A business analyst wants to classify 22 successful small-to-medium size manufacturing companies into meaningful groups for future analyses. The analyst collects data on the number of clients, rate of return, sales, and theyears the companies have been in business.The following scatterplot is showing the relationship between two variables:Sales50000000-40000000300000002000000010000000-50Scatterplot of Sales vs Clients75100Clients125150O The regression line have many possibilitiesO The regression line is the best fitted line, where the errors or residuals are the minimum valueO The regression line makes no sense hereO We need to stratify the data

Based on the information provided, the scatterplot represents the relationship between the number of…

Answered: A business analyst wants to classify 22…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The table below gives the number of hours spent unsupervised each day as well as the overall grade averages for seven randomly selected middle school students. Using this data, consider the equation of the regression line, bo + b₁x, for predicting the overall grade average for a middle school student based on the number of hours spent unsupervised each day. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, In practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. a Answer How to enter your answer (opens in new window) Step 6 of 6: Find the value of the coefficient of determination. Round your answer to three decimal places. 9 S e $ A A Hours Unsupervised Overall Grades V 96 5 t 8 b Oll 0 0.5 1 3.5 4 5 5.5 95 92 85 83 81 73 63 h → U İ 8 i k N 9 O alt I * Р ctri Tables Copy Data Keypad Keyboard Shortcuts Previous step answers…
indlude answer(s) for part(s) A, B, C & D.
(e) Find the line of best fit (or, the regression line) for the following data points: (3,13)(3,13), (4,18)(4,18), (5,23)(5,23), and (7,24)(7,24).
The following table shows the starting salary and profile of a sample of 10 2 p employees in a certain call center agency. Run a multiple regression analysis with starting salary as the dependent variable (pesos) and GPA, years of experience and civil service ratings as the independent variables. Use .05 level of significance.What is the computed R square of the resulting multiple linear regression and its interpretation? * Civil Years of Starting salary GPA service experience ratings 79.5 15000 80.1 15000 81.2 78.0 15500 81.3 79.0 16000 82.4 80.0 16200 83.4 85.0 17500 87.9 89.9 89.1 18000 90.3 16,300 84.2 17000 87.0 17900 88.1 84.1 89.0 89.2 R squared = 0.8053; This means that 80.53% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of experience and civil service ratings. R squared = 0.9651; This means that 96.51% of the total variation in the starting salary can be explained by its linear relationship with GPA, years of…
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The basic hypothesis is that people who play sports are more likely than others to watch sport on TV. Your first task is to crosstabulate the data involving the playing and watching of sports and to determine the direction and strength of that relationship. Write out your findings about this basic relationship. Your next task is to determine the direction and strength of the partial relationships when you control for the gender of individuals.
The table below gives the number of hours spent unsupervised each day as well as the overall grade averages for seven randomly selected middle school students. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the overall grade average for a middle school student based on the number of hours spent unsupervised each day. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Hours Unsupervised 0 1 1.5 2.5 4 5.5 6 Overall Grades 98 86 85 83 80 78 67 Table Step 1 of 6: Find the estimated slope, y intercept, correlation cofficient Round your answers to three decimal places.
30)
The table below gives the number of hours spent unsupervised each day as well as the overall grade averages for seven randomly selected middle school students. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the overall grade average for a middle school student based on the number of hours spent unsupervised each day. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Hours Unsupervised 1 2 3 4 4.5 5 5.5 Overall Grades 98 95 93 90 89 72 69 Table Copy Data Step 2 of 6 : Find the estimated y-intercept. Round your answer to three decimal places.
The table below gives the number of hours spent unsupervised each day as well as the overall grade averages for seven randomly selected middle school students. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the overall grade average for a middle school student based on the number of hours spent unsupervised each day. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant. Hours Unsupervised 0.5 1 1.5 2 3 4.5 5.5 Overall Grades 100 97 96 85 83 72 67 Table Step 2 of 6 : Find the estimated y-intercept. Round your answer to three decimal places

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