Question

In: Statistics and Probability

Getting in to a prestigious law school can have lasting effect’s on lawyer’s careers, thus the...

Getting in to a prestigious law school can have lasting effect’s on lawyer’s careers, thus the admission process is important. One measure that admissions officers look at is prospective law student’s LSAT scores. Because of that, companies that specialize in preparing students for the LSAT have sprouted up. Altair Test Preparation, in an effort to differentiate themselves from the rest and to assure their clients that they are being provided with what really is having an effect, have decided to conduct some research to identify what has the greatest impact on student’s LSAT scores. All companies advertise that the number of hours they give them study sessions is what makes a difference. Based on the results, Altair will either recommend the hours needed to obtain a “good” score vs an “excellent” score. (Good is 155, excellent is 169), or will decide to investigate other learning interventions, and academic counseling which might have a greater impact.

Altair collected a sample of 50 students, who in the previous year, were their clients and subsequently took the LSAT. The looked at the relationship between the number of hours they used the service, and their LSAT score. You, as the statistician, will run the analysis and make your recommendations to Altair Test Preparation.

Your report should have the following qualities:

  • What LSAT score would you predict for a student that used the service for 10 hours? What

    recommendation would you give the student concerning the number of hours they have used

    the service?

  • Your final conclusion should use both the 95% confidence and prediction intervals. Improper use

    of these and corresponding wrong/sloppy interpretations is highly penalized.

  • Use Data Analysis for Regression and the Regression Template provided on the course website

    for the intervals.

  • data below:

    • Hours LSAT
      13 161
      13 158
      11 147
      14 164
      3 124
      10 130
      4 114
      7 131
      12 156
      7 135
      8 150
      11 150
      9 121
      10 160
      18 170
      17 155
      13 160
      14 154
      5 132
      11 156
      10 153
      8 150
      15 172
      7 141
      9 140
      11 155
      10 149
      8 149
      5 140
      6 142
      14 167
      12 166
      10 161
      14 162
      12 154
      12 156
      8 167
      12 160
      10 156
      11 170
      15 177
      5 130
      8 151
      11 160
      15 171
      11 154
      6 143
      6 165
      13 165
      9 145

Solutions

Expert Solution

Solution:

Here, we have to use regression analysis for the prediction of the dependent variable LSAT score and the independent variable number of hours the service used. The regression model by using excel is given as below:

Regression Statistics

Multiple R

0.737671352

R Square

0.544159023

Adjusted R Square

0.534662336

Standard Error

9.643695665

Observations

50

ANOVA

df

SS

MS

F

Significance F

Regression

1

5328.938428

5328.938428

57.2998796

0.00

Residual

48

4464.041572

93.00086607

Total

49

9792.98

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

120.5983989

4.364272582

27.63310418

3.95804E-31

111.8234409

129.3733569

Hours

3.058635582

0.404064673

7.569668394

9.90171E-10

2.246209121

3.871062042

From above regression output, it is observed that the correlation coefficient between the two variables is given as 0.7377, which means there is a considerable high positive linear relationship exists between the given two variables. The value of the R square or the coefficient of determination is given as 0.5442, which means about 54.42% of the variation in the dependent variable LSAT score is explained by the independent variable number of hours the service used.

The P-value for this regression model is given as 0.00 approximately. So, we reject the null hypothesis. There is sufficient evidence to conclude that the given regression model is statistically significant. The intercept and coefficient of independent variable are statistically significant as their corresponding P-values are approximately equal to 0.00.

The required regression equation is given as below:

LSAT = 120.5984 + 3.0586*Hours

Y = 120.5984 + 3.0586*X

Now, we have to predict the value for LSAT for hours = 10

LSAT = 120.5984 + 3.0586*10

Predicted LSAT = 151.1844

For the above regression model, the slope is positive, that is, correlation is positive, this means it is recommended to use more hours of service to increase LSAT score. As number of service hours increases, the LSAT score increases.


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