Question

In: Statistics and Probability

Let x be a random variable representing percentage change in neighborhood population in the past few...

Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population.) A random sample of six Denver neighborhoods gave the following information: x 29 2 11 17 7 6 y 173 35 132 127 69 53 ?x=72, ?y=589, ?x^2=1340, ?y^2=72,277,?xy=9499 a) draw a scatter diagram for the data b) find x bar, y bar, b and the equation of the least-squares line. Plot the line on the scatter diagram of part (a). c) Find the sample correlation coefficient r and the coefficient of determination. What percentage of the variation in y is explained by the least-squares model? d) Test the claim that the population correlation coefficient p is not zero at the 1% level of significance. e) For a neighborhood with x= 12% change in population in the past few years, predict the change in the crime rate (per 1000 residents) f) verify that Se= 22.5908 g) Find a 80% confidence interval for the change in crime rate when the percentage change in population is x= 12% h) Test the claim that the slope B of the population least-squares line is not zero at the 1% level of significance. I) Find an 80% confidence interval for B and interpret its meaning show all steps and work please for credit

Solutions

Expert Solution

Note : Allowed to solve only 4 sub question in one post. (solved from a to e)

a) draw a scatter diagram for the data and the regression line

b) find x bar, y bar, b and the equation of the least-squares line. Plot the line on the scatter diagram of part (a).

c) Find the sample correlation coefficient r and the coefficient of determination. What percentage of the variation in y is explained by the least-squares model?

Coefficient of determination(rsqaure) = 0.8588
It is the measure of the amount of varaiblity in y explained by x. Its value lies between 0 and 1. Greater the value, better is the model. In this case, it 85.88%, hence the model is good

d) Test the claim that the population correlation coefficient p is not zero at the 1% level of significance

Hence there is sufficient evidence to claim that the population correlation coefficient p is not zero at the 1% level of significance

e) For a neighborhood with x= 12% change in population in the past few years, predict the change in the crime rate (per 1000 residents)​​​​​​​


Related Solutions

Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. x 31 1 11 17 7 6 y 177 39 132 127 69 53 In this setting we have Σx = 73, Σy = 597, Σx2 = 1457, Σy2 = 73,973, and Σxy = 9938. What percentage of...
Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. PLEASE HELP WITH QUESTIONS (F) - (I) x 28 1 11 17 7 6 y 170 38 132 127 69 53 In this setting we have Σx = 70, Σy = 589, Σx2 = 1280, Σy2 = 71,467,...
Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. x 27 3 11 17 7 6 y 167 40 132 127 69 53 In this setting we have Σx = 71, Σy = 588, Σx2 = 1233, Σy2 = 70,612, and Σxy = 9041. (e) For a...
Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. x 26 2 11 17 7 6 y 179 34 132 127 69 53 In this setting we have Σx = 69, Σy = 594, Σx2 = 1175, Σy2 = 74,320, and Σxy = 9134. (a) Find x,...
Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. x 30 3 11 17 7 6 y 177 33 132 127 69 53 Σx = 74; Σy = 591; Σx2 = 1,404; Σy2 = 73,541; Σxy = 9,821 (a) Find x, y, b, and the equation of...
Let x be a random variable representing percentage change in neighborhood population in the past few...
Let x be a random variable representing percentage change in neighborhood population in the past few years, and let y be a random variable representing crime rate (crimes per 1000 population). A random sample of six Denver neighborhoods gave the following information. x 25 4 11 17 7 6 y 172 33 132 127 69 53 In this setting we have Σx = 70, Σy = 586, Σx2 = 1136, Σy2 = 71,796, and Σxy = 8844. (a) Find x,...
Let X be the random variable representing the number of calls received in an hour by...
Let X be the random variable representing the number of calls received in an hour by a 911 emergency service. A probability distribution of X is given below. Value of X 0 1 2 3 4 Probability P(x) 0.32 ____ ____ 0.16 0.08 (a) Suppose the probability that X = 1 and the probability that X = 2 are the same. What are these probabilities? Incorrect: Your answer is incorrect. (b) What is the probability that at least one call...
Two dice are rolled. Let X be the random variable representing the result of the first...
Two dice are rolled. Let X be the random variable representing the result of the first die, and Y be the random variable representing the largest value rolled on either die. Describe the joint probability density function for X and Y .
Let X be a random variable representing the number of years of education an individual has,...
Let X be a random variable representing the number of years of education an individual has, and let Y be a random variable representing an individual’s annual income. Suppose that the latest research in economics has concluded that: Y = 6X +U (1) is the correct model for the relationship between X and Y , where U is another random variable that is independent of X. Suppose Var(X) = 2 and Var(Y ) = 172. a. Find Var(U). b. Find...
Let X be a random variable representing a quantitative daily market dynamic (such as new information...
Let X be a random variable representing a quantitative daily market dynamic (such as new information about the economy). Suppose that today’s stock price S0 for a certain company is $150 and that tomorrow’s price S1 can be modeled by the equation S1 = S0 · eX. Assume that X is normally distributed with a mean of 0 and a variance of 0.5. (a) Find the probability that X is less than or equal to 0.1 (b) Suppose the daily...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT