In: Statistics and Probability
The following data represent the commute time (in minutes) x and a score on a well-being survey y. The equation of the least-squares regression line is Modifying Above y with caret equals negative 0.0512 x plus 70.2089 and the standard error of the estimate is 0.2843. Complete parts (a) through (e) below.
x 25 35 45 55 70 92 125 y 69.0 68.7 67.6 67.2 66.5 65.9 63.7
(a) Predict the mean well-being index composite score of all individuals whose commute time is 30 minutes. ModifyingAbove y with caret equals 68.67 (Round to two decimal places as needed.)
(b) Construct a 90% confidence interval for the mean well-being index composite score of all individuals whose commute time is 30 minutes. Lower Bound equals nothing (Round to two decimal places as needed.) Upper Bound equals nothing (Round to two decimal places as needed.)
c) Predict the well being composite score of Jane whose commute time is 30 mins
d) Construct a 90% prediction interval for the well-being index composite score of Jane whose commute time is 30 minutes. Lower Bound equals nothing (Round to two decimal places as needed.) Upper Bound equals nothing (Round to two decimal places as needed.)
Need help with b-d. Thank you!
X | Y | XY | X² | Y² |
25 | 69 | 1725 | 625 | 4761 |
35 | 68.7 | 2404.5 | 1225 | 4719.69 |
45 | 67.6 | 3042 | 2025 | 4569.76 |
55 | 67.2 | 3696 | 3025 | 4515.84 |
70 | 66.5 | 4655 | 4900 | 4422.25 |
92 | 65.9 | 6062.8 | 8464 | 4342.81 |
125 | 63.7 | 7962.5 | 15625 | 4057.69 |
Ʃx = | Ʃy = | Ʃxy = | Ʃx² = | Ʃy² = |
447 | 468.6 | 29547.8 | 35889 | 31389 |
Sample size, n = | 7 |
x̅ = Ʃx/n = 447/7 = | 63.8571429 |
y̅ = Ʃy/n = 468.6/7 = | 66.9428571 |
SSxx = Ʃx² - (Ʃx)²/n = 35889 - (447)²/7 = | 7344.85714 |
SSyy = Ʃy² - (Ʃy)²/n = 31389.04 - (468.6)²/7 = | 19.6171429 |
SSxy = Ʃxy - (Ʃx)(Ʃy)/n = 29547.8 - (447)(468.6)/7 = | -375.657143 |
Slope, b = SSxy/SSxx = -375.65714/7344.85714 = -0.051145602
y-intercept, a = y̅ -b* x̅ = 66.94286 - (-0.05115)*63.85714 = 70.20886918
Regression equation :
ŷ = 70.2089 + (-0.0511) x
a) Predicted value of y at x = 30
ŷ = 70.2089 + (-0.0511) * 30 = 68.67
b) Significance level, α = 0.1
Critical value, t_c = T.INV.2T(0.1, 5) = 2.015
Sum of Square error, SSE = SSyy -SSxy²/SSxx
= 19.61714 - (-375.65714)²/7344.85714 = 0.403932003
Standard error, se = √(SSE/(n-2)) = √(0.40393/(7-2)) = 0.28423
90% Confidence interval :
c)
Predicted value of y at x = 30
ŷ = 70.2089 + (-0.0511) * 30 = 68.67
d) 90% prediction interval :