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 + value of b coefficient x
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 16 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
n= | 6.0000 | |
X̅=ΣX/n | 15.8333 | |
Y̅=ΣY/n | 101.5000 | |
sx=(√(Σx2-(Σx)2/n)/(n-1))= | 13.1972 | |
sy=(√(Σy2-(Σy)2/n)/(n-1))= | 62.8419 | |
Cov=sxy=(ΣXY-(ΣXΣY)/n)/(n-1)= | 826.9000 | |
r=Cov/(Sx*Sy)= | 0.997 | |
slope= β̂1 =r*Sy/Sx= | 4.7478 | |
intercept= β̂0 ='y̅-β1x̅= | 26.3273 |
b)
ΣX = | 95.000 |
ΣY= | 609.000 |
ΣX2 = | 2375.000 |
ΣY2 = | 81559.000 |
ΣXY = | 13777.000 |
r = | 0.997 |
c)
X̅=ΣX/n = | 15.83 |
Y̅=ΣY/n = | 101.50 |
ŷ = | 26.327+4.748x |
e)
coeff of determination r2 = | 0.994 | |
explained = | 99.4% | |
unexplained= | 0.6% |
f)
predicted val=26.33+16*4.75= | 102.29 |