In: Statistics and Probability
You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy some calves to add to the Bar-S herd. How much should a healthy calf weigh? Let x be the age of the calf (in weeks), and let y be the weight of the calf (in kilograms). x 1 5 11 16 26 36 y 39 47 73 100 150 200 Complete parts (a) through (e), given Σx = 95, Σy = 609, Σx2 = 2375, Σy2 = 81,559, Σx y = 13,777, and r ≈ 0.997.
Verify the given sums Σx, Σy, Σx2, Σy2, Σx y, and the value of the sample correlation coefficient r. (For each answer, enter a number. Round your value for r to three decimal places.)
Σx =
Σy =
Σx2 =
Σy2 =
Σx y =
r =
(c)
Find , and . Then find the equation of the least-squares line = a + b x. (For each answer, enter a number. Round your answers for and to two decimal places. Round your answers for a and b to three decimal places.)
= x bar =
= y bar =
= value of a coefficient
Find the value of the coefficient of determination r2. What percentage of the variation in y can be explained by the corresponding variation in x and the least-squares line? What percentage is unexplained? (For each answer, enter a number. Round your answer for r2 to three decimal places. Round your answers for the percentages to one decimal place.)
r2 =
explained = %
unexplained = %
(f)
The calves you want to buy are 20 weeks old. What does the
least-squares line predict for a healthy weight (in kg)? (Enter a
number. Round your answer to two decimal places.)
kg
b.
X Values
∑ = 95
Mean = 15.833
∑(X - Mx)2 = SSx = 870.833
Y Values
∑ = 609
Mean = 101.5
∑(Y - My)2 = SSy = 19745.5
X and Y Combined
N = 6
∑(X - Mx)(Y - My) = 4134.5
R Calculation
r = ∑((X - My)(Y - Mx)) / √((SSx)(SSy))
r = 4134.5 / √((870.833)(19745.5)) = 0.997
c.
Sum of X = 95
Sum of Y = 609
Mean X = 15.8333
Mean Y = 101.5
Sum of squares (SSX) = 870.8333
Sum of products (SP) = 4134.5
Regression Equation = ŷ = bX + a
b = SP/SSX = 4134.5/870.83 = 4.748
a = MY - bMX = 101.5 - (4.75*15.83) =
26.327
ŷ = 4.748X + 26.327
e. Here r=0.997
So r^2=0.997^2=0.994
So explained variation is 99.4%
Unexplained variation is 0.6%
f. For x=20, ŷ = 4.748*20+ 26.327=121.29