3 - Making Predictions. In Exercises 5-8, let the...Ch. 10.3 - Making Predictions. In Exercises 5-8, let the...Ch. 10.3 - Finding the Equation of the Regression Line. In...Ch. 10.3 - Finding the Equation of the Regression Line. In...Ch. 10.3 - Effects of an Outlier Refer to the Mini...Ch. 10.3 - Effects of Clusters Refer to the Minitab-generated...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 13-28 use...Ch. 10.3 - Regression and Predictions. Exercises 1328 use the...Ch. 10.3 - Regression and Predictions. Exercises 1328 use the...Ch. 10.3 - Regression and Predictions. Exercises 1328 use the...Ch. 10.3 - Large Data Sets. Exercises 2932 use the same...Ch. 10.3 - Large Data Sets. Exercises 2932 use the same...Ch. 10.3 - Prob. 31BSCCh. 10.3 - Large Data Sets. Exercises 29-32 use the same...Ch. 10.3 - Prob. 33BBCh. 10.3 - Prob. 34BBCh. 10.4 - Prob. 1BSCCh. 10.4 - Prediction Interval Using the heights and weights...Ch. 10.4 - Prob. 3BSCCh. 10.4 - Prob. 4BSCCh. 10.4 - Interpreting the Coefficient of Determination. In...Ch. 10.4 - Interpreting the Coefficient of Determination. In...Ch. 10.4 - Interpreting the Coefficient of Determination. In...Ch. 10.4 - Interpreting the Coefficient of Determination. In...Ch. 10.4 - Prob. 9BSCCh. 10.4 - Prob. 10BSCCh. 10.4 - Prob. 11BSCCh. 10.4 - Prob. 12BSCCh. 10.4 - Prob. 13BSCCh. 10.4 - Prob. 14BSCCh. 10.4 - Prob. 15BSCCh. 10.4 - Prob. 16BSCCh. 10.4 - Variation and Prediction Intervals. In Exercises...Ch. 10.4 - Prob. 18BSCCh. 10.4 - Prob. 19BSCCh. 10.4 - Prob. 20BSCCh. 10.4 - Confidence Intervals for 0 and 1 Confidence...Ch. 10.4 - Confidence Interval for Mean Predicted Value...Ch. 10.5 - Prob. 1BSCCh. 10.5 - Best Multiple Regression Equation For the...Ch. 10.5 - Adjusted Coefficient of Determination For Exercise...Ch. 10.5 - Interpreting R2 For the multiple regression...Ch. 10.5 - Prob. 5BSCCh. 10.5 - Prob. 6BSCCh. 10.5 - Prob. 7BSCCh. 10.5 - Prob. 8BSCCh. 10.5 - Prob. 9BSCCh. 10.5 - Prob. 10BSCCh. 10.5 - Prob. 11BSCCh. 10.5 - City Fuel Consumption: Finding the Best Multiple...Ch. 10.5 - Prob. 13BSCCh. 10.5 - Prob. 14BSCCh. 10.5 - Appendix B Data Sets. In Exercises 13-16, refer to...Ch. 10.5 - Appendix B Data Sets. In Exercises 13-16, refer to...Ch. 10.5 - Prob. 17BBCh. 10.5 - Prob. 18BBCh. 10.5 - Dummy Variable Refer to Data Set 9 Bear...Ch. 10.6 - Prob. 1BSCCh. 10.6 - Prob. 2BSCCh. 10.6 - Super Bowl and R2 Let x represent years coded as...Ch. 10.6 - Prob. 4BSCCh. 10.6 - Prob. 5BSCCh. 10.6 - Finding the Best Model. In Exercises 5-16,...Ch. 10.6 - Prob. 7BSCCh. 10.6 - Prob. 8BSCCh. 10.6 - Finding the Best Model. In Exercises 5-16,...Ch. 10.6 - Finding the Best Model. 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