Question

In: Statistics and Probability

The following table gives the gold medal times for every other Summer Olympics for the women's...

The following table gives the gold medal times for every other Summer Olympics for the women's 100 meter freestyle (swimming).

Year Time (seconds)
1912 82.2
1924 72.4
1932 66.8
1952 66.8
1960 61.2
1968 60.0
1976 55.65
1984 55.92
1992 54.64
2000 53.8
2008 53.1

A- Calculate the least squares line. Put the equation in the form of: ŷ = a + bx. (Round your answers to three decimal places.)
ŷ = ____ + _____x

B- Find the correlation coefficient r. (Round your answer to four decimal places.)
r =

C- Find the estimated gold medal time for 1924. (Use your equation from part (a). Round your answer to two decimal places.)

Find the estimated gold medal time for 1984. (Use your equation from part (a). Round your answer to two decimal places.)

D- Why are the answers from part (c) different from the chart values?

Does it appear that a line is the best way to fit the data? Why or why not?

E- Use the least squares line to estimate the gold medal time for the 2016 Summer Olympics. (Use your equation from part (a). Round your answer to two decimal places.)

Solutions

Expert Solution

A.

Sum of X = 21608
Sum of Y = 682.51
Mean X = 1964.3636
Mean Y = 62.0464
Sum of squares (SSX) = 10062.5455
Sum of products (SP) = -2773.2655

Regression Equation = ŷ = bX + a

b = SP/SSX = -2773.27/10062.55 = -0.276

a = MY - bMX = 62.05 - (-0.28*1964.36) = 603.430

ŷ = -0.276X + 603.430

B.

X Values
∑ = 21608
Mean = 1964.364
∑(X - Mx)2 = SSx = 10062.545

Y Values
∑ = 682.51
Mean = 62.046
∑(Y - My)2 = SSy = 844.805

X and Y Combined
N = 11
∑(X - Mx)(Y - My) = -2773.265

R Calculation
r = ∑((X - My)(Y - Mx)) / √((SSx)(SSy))

r = -2773.265 / √((10062.545)(844.805)) = -0.9512

c. For x=1924,

ŷ = (-0.276*1924) + 603.430=72.41

For x=1984

ŷ = (-0.276*1984) + 603.430=55.85

D. As this are estimated values so they are different

As most of the points lie near the line, so it appears to be best fit

E. For x=2016, ŷ = (-0.276*2016) + 603.430=47.01


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