In: Statistics and Probability
7-Day Strength (psi) x: 3380 2620 2890 3390 2480
28-Day Strength (psi) y: 5020 4190 4620 5220 4120
As concrete cures, it gains strength. The following data represent the 7-day and 28-day strength in pounds per square inch (psi) of a certain type of concrete. Complete parts (a) through (f) below.
(a) Treating the 7-day strength as the explanatory variable, x, use technology to determine the estimates of beta 0β0 and beta 1β1.
beta 0β0almost equals≈b 0b0equals=? (Round to one decimal as needed)
beta 1β1almost equals≈b 1b1equals=nothing (Round to four decimal places as needed.)
(b) Compute the standard error of the estimate, s Subscript e.
s Subscript e equals=? (Round to one decimal place as needed.)
(c) A normal probability plot suggests that the residuals are normally distributed. Determine s Subscript b 1sb1. Use the answer from part (b).
s Subscript b 1sb1equals=? (Round to four decimal places as needed.)
Determine P-value of this hypothesis test.
P-value=? (Round to three decimal places as needed)
e) Construct a 95% confidence interval about the slope of the true least-squares regression line.
Lower bound: ? (Round to three decimal places as needed.)
Upper bound: ? (Round to three decimal places as needed.)
(f) What is the estimated mean 28-day strength of this concrete if the 7-day strength is 3000 psi?
A good estimate of the mean 28-day strength is ? psi. (Round to two decimal places as needed.)
a)
ΣX | ΣY | Σ(x-x̅)² | Σ(y-ȳ)² | Σ(x-x̅)(y-ȳ) | |
total sum | 14760.00 | 18170.00 | 711880.00 | 15093920.00 | -1377240.00 |
mean | 2952.00 | 3634.00 | SSxx | SSyy | SSxy |
sample size , n = 5
here, x̅ = Σx / n= 2952.000 ,
ȳ = Σy/n =
3634.000
SSxx = Σ(x-x̅)² = 711880.0000
SSxy= Σ(x-x̅)(y-ȳ) =
-1377240.0
estimated slope , ß1 = SSxy/SSxx =
-1377240.0 / 711880.000
= -1.9347
intercept, ß0 = y̅-ß1* x̄ =
9345.09243
so, regression line is Ŷ =
9345.092 + -1.935 *x
.................
b)
SSE= (SSxx * SSyy - SS²xy)/SSxx =
12429440.007
std error ,Se = √(SSE/(n-2)) =
2035.4721
..................
c)
slope hypothesis test
tail= 2
Ho: ß1= 0
H1: ß1╪ 0
n= 5
alpha = 0.05
estimated std error of slope =Se(ß1) = Se/√Sxx =
2035.472 /√
711880.00 = 2.4125
t stat = estimated slope/std error =ß1 /Se(ß1) =
-1.9347 / 2.4125 =
-0.8019
Degree of freedom ,df = n-2= 3
p-value = 0.481
..............
e)
confidence interval for slope
α= 0.05
t critical value= t α/2 =
3.182 [excel function: =t.inv.2t(α/2,df) ]
estimated std error of slope = Se/√Sxx =
2035.47210 /√ 711880.00
= 2.412
margin of error ,E= t*std error = 3.182
* 2.412 = 7.678
estimated slope , ß^ = -1.9347
lower confidence limit = estimated slope - margin of error
= -1.9347 - 7.678
= -9.612
upper confidence limit=estimated slope + margin of error
= -1.9347 + 7.678
= 5.743
.......
f)
Predicted Y at X= 3000
is
Ŷ = 9345.0924 +
-1.9347 *3000= 3541.14
..................
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