Question

In: Statistics and Probability

Consider the following data for two variables, and

Consider the following data for two variables,  and .

7 30 21 18 25  
10 27 23 16 21  

a. Develop an estimated regression equation for the data of the form . Comment on the adequacy of this equation for predicting . Enter negative value as negative number.

The regression equation is
 
 
s= (to 3 decimals)   R2= % (to 1 decimal)   R Adjusted= % (to 1 decimal)
 
Analysis of Variance
SOURCE DF SS
(to 2 decimals)
MS
(to 2 decimals)

(to 2 decimals)
-value
(to 4 decimals)
Regression          
Residual Error          
Total          

b. Develop an estimated regression equation for the data of the form y=b0+b1x+b2x2 . Comment on the adequacy of this equation for predicting y . Enter negative value as negative number. If your answer is zero, enter "0".

The regression equation is
 
 
s= (to 3 decimals)   r2= % (to 1 decimal)   adjusted r= % (to 1 decimal)
 
Analysis of Variance
SOURCE DF SS
(to 3 decimals)
MS
(to 3 decimals)

(to 2 decimals)
-value
(to 4 decimals)
Regression          
Residual Error          
Total          

c.Using the appropriate regression model, predict the value of y when x=2 .

Solutions

Expert Solution

a)

excel o/p for regression

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.952126
R Square 0.906543
Adjusted R Square 0.875391
Standard Error 2.322839
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 157.0133 157.0133 29.10033 0.012484
Residual 3 16.18675 5.395582
Total 4 173.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 4.757028 2.906424 1.636729 0.200208 -4.49251 14.00657 -4.49251 14.00657
X 0.7249 0.134378 5.394473 0.012484 0.297248 1.152551 0.297248 1.152551

Y=4.76 + 0.72*X

s=2.323

R²=90.7%

R² adj = 87.5%

ANOVA
df SS MS F p-value
Regression 1 157.01 157.01 29.10 0.0125
Residual 3 16.19 5.40
Total 4 173.20

b)

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.952255
R Square 0.906789
Adjusted R Square 0.813579
Standard Error 2.841134
Observations 5
ANOVA
df SS MS F Significance F
Regression 2 157.0559 78.52796 9.728385 0.093211
Residual 2 16.14409 8.072044
Total 4 173.2
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept 5.174194 6.750391 0.766503 0.523491 -23.8704 34.21878 -23.8704 34.21878
X 0.667544 0.805915 0.828306 0.494605 -2.80003 4.135115 -2.80003 4.135115
0.001585 0.021802 0.072696 0.948664 -0.09222 0.09539 -0.09222 0.09539

Y=5.17 + 0.67*X + 0.00*X²

s=2.841

R²=90.7%

R² adj = 81.4%

ANOVA
df SS MS F p-value
Regression 2 157.06 78.53 9.73 0.0932
Residual 2 16.14 8.07
Total 4 173.20

c)

first model is appropriate because p-value <α=0.05

when x=2

Y=4.76 + 0.72*2 = 6.21


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