Question

In: Statistics and Probability

Consider the following data for two variables, x and y. x 10 34 20 11 24...

Consider the following data for two variables, x and y.

x 10 34 20 11 24
y 11 30 22 19 21

a. Develop an estimated regression equation for the data of the form y=b0+b1x. Comment on the adequacy of this equation for predicting . Enter negative value as negative number.

The regression equation is
Y=___________+___________ (to 2 decimals)
s=__________ (to 3 decimals) r2=_________% (to 1 decimal) r2 adj=_______ % (to 1 decimal)
Analysis of Variance
SOURCE DF SS
(to 2 decimals)
MS
(to 2 decimals)

(to 2 decimals)
-value
(to 4 decimals)
Regression
Residual Error ----------- ------------
Total ----------------- -------------- ------------

Using a .05 significance level, the p-value indicates a (- Select your answer -weak, strong or no relationship); note that ______________ (to 1 decimal) of the variability in y has been explained by x.

b. Develop an estimated regression equation for the data of the form y=b0+b1x+b2x2 . Comment on the adequacy of this equation for predicting y. Enter negative value as negative number. If your answer is zero, enter "0".

The regression equation is
y=_________+__________X+_________x2 (to 2 decimals)
s=_________ (to 3 decimals) r2=_____________% (to 1 decimal) r2 adj=________ % (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
Residual Error ------------- ------------
Total --------------------- ------------ ------------

At the a= .05 level of significance, the relationship (- Select your answer - is, is not) _______________ (to 1 decimal) of the variability in y has been explained by x.

c.Using the appropriate regression model, predict the value of y when x=2.

_______________ (to 2 decimals)

Solutions

Expert Solution

a)

using excel data analysis tool for regression

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.903173
R Square 0.815722
Adjusted R Square 0.754296
Standard Error 3.372848
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 151.0717 151.0717 13.27974 0.035638
Residual 3 34.12831 11.3761
Total 4 185.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 8.320774 3.69179 2.253859 0.109546 -3.42815 20.0697 -3.42815 20.0697
X 0.620163 0.170181 3.644138 0.035638 0.078571 1.161755 0.078571 1.161755

so, regression line is   Ŷ =   8.32 +   0.62 *x

s=3.373

R²=81.6%

R² adj = 75.4%

ANOVA
df SS MS F p-value
Regression 1 151.072 151.072 13.28 0.0356
Residual 3 34.128 11.376
Total 4 185.200

Using a .05 significance level, the p-value indicates a (, strong relationship) ; note that _____81.6%_________ (to 1 decimal) of the variability in y has been explained by x.

-----------------------------------------------------------------------------------------------------------

b)

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.903417
R Square 0.816162
Adjusted R Square 0.632324
Standard Error 4.125944
Observations 5
ANOVA
df SS MS F Significance F
Regression 2 151.1532 75.57659 4.439568 0.183838
Residual 2 34.04682 17.02341
Total 4 185.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 9.070045 11.7337 0.772991 0.520382 -41.416 59.5561 -41.416 59.5561
X 0.535426 1.242336 0.430983 0.708485 -4.80991 5.880767 -4.80991 5.880767
0.001973 0.028518 0.069186 0.951137 -0.12073 0.124677 -0.12073 0.124677

Y = 9.07 + 0.54*X + 0.00*X²

s=4.126

R²=81.6%

R² adj = 63.2%

ANOVA
df SS MS F p-value
Regression 2 151.153 75.577 4.44 0.1838
Residual 2 34.047 17.023
Total 4 185.200

At the a= .05 level of significance, the relationship is not . ______81.6%_________ (to 1 decimal) of the variability in y has been explained by x

----------------------------------------------

c)

first model is appropriate

so, when x=2

Ŷ =   8.3208   +   0.6202   *2 = 9.56


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