Question

In: Statistics and Probability

3) Use the data below to answer the questions that follow X 7 9 11 15...

3) Use the data below to answer the questions that follow

X 7 9 11 15 15 17 21 21 21 29 33 34 35 35

Y 22 20 17 17 16 12 10 10 7    4    4    3 1 0

a) Calculate the correlation coefficient “r”

b) Explain what your value for r means for this data

c) Determine the equation for the linear regression line of this data

d) What does your equation predict for an x value 17?

e) How does that compare with the actual y value for x = 17?

f) What does your equation predict for an x value of 25?

g) How accurate do you think that prediction is? Why?

Solutions

Expert Solution

Following table shows the calculations:

X Y X^2 Y^2 XY
7 22 49 484 154
9 20 81 400 180
11 17 121 289 187
15 17 225 289 255
15 16 225 256 240
17 12 289 144 204
21 10 441 100 210
21 10 441 100 210
21 7 441 49 147
29 4 841 16 116
33 4 1089 16 132
34 3 1156 9 102
35 1 1225 1 35
35 0 1225 0 0
Total 303 143 7849 2153 2172

(a)

(b)

Correlation coefficient is negative and it has high magnitude 0.976 so it shows that relationship between the variables is negative and strong.

(c)

(d)

(e)

The actual of y for X=17 is 12. That is predicted value is greater than actual value.

(f)

(g)

The prediction should be near to accurate because X=25 is within range of X used to make the model.


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