Question

In: Statistics and Probability

Consider the data. xi 1 2 3 4 5 yi 3 7 5 10 13 (a)...

Consider the data.

xi

1 2 3 4 5

yi

3 7 5 10 13

(a)

Compute the mean square error using equation s2 = MSE =

SSE
n − 2

 . (Round your answer to two decimal places.)

(b)

Compute the standard error of the estimate using equation s =

MSE

=

SSE
n − 2

 . (Round your answer to three decimal places.)

(c)

Compute the estimated standard deviation of

b1

using equation sb1 =

s
Σ(xix)2

. (Round your answer to three decimal places.)

(d)

Use the t test to test the following hypotheses (α = 0.05):

H0: β1 = 0
Ha: β1 0

Find the value of the test statistic. (Round your answer to three decimal places.)

Find the p-value. (Round your answer to four decimal places.)

p-value =

State your conclusion.

Do not reject H0. We conclude that the relationship between x and y is significant.Do not reject H0. We cannot conclude that the relationship between x and y is significant.     Reject H0. We conclude that the relationship between x and y is significant.Reject H0. We cannot conclude that the relationship between x and y is significant.

(e)

Use the F test to test the hypotheses in part (d) at a 0.05 level of significance. Present the results in the analysis of variance table format.

Set up the ANOVA table. (Round your values for MSE and F to two decimal places, and your p-value to three decimal places.)

Source
of Variation
Sum
of Squares
Degrees
of Freedom
Mean
Square
F p-value
Regression
Error
Total

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

State your conclusion.

Reject H0. We conclude that the relationship between x and y is significant.Do not reject H0. We cannot conclude that the relationship between x and y is significant.     Reject H0. We cannot conclude that the relationship between x and y is significant.Do not reject H0. We conclude that the relationship between x and y is significant.

Solutions

Expert Solution

Solution :

Data -----> Data Analysis -----> Regression ---->OK

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.914891
R Square 0.837025
Adjusted R Square 0.7827
Standard Error 1.852926
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 52.9 52.9 15.40777 0.029422
Error 3 10.3 3.433333
Total 4 63.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 0.7 1.943365 0.3602 0.742564 -5.48465 6.884654 -5.48465 6.884654
X Variable 1 2.3 0.585947 3.925273 0.029422 0.435257 4.164743 0.435257 4.164743

a)

From regression statistics,

s2 = MSE = SSE / n - 2 = 10.3/ 5-2 = 13.9 / 3

s2 = 3.43

b)

s = sqrt(MSE) = sqrt(SSE / n - 2) = sqrt(3.43)

s = 1.853

c)

d)

value of the test statistic

P value = 0.0294

Option C

Reject H0. We conclude that the relationship between x and y is significant.

e)

ANOVA
df SS MS F F p value
Regression 1 52.9 52.9 15.41 0.029
Error 3 10.3 3.43
Total 4 63.2

the value of the test statistic = 15.41

P value = 0.029

Option A

Reject H0. We conclude that the relationship between x and y is significant


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