Question

In: Statistics and Probability

Use the following information for questions 1-5. Do larger families spend more per week on food?...

Use the following information for questions 1-5.

Do larger families spend more per week on food? A sample of 10 families in Chicago revealed the following data for family size and the weekly grocery bill. (Part of the calculations are done for you.)

           Family size     $Groceries     (X-Xbar)        (Y-Ybar)       (X-Xbar) x (Y-Ybar)

  •          3                 99                -1                 -11                        11
  •          6                114                2                    4                          8
  •          5                131                1                   21                       21
  •          6                129                2                   19                       38
  •          6                142                2                   32                       64
  •          3                111               -1                    1                       
  •          4                104                0
  •          2                  81
  •          2                  98
  •          3                  91
  •         40             1100

Sx = 1.63     Sy = 19.28     X-bar = 40/10 = 4    Y-bar = 1100/10 = 110

Grocery Question #1: Calculate ∑ (X - Xbar) x (Y - Ybar)

A.

236

B.

238

C.

240

D.

242

Grocery Question #2: Assuming that ∑ (X - Xbar) x (Y - Ybar) is equal to 242, calculate r.

A.

+0.856

B.

+0.858

C.

+0.860

D.

+0.862

Grocery Question #3: Assuming that r = +0.856, determine the regression equation,

Y = 10.125 + 69.5X

Y = 69.5 + 10.125X

Y = 70 + .858X

Y = 0.858 + 70X

Grocery Question #4: Assuming that the Regression equation is Y = 70 + .858X, how much would you expect a family of five to spend on groceries over a week's time?

A.

$73

B.

$74

C.

$75

D.

$76

Grocery Question #5: Assuming that the coefficient of determination is 0.732, what conclusion can you reach?

A.

26.8% of the grocery bill can be explained by the variation in family size.

B.

73.2% of the family size can be explained by the variation in the grocery bill.

C.

73.2% of the weekly grocery bill can be explained by the variation in family size.

D.

The coefficient of correlation is 0.536.

Solutions

Expert Solution

family size(x) groceries(y)
3 99 -1 -11 11
6 114 2 4 8
5 131 1 21 21
6 129 2 19 38
6 142 2 32 64
3 111 -1 1 -1
4 104 0 -6 0
2 81 -2 -29 58
2 98 -2 -12 24
3 91 -1 -19 19
sum= 242

given that,

, , ,

1)using the calculated table and given data:-

.

2) correlation coefficient (r) be:-

3). our regression slope and intercept be:-

so our regression equation be:-

Y = 69.5 + 10.125 X

4).Assuming that the Regression equation is Y = 70 + .858 X, i can expect a family of five to spend on groceries over a week's time is :-

dollars

5: Assuming that the coefficient of determination is 0.732, we can conclude that:-

73.2% of the weekly grocery bill can be explained by the variation in family size.

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