STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Chapter 15.3, Problem 16E
In exercise 6, data were given on the average number of passing yards per attempt (Yds/ Att), the number of interceptions thrown per attempt (Int/Att), and the percentage of games won (Win%) for a random sample of 16 National Football League (NFL) teams for one full season.
- a. Did the estimated regression equation that uses only the average number of passing yards per attempt as the independent variable to predict the percentage of games won provide a good fit?
- b. Discuss the benefit of using both the average number of passing yards per attempt and the number of interceptions thrown per attempt to predict the percentage of games won.
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Life insurance companies are keenly interested in predicting how long their customers are likely to live, because this will determine their premiums and ultimately their profitability. An Australian life insurance company is interested in the relationship, if any, between the age at death of their male customers and that of the customer’s father. Data are collected on a random sample of 100 of their male customers who have recently died. The customer’s age at death was plotted against that of their father and a linear regression model applied. Relevant output is shown below.
Say how you know from the output that there actually is a significant linear relationship between a male customer’s age at death and his father’s age at death.
State the value of the coefficient of Father’s Age (Death) and interpret this value in the context of the problem at hand.State the value of the coefficient of determination in the model and interpret this value in the context of the situation.
Chapter 15 Solutions
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Ch. 15.2 - The estimated regression equation for a model...Ch. 15.2 - Consider the following data for a dependent...Ch. 15.2 - In a regression analysis involving 30...Ch. 15.2 - A shoe store developed the following estimated...Ch. 15.2 - The owner of Showtime Movie Theaters, Inc., would...Ch. 15.2 - The National Football League (NFL) records a...Ch. 15.2 - PC Magazine provided ratings for several...Ch. 15.2 - The Cond Nast Traveler Gold List provides ratings...Ch. 15.2 - The Professional Golfers Association (PGA)...Ch. 15.2 - Prob. 10E
Ch. 15.3 - In exercise 1, the following estimated regression...Ch. 15.3 - Prob. 12ECh. 15.3 - In exercise 3, the following estimated regression...Ch. 15.3 - In exercise 4, the following estimated regression...Ch. 15.3 - In exercise 5, the owner of Showtime Movie...Ch. 15.3 - In exercise 6, data were given on the average...Ch. 15.3 - Prob. 17ECh. 15.3 - Refer to exercise 10, where Major League Baseball...Ch. 15.5 - In exercise 1, the following estimated regression...Ch. 15.5 - Refer to the data presented in exercise 2. The...Ch. 15.5 - The following estimated regression equation was...Ch. 15.5 - In exercise 4, the following estimated regression...Ch. 15.5 - Prob. 23ECh. 15.5 - Prob. 24ECh. 15.5 - The Cond Nast Traveler Gold List for 2012 provided...Ch. 15.5 - In exercise 10, data showing the values of several...Ch. 15.6 - In exercise 1, the following estimated regression...Ch. 15.6 - Refer to the data in exercise 2. The estimated...Ch. 15.6 - In exercise 5, the owner of Showtime Movie...Ch. 15.6 - In exercise 24, an estimated regression equation...Ch. 15.6 - The American Association of Individual Investors...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Management proposed the following regression model...Ch. 15.7 - Refer to the Johnson Filtration problem introduced...Ch. 15.7 - This problem is an extension of the situation...Ch. 15.7 - The Consumer Reports Restaurant Customer...Ch. 15.7 - A 10-year study conducted by the American Heart...Ch. 15.8 - Data for two variables, x and y, follow. xi 1 2 3...Ch. 15.8 - Data for two variables, x and y, follow. xi 22 24...Ch. 15.8 - Exercise 5 gave the following data on weekly gross...Ch. 15.8 - The following data show the curb weight,...Ch. 15.8 - The Ladies Professional Golfers Association (LPGA)...Ch. 15.9 - Refer to the Simmons Stores example introduced in...Ch. 15.9 - In Table 15.12 we provided estimates of the...Ch. 15.9 - Community Bank would like to increase the number...Ch. 15.9 - Over the past few years the percentage of students...Ch. 15.9 - The Tire Rack maintains an independent consumer...Ch. 15 - The admissions officer for Clearwater College...Ch. 15 - The personnel director for Electronics Associates...Ch. 15 - A partial computer output from a regression...Ch. 15 - Recall that in exercise 49, the admissions officer...Ch. 15 - Recall that in exercise 50 the personnel director...Ch. 15 - The Tire Rack, Americas leading online distributor...Ch. 15 - The Department of Energy and the U.S....Ch. 15 - A portion of a data set containing information for...Ch. 15 - Fortune magazine publishes an annual list of the...Ch. 15 - Consumer Research, Inc., is an independent agency...Ch. 15 - Matt Kenseth won the 2012 Daytona 500, the most...Ch. 15 - Finding the Best Car Value When trying to decide...
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- Life insurance companies are keenly interested in predicting how long their customers are likely to live, because this will determine their premiums and ultimately their profitability. An Australian life insurance company is interested in the relationship, if any, between the age at death of their male customers and that of the customer’s father. Data are collected on a random sample of 100 of their male customers who have recently died. The customer’s age at death was plotted against that of their father and a linear regression model applied. Relevant output is shown below Examine both the scatterplot and the correlation matrix provided above. Comment on the apparent relationship between the customer’s age at death and their father’s age at death in the plot. Explain how the information in the correlation matrix supports your conclusionarrow_forwardA sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Salesperson Years of Experience Annual Sales ($1000s) 1 1 80 2 3 97 3 4 92 4 4 102 5 6 103 6 8 111 7 10 119 8 10 123 9 11 117 10 13 136 Develop a scatter diagram for these data with years of experience as the independent variable. Develop an estimated regression equation that can be used to predict annual sales given the years of experience. Use the estimated regression equation to predict annual sales for a salesperson with 9 years of experience.arrow_forwardThe Update to the Task Force Report on Blood Pressure Control in Children [12] reported the observed 90th per-centile of SBP in single years of age from age 1 to 17 based on prior studies. The data for boys of average height are given in Table 11.18. Suppose we seek a more efficient way to display the data and choose linear regression to accomplish this task. age sbp 1 99 2 102 3 105 4 107 5 108 6 110 7 111 8 112 9 114 10 115 11 117 12 120 13 122 14 125 15 127 16 130 17 132 Do you think the linear regression provides a good fit to the data? Why or why not? Use residual analysis to justify your answer. Am I supposed to run a residual plot and QQ-plot for this question?arrow_forward
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