Question

In: Statistics and Probability

REGRESSION - USING CALCULATOR 1- You are given data for Xi (independent variable) and Yi (dependent...

REGRESSION - USING CALCULATOR

1- You are given data for Xi (independent variable) and Yi (dependent variable).

2- Calculate the correlation coefficient, r:

3- Calculate the coefficient of determination:

4- Calculate the regression coefficient b1 (the slope):

5- Calculate the regression coefficient b0 (the Y-intercept, or constant):

6- The regression equation (a straight line) is:

Problem 2:

A researcher is interested in determining whether there is a relationship between shelf space and number of books sold for her bookstore.

Shelf Space in feet(X)

Books Sold(Y)

7.0

280

3.5

140

4.0

170

4.2

200

4.8

215

3.9

190

4.9

240

7.5

295

3.0

125

5.9

265

5.0

200

Solutions

Expert Solution

Shelf X Books Y   X * Y
7 280 1960 49 78400
3.5 140 490 12.25 19600
4 170 680 16 28900
4.2 200 840 17.64 40000
4.8 215 1032 23.04 46225
3.9 190 741 15.21 36100
4.9 240 1176 24.01 57600
7.5 295 2212.5 56.25 87025
3 125 375 9 15625
5.9 265 1563.5 34.81 70225
5 200 1000 25 40000
Total 53.7 2320 12070 282.21 519700



r = 0.953

Coefficient of Determination

Explained variation = 0.909* 100 = 90.9%
Unexplained variation = 1 - 0.909* 100 = 9.1%

Equation of regression line is

b = ( 11 * 12070 - 53.7 * 2320 ) / ( 11 * 282.21 - ( 53.7 )^{2})

Slope b = 37.105


a =( 2320 - ( 37.1045 * 53.7 ) ) / 11
Intercept a = 29.772

Equation of regression line becomes

To Test :-

H0 :-

H1 :-

  Test Statistic :-


t = 9.4587


Test Criteria :-
Reject null hypothesis if


Result :- Reject null hypothesis


Decision based on P value
P - value = P ( t > 9.4587 ) = 0
Reject null hypothesis if P value < level of significance
P - value = 0 < 0.05 ,hence we reject null hypothesis
Conclusion :- We reject H0

There is statistically linear relationship between variables.


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