Question

In: Statistics and Probability

The manufacturer of a type of exercise equipment wants to study the relationship between the number...

The manufacturer of a type of exercise equipment wants to study the relationship between the number of months (Months) since the type of equipment was purchased and the length of time (Hours) the equipment was used last week. The data is below. Person Fred Bob Joe Tina Lisa Jen Karl Hank Leah Anna Months 12 2 6 9 7 2 8 4 10 5 Hours 4 10 8 5 5 8 3 8 2 5

Following the style of the worksheet illustrated in Table 12.2 in your textbook, use the data provided above and create an analogous worksheet. Computer Deliverable d. Using the answers developed in the worksheet, what is the estimated regression equation? Use the labels Months and Hours appropriately in your equation. e. Predict the number of hours of usage for someone who bought the equipment 8 months ago? (4 pts) f. If there is a person who bought the equipment 8 months ago, what is the residual for that particular person?

Solutions

Expert Solution

x y x-xbar y-ybar (x-xbar)(y-ybar) (x-xbar)^2
12 4 5.5 -1.8 -9.9 30.25
2 10 -4.5 4.2 -18.9 20.25
6 8 -0.5 2.2 -1.1 0.25
9 5 2.5 -0.8 -2 6.25
7 5 0.5 -0.8 -0.4 0.25
2 8 -4.5 2.2 -9.9 20.25
8 3 1.5 -2.8 -4.2 2.25
4 8 -2.5 2.2 -5.5 6.25
10 2 3.5 -3.8 -13.3 12.25
5 5 -1.5 -0.8 1.2 2.25
65 58 0 0 -64 100.5
6.5 5.8
mean xbar ybar SS_xy SS_xx

xbar and ybar are average .

e)

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.826939645
R Square 0.683829176
Adjusted R Square 0.644307823
Standard Error 1.534754911
Observations 10
ANOVA
df SS MS F Significance F
Regression 1 40.75622 40.75622 17.30278 0.003167
Residual 8 18.84378 2.355473
Total 9 59.6
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 9.939303483 1.107151 8.97737 1.89E-05 7.386209
months -0.63681592 0.153093 -4.15966 0.003167 -0.98985

y^ = 9.9393 - 0.6368* months

f)

y^ = 9.9393 - 0.6368 * 8

= 4.8449

residual = yi - y^

= 4 - 4.8449

= -0.8449


Related Solutions

A company wants to study the relationship between an employee's length of employment and their number...
A company wants to study the relationship between an employee's length of employment and their number of workdays absent. The company collected the following information on a random sample of seven employees. Number of workdays absent 4,2,3 , 5, ,7 ,7 8 length of employment(in yrs) 10, 5, 9 , 2 , 2 ,2 0 1. in this problem whuch is the dependent variable, what is the correlation? and interpret its meaning. what is the coefficient of determination? interpret its...
A company wants to study the relationship between an employee's length of employment and their number...
A company wants to study the relationship between an employee's length of employment and their number of workdays absent. The company collected the following information on a random sample of seven employees. Number of Workdays Absent 2 3 3 5 7 7 8 Length of Employment (in yrs) 5 6 9 4 2 2 0 What is the independent variable (X)? What is the dependent variable (Y)? What is the slope of the linear equation? What is the Y intercept...
A company wants to study the relationship between an employee's length of employment  (x) and their number...
A company wants to study the relationship between an employee's length of employment  (x) and their number of workdays absent (y). The company collected the following information on a random sample of seven employees. # of days absent(x) 2 3 3 5 7 7 8 # of years of employment (y) 5 6 9 4 2 2 0 a. Calculate the correlation coefficient r between y and x and determine if the relationship is positive or negative. b. Find the equation...
An environmentalist wants to determine the relationship between the number of fires, in thousands, and the...
An environmentalist wants to determine the relationship between the number of fires, in thousands, and the number of acres burned, in hundreds of thousands. Based on this data, decide if the correlation is significant at alpha = 0.05. Number of fires x 73 74 58 48 80 65 54 49 Number of acres burned y 64 46 22 23 51 12 29 10 5. When x = 61 what is y and what does it mean I this context. 6....
An environmentalist wants to determine the relationship between the number of fires in thousands, and the...
An environmentalist wants to determine the relationship between the number of fires in thousands, and the number of acres burned in hundreds of thousands. Based on the data, decide in the correlation is significant at alpha = 0.05. Number of fires (x) - 73 | 74 | 58 | 48 | 80 | 65 | 54 | 49 Number of acres burned (y) - 64 | 46 | 22 | 23 | 51 | 12 | 29 | 10 Determine...
An environmentalist wants to determine the relationship between the number of fires in thousands, and the...
An environmentalist wants to determine the relationship between the number of fires in thousands, and the number of acres burned in hundreds of thousands. Based on the data, decide in the correlation is significant at alpha = 0.05. Number of fires (x) - 73 | 74 | 58 | 48 | 80 | 65 | 54 | 49 Number of acres burned (y) - 64 | 46 | 22 | 23 | 51 | 12 | 29 | 10 Find...
A study is conducted to determine the relationship between a driver's age and the number of...
A study is conducted to determine the relationship between a driver's age and the number of accidents he or she has over a 1-year period. The data are shown here. If there is a significant relationship, predict the number of accidents of a driver who is 28. Driver's No. of Age x accidents y 16 3 24 2 18 5 17 2 23 0 27 1 32 1 Predict y' for a specific value of x, if the relationship is...
A study is conducted to determine the relationship between a driver's age and the number of...
A study is conducted to determine the relationship between a driver's age and the number of accidents he or she has over a 1-year period. The data are shown here. If there is a significant relationship, predict the number of accidents of a driver who is 28. Driver's No. of Age x accidents y 16 3 24 2 18 5 17 2 23 0 27 1 32 1 For steps 4 and 5 of the hypothesis testing, what is your...
A study is conducted to determine the relationship between a driver's age and the number of...
A study is conducted to determine the relationship between a driver's age and the number of accidents that he or she has had over a 1-year period. The data from this study is in the table: Age 16 24 18 17 23 27 32 Accidents 3 2 5 2 0 1 1 The correlation coefficient for this problem is There is/ is not evidence of significant correlation at the 5% significance level The best estimate for the number of accidents...
A study is conducted to determine the relationship between a driver's age and the number of...
A study is conducted to determine the relationship between a driver's age and the number of accidents he or she has over a 1-year period. The data are shown here. If there is a significant relationship, predict the number of accidents of a driver who is 28. Driver's No. of Age x accidents y 16 3 24 2 18 5 17 2 23 0 27 1 32 1 1. What is your alternative hypothesis (H1)? 2. Compute the value of...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT