Question

In: Math

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

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

x y
6.7 -14.1
29.8 23.2
61.4 85.8
23.6 11.5
1.4 -54.8
29.5 22
54.2 30.9
35.1 7.9
23.3 13.2
29.5 6.7
27.3 29.2
18.6 -15.7

Find the correlation coefficient and report it accurate to three decimal places.
r =

What proportion of the variation in y can be explained by the variation in the values of x? Report answer as a percentage accurate to one decimal place. (If the answer is 0.84471, then it would be 84.5%...you would enter 84.5 without the percent symbol.)
r² = %

Based on the data, calculate the regression line (each value to three decimal places)

y =  x +

Predict what value (on average) for the response variable will be obtained from a value of 40.7 as the explanatory variable. Use a significance level of α=0.05α=0.05 to assess the strength of the linear correlation.

What is the predicted response value? (Report answer accurate to one decimal place.)
y =

Solutions

Expert Solution

x y
6.7 -14.1 44.89 −94.47 -21.67 −26.25 568.838 469.589 689.063
29.8 23.2 888.04 691.36 1.43 11.05 15.802 2.045 122.103
61.4 85.8 3769.96 5268.12 33.03 73.65 2432.660 1090.981 5424.323
23.6 11.5 556.96 271.4 -4.77 −0.65 3.101 22.753 0.423
1.4 -54.8 1.96 −76.72 -26.97 −66.95 1805.642 727.381 4482.303
29.5 22 870.25 649 1.13 9.85 11.131 1.277 97.023
54.2 30.9 2937.64 1674.78 25.83 18.75 484.313 667.18 351.563
35.1 7.9 1232.01 277.29 6.73 −4.25 −28.603 45.293 18.063
23.3 13.2 542.89 307.56 −5.07 1.05 −5.324 25.705 1.103
29.5 6.7 870.25 197.65 1.13 −5.45 −6.159 1.277 29.703
27.3 29.2 745.29 797.16 −1.07 17.05 −18.244 1.145 290.703
18.6 -15.7 345.96 −292.02 -9.77 −27.85 272.094 95.453 775.623

The formula to calculate regression line is :

where,

is the slope of the regression line and is the y intercept.

so, the equation for regression line is,

=>

So to find the estimated value of at x=40.7, we just need to put the value of x in the regression line.

The formula for correlation coefficient(r) :

And using the value from the above table we can calculate r.

So, r= 0.8899 we then have or its 79.19 %.

i.e.,79.19% of the total variation in y is explained due to its linear relationship with x, and approximately 20.81% remains unexplained.

Now to check the strength of correlation cofficient, we use the t-value, Since nowhere in question mentioned tha whether its a one tailed or two tailed testing, so we just mention both the values, at significance level,.

r=0.889, , df= N-2=12-2=10

so, this is our t-calculated, and now from t-table we can find the t-critical value.

, two-tailed critical value at

, one-tailed critical value at

Since, , both the one-tailed and two-tailed and our is also positivem which indiacate that the relationship is positive.


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