Question

In: Statistics and Probability

a) Run a regression analysis on the following bivariate set of data with y as the...

a) Run a regression analysis on the following bivariate set of data with y as the response variable.

x y
10.7 81.6
13.7 81.5
36.7 56.5
4 72.1
50.7 23.2
47.6 -4.8
37.3 31.9
24.3 75.2
21.5 59.3
17.2 54.6
23.6 75.5
22.2 60.8
29.3 51
14 63.4
0.2 102.7
30.7 48.2
10.3 74.8
26.5 48.2
23.1 87

Verify that the correlation is significant at an ?=0.05?=0.05. If the correlation is indeed significant, predict what value (on average) for the explanatory variable will give you a value of 39 on the response variable.

What is the predicted explanatory value?
x = _____

b) Run a regression analysis on the following bivariate set of data with y as the response variable.

x y
83.5 16
61.9 69.3
89.1 36
75.7 51.3
76.6 43.4
94.5 38.8
47.2 102.4
66 75
83.2 -3.5
83.2 39
71.7 96.7
81.6 60.7
63.4 55.4
94.7 -61.1
56.8 138.1
90.2 -4.4
77.9 65.7
58 109.1

Verify that the correlation is significant at an ?=0.05?=0.05. If the correlation is indeed significant, predict what value (on average) for the explanatory variable will give you a value of -35.1 on the response variable.

What is the predicted explanatory value?
x =_____

c) Run a regression analysis on the following bivariate set of data with y as the response variable.

x y
50.7 11.1
23.8 30.7
48.5 -3.6
19.5 34.7
12.1 48.3
31.8 21.7
47.6 16.3
25.7 39
20.6 43.4
46.8 8.5
51.1 16.5
33.8 17.9

Verify that the correlation is significant at an ?=0.05?=0.05. If the correlation is indeed significant, predict what value (on average) for the explanatory variable will give you a value of 23.4 on the response variable.

What is the predicted explanatory value?
x =_____

Solutions

Expert Solution

(a)

Following is the output of regression analysis:

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.843323289
R Square 0.711194169
Adjusted R Square 0.694205591
Standard Error 13.71605863
Observations 19
ANOVA
df SS MS F Significance F
Regression 1 7875.711824 7875.711824 41.86307746 5.76252E-06
Residual 17 3198.214492 188.1302642
Total 18 11073.92632
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 96.35851315 6.421290985 15.00609665 3.07625E-11 82.81077352 109.9062528
x -1.551198715 0.239746271 -6.470168272 5.76252E-06 -2.057019127 -1.045378302

The correlation coeffcient is: 0.8433

The p-value of slope is : 0.0000

Since p-value of slope is linear regression is same as t-test for correlation coeffcient so p-value of correlation coeffcient is 0.000.

Since p-value is less than 0.05 so correlation coefficient is significant.

The linear equation is:

y' = 96.359-1.551x

For y'=39 we have

39 = 96.359-1.551x

x = 36.982


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