Question

In: Statistics and Probability

Consider the following data for two variables, x and y. x 9 32 18 15 26...

Consider the following data for two variables, x and y.

x 9 32 18 15 26
y 9 19 21 17 22

(a) Develop an estimated regression equation for the data of the form  ŷ = b0 + b1x. (Round b0 to two decimal places and b1 to three decimal places.)

ŷ =  

Comment on the adequacy of this equation for predicting y. (Use α = 0.05.)

The high p-value and low coefficient of determination indicate that the equation is inadequate

(b) Develop an estimated regression equation for the data of the form ŷ = b0 + b1x + b2x2.  (Round b0 to two decimal places and b1 to three decimal places and b2 to four decimal places.)

ŷ =

The low p-value and high coefficient of determination indicate that the equation is adequate.

(c) Use the model from part (b) to predict the value of y when x = 20.  (Round your answer to two decimal places.)

Solutions

Expert Solution

a)

Excel > Data > Data Analysis > Regression

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.712443512
R Square 0.507575758
Adjusted R Square 0.343434343
Standard Error 4.194753818
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 54.41212121 54.41212121 3.092307692 0.176903591
Residual 3 52.78787879 17.5959596
Total 4 107.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 9.478787879 4.984739491 1.901561335 0.153395335 -6.384877897 25.34245365 -6.384877897 25.34245365
X 0.406060606 0.230913598 1.758495861 0.176903591 -0.32880952 1.140930732 -0.32880952 1.140930732

Y = 9.48 + 0.406 * X

P value = 0.1769 > 0.05, R^2 = 0.5076, It is inadequate

b)

Y X X^2
9 9 81
19 32 1024
21 18 324
17 15 225
22 26 676
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.995531446
R Square 0.991082859
Adjusted R Square 0.982165718
Standard Error 0.691345607
Observations 5
ANOVA
df SS MS F Significance F
Regression 2 106.2440825 53.12204125 111.1435692 0.008917141
Residual 2 0.955917497 0.477958748
Total 4 107.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept -11.98263171 2.218603991 -5.400978166 0.032613364 -21.52851423 -2.436749196 -21.52851423 -2.436749196
X 2.856337856 0.238352303 11.98368054 0.006891472 1.830790668 3.881885043 1.830790668 3.881885043
X^2 -0.059107565 0.005675962 -10.41366526 0.009095693 -0.083529257 -0.034685873 -0.083529257 -0.034685873

Y = -11.98 + 2.856 * X - 0.0591 * X^2

P value = 0.0089 < 0.05, R^2 = 0.9911, it is adequate

c)

If X = 20

Y = -11.98 + 2.856 * 20 - 0.0591 * 20^2 = 21.50


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