Question

In: Statistics and Probability

The following table compares the completion percentage and interception percentage of 5 NFL quarterbacks. Completion Percentage...

The following table compares the completion percentage and interception percentage of 5 NFL quarterbacks.

Completion Percentage 59 59 59 60 61
Interception Percentage 4.5 3.9 3.4 2.1 2

Step 1 of 5: Calculate the sum of squared errors (SSE). Use the values b0=67.2500 and b1=−1.0750 for the calculations. Round your answer to three decimal places.

Step 2 of 5: Calculate the estimated variance of errors, s2e. Round your answer to three decimal places

Step 3 of 5: Calculate the estimated variance of slope, s2b1. Round your answer to three decimal places.

Step 4 of 5: Construct the 98% confidence interval for the slope. Round your answers to three decimal places.(Lower Endpoint, Upper Endpoint)

Step 5 of 5: Construct the 90% confidence interval for the slope. Round your answers to three decimal places.(Lower Endpoint, Upper Endpoint)

Solutions

Expert Solution

Step 1: From the given data

X Y X^2 Y^2 XY
59 4.5 3481 20.25 265.5
59 3.9 3481 15.21 230.1
59 3.4 3481 11.56 200.6
60 2.1 3600 4.41 126
61 2 3721 4 122
Total: 298 15.9 17764 55.43 944.2

and we predict the value y (i.e.y-hat) from the regression equation

X Y Ycap/fit (Y-Ycap)^2 (Y-Ybar)^2 (Ycap-Ybar)^2
59 4.5 3.8250 0.4556 1.7424 0.4160
59 3.9 3.8250 0.0056 0.5184 0.4160
59 3.4 3.8250 0.1806 0.0484 0.4160
60 2.1 2.7500 0.4225 1.1664 0.1849
61 2 1.6750 0.1056 1.3924 2.2650
298 15.9 1.1700 4.8680 3.6980

From the above table, SSE = 1.170

Step 2: Se2 = MSE = SSE / n-2 = 1.170 / (5-2) = 0.39


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