Question

In: Operations Management

Given are data for two variables, x and y. xi 6 11 15 18 20 yi...

Given are data for two variables, x and y.

xi

6 11 15 18 20

yi

5 9 12 19 30

(a) Develop an estimated regression equation for these data. (Round your numerical values to two decimal places.)

ŷ =  

(b) Compute the residuals. (Round your answers to two decimal places.)

xi

yi

Residuals
6 5
11 9
15 12
18 19
20 30

(d) Compute the standardized residuals. (Round your answers to two decimal places.)

xi

yi

Standardized Residuals
6 5
11 9
15 12
18 19
20 30

Consider the following data for two variables, x and y.

xi

135 110 130 145 175 160 120

yi

145 100 120 115 130 130 110

(a) Compute the standardized residuals for these data. (Round your answers to two decimal places.)

xi

yi

Standardized Residuals
135 145
110 100
130 120
145 115
175 130
160 130
120 110

The standardized residual with the largest absolute value is _____ .

Solutions

Expert Solution

1st question

a)

x-bar = 70/5 = 14
y-bar = 75/5 = 15

b = (sum(xy)-n*x-bar*y-bar)/(sum(x2)-n*x-bar^2) = (1251-5*14*15)/(1106-5*14^2) = 1.595238095 = 1.6 (Rounded to 2 decimal places)

a = y-ba-b*x-bar = 15-1.595238095*14 = -7.33333333 = -7.33(Rounded to 2 decimal places)

Formula

b)

xi yi Residual
6 5 2.76
11 9 -1.21
15 12 -4.6
18 19 -2.38
20 30 5.43

d)

xi yi Residual
6 5 0.68
11 9 -0.3
15 12 -1.14
18 19 -0.59
20 30 1.34

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