In: Statistics and Probability
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)
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 |
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Y = 69.5 + 10.125X |
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Y = 70 + .858X |
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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. |
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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