Question

In: Statistics and Probability

Consider all observations as one sample of X (1st column) and Y (Second column) values. Answer...

Consider all observations as one sample of X (1st column) and Y (Second column) values. Answer the following questions:

78

4.4

74

3.9

68

4

76

4

80

3.5

84

4.1

50

2.3

93

4.7

55

1.7

76

4.9

58

1.7

74

4.6

75

3.4

80

4.3

56

1.7

80

3.9

69

3.7

57

3.1

90

4

42

1.8

91

4.1

51

1.8

a) Calculate the correlation coefficient r

b) Fit the regression model (prediting Y from X) and report the estimated intercept and slope

c) Test whether the slope equals 0. Report your hypothesis, test statistic, p-value

Solutions

Expert Solution

Using Minitab software,(Stat -> Regression -> Regression -> Fit Regression model), we get the following output :

a) The correlation coefficient r = 0.845

b) The estimated regression equation is :

Estimated intercept = -1.099

Estimated slope = 0.06409

c) To test against

The value of the test statistic t = 7.06

P-value = 0


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