In: Math
x: 1.5, 1, .25, .5
y: 3.75, 2, 1, 1.75
1) what is the % variation in y explained by the regression
2) test the null hypothesis that the slope =0 with the alternative that slope is not =0 and using alpha =.01. write down the test p value and state your conclusion about the hypothesis.
necessary calculation for finding regression equation:-
x | y | x^2 | y^2 | xy |
1.5 | 3.75 | 2.25 | 14.0625 | 5.625 |
1 | 2 | 1 | 4 | 2 |
0.25 | 1 | 0.0625 | 1 | 0.25 |
0.5 | 1.75 | 0.25 | 3.0625 | 0.875 |
sum=3.250 | sum=8.500 | sum=3.563 | sum=22.13 | sum=8.75 |
the regression equation be:-
y= 0.5009 + 1.9989 slope
necessary calculation table for calculating variation in y:-
y | FITS() | (y hat- y bar)^2 | (y-y bar)^2 |
3.75 | 3.5 | 1.890625 | 2.640625 |
2 | 2.5 | 0.140625 | 0.015625 |
1 | 1 | 1.265625 | 1.265625 |
1.75 | 1.5 | 0.390625 | 0.140625 |
sum=3.687 | sum=4.063 |
so, the % variation in y explained by the regression:-
percent
b).hypothesis:-
calculation of test statistic:-
necessary calculation:-
x | y | FITS() | (y- y hat)^2 | (x- x bar)^2 |
1.5 | 3.75 | 3.5 | 0.0625 | 0.472656 |
1 | 2 | 2.5 | 0.25 | 0.035156 |
0.25 | 1 | 1 | 4.44E-31 | 0.316406 |
0.5 | 1.75 | 1.5 | 0.0625 | 0.097656 |
sum=3.250 | sum=0.375 | sum=0.921875 |
test statistic:-
df= (n-2) = (4-2) = 2
p value = 0.0473 ( using p value calculator for df= 2 , t score= 4.4321,alpha = 0.01)
decision:-
p value = 0.0473 >0.01, so we fail to reject our null hypothesis.so, at 0.01 LOS there is not sufficient evidence to say that the slope is different from 0.
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