In: Statistics and Probability
Consider the following data for two variables, x and y.
x | 9 | 32 | 18 | 15 | 26 |
---|---|---|---|---|---|
y | 10 | 19 | 22 | 17 | 23 |
(a) Develop an estimated regression equation for the data of the form ŷ = b0 + b1x. (Round b0 to two decimal places and b1 to three decimal places.)
ŷ =
Comment on the adequacy of this equation for predicting y. (Use α = 0.05.)
The high p-value and low coefficient of determination indicate that the equation is inadequate.
The high p-value and high coefficient of determination indicate that the equation is adequate.
The low p-value and low coefficient of determination indicate that the equation is inadequate.
The low p-value and high coefficient of determination indicate that the equation is adequate.
(b) Develop an estimated regression equation for the data of the form ŷ = b0 + b1x + b2x2. (Round b0 to two decimal places and b1 to three decimal places and b2 to four decimal places.)
ŷ =
Comment on the adequacy of this equation for predicting y. (Use α = 0.05.)
The high p-value and low coefficient of determination indicate that the equation is inadequate.
The high p-value and high coefficient of determination indicate that the equation is adequate.
The low p-value and low coefficient of determination indicate that the equation is inadequate.
The low p-value and high coefficient of determination indicate that the equation is adequate.
(c) Use the model from part (b) to predict the value of y when x = 20.(Round your answer to two decimal places.)
(a)
Following is the output of regression analysis generated by excel:
The model is
The p-value of the model is 0.2098
Since p-value is large so model is not significant.
R square is 0.4576. Only 45.76% of variation in y is explained by X.
Correct option is
The high p-value and low coefficient of determination indicate that the equation is inadequate.
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Following table shows the data for x^2:
Y | X | x^2 |
10 | 9 | 81 |
19 | 32 | 1024 |
22 | 18 | 324 |
17 | 15 | 225 |
23 | 26 | 676 |
Following is the regression model:
The model is
The p-value of the model is 0.0269
Since p-value is small so model is significant.
R square is 0.9731. Only 97.31% of variaiton in y is exaplined by X.
Correct option is
The low p-value and high coefficient of determination indicate that the equation is adequate.
(c)
The model of part b is
Putting x=20 gives
Answer: 22.59