In: Statistics and Probability
A.) Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed actress/actor ages in variousyears, find the best predicted age of the Best Actor winner given that the age of the Best Actress winner that year is 34 years. Is the result within 5 years of the actual Best Actor winner, whose age was 52 years?
Best Actress |
29 |
29 |
29 |
58 |
34 |
33 |
46 |
28 |
64 |
23 |
45 |
54 |
|
Best Actor |
44 |
37 |
37 |
43 |
52 |
48 |
58 |
48 |
39 |
57 |
46 |
34 |
find the equation of the regression line.
Graph the regression line on the scatterplot. In this case, the regression line does not fit very well because the data do not appear to be linear.
Use the regression equation for predictions only if the linear correlation coefficient r indicates that there is a linear correlation between the two variables. Use technology to calculate the linear correlation coefficient, rounding to three decimal places. what is r=
p-value:
x and y overbary.:
B.) Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 130 and a y-intercept of −356. Complete parts (a) and (b) below.
a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice.
b. What does the symbol ŷ with caret represent? (choose the correct answer from 1-4)
1.The symbol ŷ with caret represents the average price of hotels in the area.
2.The symbol ŷ with caret represents the expected price when the hotel's rating is 0.
3.The symbol ŷ with caret represents the predicted value of price.
4.The symbol ŷ with caret represents the amount that price increases with a 1-point increase in rating.
c.) Use the given data to find the equation of the regression line. Examine the scatterplot and identify a characteristic of the data that is ignored by the regression line. (draw scatterplot)
x |
7 |
10 |
13 |
4 |
11 |
9 |
12 |
6 |
3 |
5 |
8 |
|
---|---|---|---|---|---|---|---|---|---|---|---|---|
y |
7.60 |
8.56 |
6.34 |
3.44 |
8.18 |
8.60 |
7.44 |
6.56 |
1.34 |
5.18 |
8.28 |
y^ = __ + ___ x (round to 2 decimal places as needed)
b1=
The intercept formula contains the means of x and y. Find each mean by dividing ∑x and ∑y by n, rounding to six decimal places as needed.
-x=
-y=
b0=
A) Solution :
Regression Statistics | ||||||||
Multiple R | 0.31271 | |||||||
R Square | 0.097787 | |||||||
Adjusted R Square | 0.007566 | |||||||
Standard Error | 7.776297 | |||||||
Observations | 12 | |||||||
ANOVA | ||||||||
df | SS | MS | F | Significance F | ||||
Regression | 1 | 65.54198 | 65.54198 | 1.083862 | 0.322351 | |||
Residual | 10 | 604.708 | 60.4708 | |||||
Total | 11 | 670.25 | ||||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |
Intercept | 52.31297 | 7.145978 | 7.320617 | 2.54E-05 | 36.39074 | 68.2352 | 36.39074 | 68.2352 |
X Variable 1 | -0.17957 | 0.17248 | -1.04109 | 0.322351 | -0.56388 | 0.204743 | -0.56388 | 0.204743 |
the equation of the regression line is
P value = 0.3224
xbar = 472/12 = 39.3333
ybar = 543/12 = 45.25
the best predicted age of the Best Actor winner
yhat = 52.313 - 0.18 * 34
yhat = 46.193
y - yhat = 52 - 46.193 = 5.807
result is beyond 5 years.
B) Solution :
a)
slope is 130
intercept is -356
the equation of the regression line is
y = -356 + 130 x
b)
Option 3
C) Solution :
yhat = 2.50 + 0.50 x
b1 = 0.5
xbar = 88/11 = 8
ybar = 71.52/11 = 6.502
b0 = 2.50