Question

In: Statistics and Probability

A marketing professor at Givens College is interested in the relationship between hours spent studying and...

A marketing professor at Givens College is interested in the relationship between hours spent studying and total points earned in a course. Data collected on 10 students who took the course last quarter are in file HoursPts.xlsx.

Hours Points
45 40
30 35
90 75
60 65
105 90
65 50
90 90
80 80
55 45
75 65

a) Use XLSTAT to create a scatterplot with hours spent studying on the horizontal axis and total points earned on the vertical axis. Include the fitted simple linear regression line on the plot and include the plot in your answer. What does the scatterplot indicate about the relationship between hours spent studying and total points earned?

Hint: Select Visualizing data > Scatter plots, select cells A1:A11 for X and select cells B1:B11 for Y. Click “Options” and check “Regression lines.”

b) Use XLSTAT to estimate a simple linear regression model using least squares. Report the estimated regression equation that could be used to predict the total points earned given the hours spent studying.

Hint: Select Modeling data > Linear regression, select cells B1:B11 for “Y / Dependent variables: Quantitative” and select cells A1:A11 for “X / Explanatory variables: Quantitative.”

c) Is there a significant linear relationship between the two variables based on a significance level α=0.05?

Hint: You can use either a t-test or an F-test to answer this question. In your answer state the hypotheses, test statistic, p-value, decision, and conclusion.

d) Use the estimated regression equation to predict the total points earned for a student who spends 95 hours studying.

e) Use XLSTAT to compute a 95% confidence interval for the average total points earned for students who spend 95 hours studying. Interpret the interval in the context of the application.

Solutions

Expert Solution

Ana a ) using excel

we have

b ) using excel

regression analysis output is

Simple Linear Regression Analysis
Regression Statistics
Multiple R 0.9369
R Square 0.8777
Adjusted R Square 0.8624
Standard Error 7.5231
Observations 10
ANOVA
df SS MS F Significance F
Regression 1 3249.7208 3249.7208 57.4182 0.0001
Residual 8 452.7792 56.5974
Total 9 3702.5000
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 5.8470 7.9717 0.7335 0.4842 -12.5358 24.2299
Hours 0.8295 0.1095 7.5775 0.0001 0.5771 1.0820
Confidence Interval Estimate
Data
X Value 95
Confidence Level 95%
Intermediate Calculations
Sample Size 10
Degrees of Freedom 8
t Value 2.306004
XBar, Sample Mean of X 69.5
Sum of Squared Differences from XBar 4722.5
Standard Error of the Estimate 7.523125
h Statistic 0.237692
Predicted Y (YHat) 84.65326
For Average Y
Interval Half Width 8.4580
Confidence Interval Lower Limit 76.1953
Confidence Interval Upper Limit 93.11121
For Individual Response Y
Interval Half Width 19.3003
Prediction Interval Lower Limit 65.3529
Prediction Interval Upper Limit 103.9536

simple linear regression model is

points = 5.847 +0.8295 *points

Ans c ) since p value of F stat is 0.0001 which is less than 0.05 so  there a significant linear relationship between the two variables based on a significance level .

Ans d) the estimated regression equation to predict the total points earned for a student who spends 95 hours studying is

= 5.847 +0.8295 *95 = 84.6495

Ans e ) a 95% confidence interval for the average total points earned for students who spend 95 hours studying is (76.1953,93.1112)

we are 95 % confident that average total points earned for students who spend 95 hours studying lies in between (76.1953,93.1112)


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