Question

In: Statistics and Probability

Using MS Excel and the random number generator function, generate values for 30 observations for the...

Using MS Excel and the random number generator function, generate values for 30 observations for the following columns with average daily:

  1. Body weight with random values between 100 and 250lbs

  2. Calories intake with random values between 1000 and 3000

    calories

  3. Workout duration with random values between 0 and 60 minutes

  4. Sleep duration with random values between 2 and 12 hours

  5. Work duration with random values between 0 and 12 hours

  1. Assuming that the values are averages over 1 year, conduct the following:

    1. Descriptive statistics for each category
    2. Correlation analysis between weight and calorie intake 3. Analysis of variance
    4. Regression analysis

  2. Formulate a hypothesis of your choice using weight, calorie intake, workout duration, sleep duration, and/or work duration. Which statistical test would you select to validate the hypothesis?

  3. What are your observations?

Solutions

Expert Solution

Let

y denotes, Body weight ; x1 denotes Calories Intake ; x2 denotes Work Duration ; x3 denotes Sleep Duration ; x4 denotes Work Duration

Random values generated as per the given conditions are

S.No. y x1 x2 x3 x4
1 180 1938 7 2 5
2 149 1783 58 9 11
3 166 2974 37 11 0
4 183 1540 58 11 7
5 173 2247 14 2 6
6 135 2398 21 3 3
7 124 2274 57 10 9
8 172 2545 43 3 2
9 108 2194 59 2 9
10 193 2678 25 4 8
11 191 1867 14 4 10
12 237 1412 4 4 7
13 190 1711 4 12 8
14 192 1018 30 7 8
15 184 1090 60 5 3
16 234 2080 31 8 8
17 192 1758 40 10 12
18 232 2107 48 4 4
19 179 1701 8 10 4
20 212 2818 44 9 3
21 207 2758 10 8 7
22 213 2105 28 3 1
23 179 2278 37 5 6
24 184 2359 58 7 4
25 171 2901 21 8 0
26 113 1734 22 5 1
27 211 2242 51 10 6
28 163 1253 55 7 0
29 246 2069 9 5 0
30 199 1014 48 12 4

1. Descriptive Statistics for each category are

2. Correlation between Body Weight and Calories Intake is

Let us regress Body Weight (y) on Calories Intake (x1), Workout Duration (x2), Sleep Duration (x3), and Work Duration (x4) i.e.,

The linear regression equation is

... (1)

Where

Our hypothesis is to test is at least one of the regressors are statistically significantly i.e.,

Null hypothesis

versus

Alternative hypothesis

for at least one j = 1,2,3,4

(3)

Analysis of variance table is given below

From p-value (Significance F) = 0.5486 > 0.05, it is inferred that we do not reject Null hypothesis and infer that none of the independent variables considered in the equation (1) are statistically significant in explaining the dependent variable

(4)

Regression Analysis table is given below:

From the 'Summary Output' it is inferred that

a. Considering p-values of individual parameters, all p-values > 0.05 leading us to conclude that the parameter estimates are not statistically significant from '0'.

b. Considering R-Square (=0.1109), inferring that the regressor variables could only explain 11.09% of the total variation in the dependent variable, which indicates that these regressor variables are not sufficient to explain the dependent variable


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