Question

In: Advanced Math

Using your calculator, run a regression analysis on the following bivariate set of data with y...

Using your calculator, run a regression analysis on the following bivariate set of data with y as the response variable.

x y

71.2 23.1

90.8 122.9

88.8 82.9

57.7 18.3

71.4 8.6

60.4 25.9

60.2 -43.1

88.5 77.4

68.2 -5.9

41.1 -83

61.4 -2.5

87.1 39.4

Find the correlation coefficient and report it accurate to three decimal places. r =

What proportion of the variation in y can be explained by the variation in the values of x? Report answer as a percentage accurate to one decimal place. (If the answer is 0.84471, then it would be 84.5%...you would enter 84.5 without the percent symbol.) r² = %

Based on the data, calculate the regression line (each value to three decimal places) y = x +

Predict what value (on average) for the response variable will be obtained from a value of 82.2 as the explanatory variable. Use a significance level of α = 0.05 to assess the strength of the linear correlation.

What is the predicted response value? (Report answer accurate to one decimal place.) y =

Solutions

Expert Solution

Proportion of the variation in y can be explained by the variation in the values of x = r2 = 0.8892 = 79.0%

Now,

The regression line is : - 202.205 + 3.177 X

Predicted response value = - 202.205 + 3.177*82.2 = 58.9

Significance of correlation coefficient :

The following needs to be tested:

Hence, Linear correlation is significant at 5% level of significance.


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