Question

In: Statistics and Probability

a. Develop an estimated regression equation for the data of the form y-hat = bo + b1 x.

Consider the following data for two variables, X and Y

X 6 29 21 15 24
Y 10 30 22 14 25

a. Develop an estimated regression equation for the data of the form y-hat = bo + b1 x. Comment on the adequacy of this equation for predicting y . Enter negative value as negative number.

The regression equation is
Y = [          ] + [            ] X (to 2 decimals)
 
S = [       ] (to 3 decimals)        

R^2 = [    ] % ( to 1 decimal )

R-sq adj [              ] % 9 to 1 decimal )

 
Analysis of Variance
SOURCE DF SS
(to 2 decimals)
MS
(to 2 decimals)
F
(to 2 decimals)
P-value
(to 4 decimals)
Regression          
Residual Error          
Total          

Using a .05 significance level, the P-value indicates a [ Weak, Strong or No Relationship ] ; note that [    ] % (to 1 decimal) of the variability in y has been explained by x .

 

Solutions

Expert Solution

Using Minitab:

Click Stat > Regression > Regression... on the top menu, as shown below:

You will be presented with the following Regression dialogue box:

After transferring the variables, Click the OK button. The output that Minitab produces is shown below.

The regression equation is

Y = 3.08 + 0.901 X

R2 = [ 96.3 ] % (to 1 decimal )

R-sq adj = [ 95.1 ] % ( to 1 decimal)

Analysis of Variance
SOURCE DF SS
(to 3 decimals)
MS
(to 3 decimals)
F
(to 2 decimals)
P-value
(to 4 decimals)
Regression 1 255.061 255.061 78.56 0.003
Residual Error 3 9.739 3.246    
Total 4 264.800    

Using a .05 significance level, the P-value indicates a Strong Relationship ] ; note that [ 96.3 ] % (to 1 decimal) of the variability in y has been explained by x .

 

 


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