Question

In: Statistics and Probability

y x1 x2 13 20 3 1 15 2 11 23 2 2 10 4 20...

y x1 x2
13 20 3
1 15 2
11 23 2
2 10 4
20 30 1
15 21 4
27 38 0
5 18 2
26 24 5
1 16 2

A manufacturer recorded the number of defective items (y) produced on a given day by each of ten machine operators and also recorded the average output per hour (x1) for each operator and the time in weeks from the last machine service (x2).

a. What is the least-squares prediction equation?

b. Is there evidence to indicate that both independent variables contribute significantly to the prediction of y? Why or why not?

c. Using the original model, how good is it? Give a quantitative answer and then explain your answer in a way that a non-statistician could understand.

d. Use the prediction equation to predict the number of defective items produced for an operator whose average output per hour is 25 and whose machine was serviced three weeks ago.

Solutions

Expert Solution

The regression or least squared prediction output is attached in the below image

Question (a)

The least-squares prediction equation is

Y = 1.4755 * X1 + 3.8192 * X2 + (-29.1721)

Where Y is Number of defective items

X1 is Average output per hour for each operator

X2 is Time in weeks from the last machine services

Question (b)

Both the Independent varibales X1 and X2 are contributing significanly to the prediction of Y since their p-values are lower than our value of 0.05. Hence both those variables are statistically significant

So there is evidence to indicate that both the independent variables X1 and X2 are contributing significantly to the dependent variable Y

Te p-value for X1 is 0.000000087 and X2 is 0.00001125 which are far lesser than our significance levels

Question (c)

The fit of the model is determine dy R-Square value and Significance F values.

Here R Square value from the Summary output is 0.98642, which implies that the model is a very strong fit for the data

The dependent variables are explaining 98.64% of variance of dependent variable which is very good for the model

The Significant F-value is 0.000000291 which is way less than our significance levels. Hence the model is a very good fit for the data

So for a non-statistican we can say that the number of defective items in almost all of the casses will be found accurately using the dependent variables Average output per hour for each operator and time in weeks from the last machine services

Question (d)

The least-squares prediction equation is

Y = 1.4755 * X1 + 3.8192 * X2 + (-29.1721)

Here our given X1 = 25, X2 = 3

So Y = 1.4755 * 25 + 3.8192 * 3 + (-29.1721)

= 19.71399

The number of defective items produced is 19.71399


Related Solutions

Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15...
Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Number of Aides Absent 5 8 11 15 4 2 7 1 4 6 14 19 3 5 8 In which of the following ranges you can find the Upper Control Limit of the control chart? 0.1427 0.1536 0.1677 Not computable with information available In which of the following ranges you can find the Lower Control Limit of the control chart? Does not exit...
student 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15...
student 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Test score 67 67 87 89 87 77 73 74 68 72 58 98 98 70 77 Above we have the final averages of the last stats and I want to know if the class average falls within the boundaries of all my statistics classes for the past 20 years. Find the sample size, mean, and standard deviation of the data above (Table 1)....
Compute the projection of y = (1, 2, 2, 2, 1)  onto span (x1, x2) where x1...
Compute the projection of y = (1, 2, 2, 2, 1)  onto span (x1, x2) where x1 =(1, 1, 1, 1, 1)   x2 =(4, 1, 0, 1, 4) The inner product to use is the usual dot product. (This will compute a best-fitting function that is quadratic with no linear term, fitting to the data (−2, 1),(−1, 2),(0, 2),(1, 2),(2, 1).)
If the hypothesis is (y)= f (+ X1, -X2,) what would be 2 or 3 x...
If the hypothesis is (y)= f (+ X1, -X2,) what would be 2 or 3 x variables for the company Campbell’s soup? And why?
(a) [10%] Determine the polynomial interpolant to the data t 1 2 3 4 y 11...
(a) [10%] Determine the polynomial interpolant to the data t 1 2 3 4 y 11 29 65 125 using the monomial basis. (b) [10%] Determine the Lagrange polynomial interpolant to the same data and show that the resulting polynomial is equivalent to that obtained in part (a). (c) [30%] Compute the Newton polynomial interpolant to the same data using each of the three methods discussed in class (triangular matrix, incremental interpolation, and divided differences) and show that each produces...
1. x2/3 + 3x1/3 and y = 10. What are the values of X? A) -2,...
1. x2/3 + 3x1/3 and y = 10. What are the values of X? A) -2, 5 B) -5, 2 C) -125, 8 D) -8, 125 E) None of the above 2. When a number is decreased by 20% of itself, the result is 144. What is the number?      36   72   180   900 3. A car rental agency charges $175 per week plus $0.20 per mile to rent a car. How many miles can you travel in one week...
Promotional expenses(x) Sales(y 7 12 10 14 9 13 4 5 11 15 5 7 3...
Promotional expenses(x) Sales(y 7 12 10 14 9 13 4 5 11 15 5 7 3 4 a) draw the scatter plot and draw the line of best fit b) Calculate and interpret the correlation between promotional expenses and sales C) Calculate the regression equation( calculate the slope and intercept of the regression line d)Interpret the slop coefficient of regression equation e)Using the regression equation calculate the sales volume with respect to promotional expense of 4. f) Obtain the coefficient...
u(x1, x2) = min {x1/2, x2/3} if the price of good 1 is $7/unit, the price...
u(x1, x2) = min {x1/2, x2/3} if the price of good 1 is $7/unit, the price of good 2 is $4/unit and income is 114.. What is this person's optimal consumption level for good 2?
11 12 11 10 14 15 16 12 11 10 12 20 13 32 35 14...
11 12 11 10 14 15 16 12 11 10 12 20 13 32 35 14 41 12 10 11 12 12 13 16 14 17 18 19 12 13 14 10 10 14 11 10 12 14 12 13 16 14 17 19 20 15 25 15 45 45 44 41 40 14 18 19 24 20 26 36 34 30 31 50 15 12 Find the following: Mean? (1) Median (2), and Mode? Find : Q3, Q1, D7,...
DATA 2 ID X1 X2 X3 Y A 0 2 4 9 B 1 0 8...
DATA 2 ID X1 X2 X3 Y A 0 2 4 9 B 1 0 8 10 C 0 1 0 5 D 1 1 0 1 E 0 0 8 10 CORRELATION MATRIX Y X1 X2 X3 Y 1 ? -0.304 +0.889 X1 ? 1 -0.327 0 X2 -0.304 -0.327 1 -0.598 X3 +0.889 0 -0.598 1 1. What is the sum of squares regression for the full model? (Correct answer is 58, please show me how to get...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT