Question

In: Statistics and Probability

3-part question based on this data: Planet Distance from Sun (in millions of miles) Years (as...

3-part question based on this data:

Planet

Distance from Sun
(in millions of
miles)

Years (as a
fraction of Earth
years)

ln(Dist)

ln(Year)

Mercury

36.19

0.2410

3.5889

-1.4229

Venus

67.63

0.6156

4.2140

-0.4851

Earth

93.50

1.0007

4.5380

0.0007

Mars

142.46

1.8821

4.9591

0.6324

Jupiter

486.46

11.8704

6.1871

2.4741

Saturn

893.38

29.4580

6.7950

3.3830

Uranus

1,794.37

84.0100

7.4924

4.4309

Neptune

2,815.19

164.7800

7.9428

5.1046

Pluto

3,695.95

248.5400

8.2150

5.5156

a) Draw a scatterplot of Distance vs. Year (using the untransformed data) with the least-squares regression line. Does the line seem to model the relationship well?

b) Do a linear regression for Distance vs. ln(Year), Ln(Distance) vs. Year, Ln(Distance) vs. Ln(Year)

c) Which transformation yields the highest correlation coefficient (Pearson's r)? Sketch a scatterplot of this transformation and show the least-squares line. What is the value of r and r2 for that transformation, and what regression equation does it yield?

Solutions

Expert Solution

a)

There seems to be a linear relationship between Distance and Year.

b)

It is being performed on Excel by using the function LINEST, it can be executed by selecting 2 columns and 5 rows and then type in the first row and first column cell =LINEST(y_values,x_values, TRUE, TRUE) and then press shift+ctrl+enter.

c)

The highest correlation coefficient is in the third case of 0.99, which is Ln(distance) vs Ln(Year)

This is the scatterplot for Ln(distance) vs Ln(Year)


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