Question

In: Statistics and Probability

TABLE 12-3 The director of cooperative education at a state college wants to examine the effect...

TABLE 12-3

The director of cooperative education at a state college wants to examine the effect of cooperative education job experience on marketability in the work place. She takes a random sample of four students. For these four, she finds out how many times each had a cooperative education job and how many job offers they received upon graduation. These data are presented in the table below.

Student Co-op Jobs Job Offer

1 1 4

2 2 6

3 1 3

4 0 1

1) Referring to Table 12-3, the least squares estimate of the slope is ________.

2) Referring to Table 12-3, the total sum of squares (SST) is ________.

Solutions

Expert Solution

1)

2)

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.980580676
R Square 0.961538462
Adjusted R Square 0.942307692
Standard Error 0.5
Observations 4
ANOVA
df SS MS F Significance F
Regression 1 12.5 12.5 50 0.019419324
Residual 2 0.5 0.25
Total 3 13
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 1 0.433012702 2.309401077 0.147197135 -0.863103284
x 2.5 0.353553391 7.071067812 0.019419324 0.978782539

SST = 13


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