A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. Time 12 26 5 28 11 24 20 21 16 Money 37 84 34 84 53 92 72 92 75 The equation of

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Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and -intercept to at least four decimal places.

Define the different ways to use linear regression?

The age and height (in cm) of 400 adult women from Bolivia were measured. A researcher wants to know if age has any effect on height. A linear regression is carried out in Minitab and the following output obtained. Coefficients Term Constant Age (a) Write down the regression model. (b) Interpret the regression coefficient for the fitted model. (c) Use the output from Minitab to explain if the age of a participant affects their height. Percent (d) The normal probability plot of the residuals from this regression model is given below. Do the assumptions of the regression model seem reasonable? Justify your answer. 99.9 8 28 22299229 88 Coef SE Coef 152.94 7.69 0.022 0.231 01 -100 T-Value P-Value VIF 19.90 0.000 0.10 0.924 1.00 -50 Normal Probability Plot (response is Height) 0 Residual 50 ***** 100 150

Researchers studying tigers collected data on the length (in meters) and weight (in kilograms) of the animals. Is there statistically significant evidence that the length of tigers is related to their weight?

The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years, construct and interpret a 98% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $888 the equation of the regression line is y= 1.453x-47.386. Wages(state), X | 739|760|784|822|898|921|937|954|965| Wages (federal), Y |1,036|1,054|1,105|1,136|1,192|1,253|1,266|1,327|1,400|

Develop an estimated regression equation with annual income and household size as the independent variables.  Can you explain what to put into excel to generate regression, using the data analysis tool   Below is the data Income($1000s) HouseholdSize AmountCharged ($) 54 3 4,016 30 2 3,159 32 4 5,100 50 5 4,742 31 2 1,864 55 2 4,070 37 1 2,731 40 2 3,348 66 4 4,764 51 3 4,110 25 3 4,208 48 4 4,219 27 1 2,477 33 2 2,514 65 3 4,214 63 4 4,965 42 6 4,412 21 2 2,448 44 1 2,995 37 5 4,171 62 6 5,678 21 3 3,623 55 7 5,301 42 2 3,020 41 7 4,828 54 6 5,573 30 1 2,583 48 2 3,866 34 5 3,586 67 4 5,037 50 2 3,605 67 5 5,345 55 6 5,370 52 2 3,890 62 3 4,705 64 2 4,157 22 3 3,579 29 4 3,890 39 2 2,972 35 1 3,121 39 4 4,183 54 3 3,730 23 6 4,127 27 2 2,921 26 7 4,603 61 2 4,273 30 2 3,067 22 4 3,074 46 5 4,820 66 4 5,149

The table shows the average weekly wages (in dollars) for state government employees and federal government employees for 8 years. The equation of the regression line is y = 1.405x – 12.307. Complete parts (a) and (b) below. Average Weekly Wages (state), x Average Weekly Wages (federal), y 751 760 791 817 835 881 924 951 1002 1047 1115 1149 1195 1250 1269 1300 (a) Find the coefficient of determination and interpret the result. 12 =O

Define linear regression?