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- The output table below represents the results of the estimation of household expenditures (Y) and income (X) in thousand dollars. Considering the results, answer the following questions. Dependent Variable: Y Method: Least Squares Date: 01/07/16 Time: 11:22 Sample: 2000 2015 Included observations: 16 Variable Coefficient Std. Error t-Statistic Prob. C -0.241942 2.452237 -0.098662 0.9228 X 0.363176 0.013890 26.14674 0.0000 R-squared 0.979933 Mean dependent var 55.43750 Adjusted R-squared 0.978499 S.D. dependent var 33.17221 S.E. of regression 4.864079 Akaike info criterion 6.118100 Sum squared resid 331.2297 Schwarz criterion 6.214674 Log likelihood -46.94480 Hannan-Quinn criter. 6.123046 F-statistic 683.6522 Durbin-Watson stat 0.632113…4. The following regression is fitted using variables identified that could be related to tuition charges ($) of a university. TUITION = a+ B ACCEPT + y MSAT + 1 VSAT Where ACCEPT = the percentage of applicants that was accepted by the university, MSAT = Median Math SAT score for the freshman class and VSAT = Median English SAT score for the freshman class. The data was processed using MNITAB and the following is an extract of the output obtained: Predictor Coef StDev T P Constant -26780 6115 -4.38 0.000 ACCEPT 116.00 37.17 * 0.003 MSAT -4.21 14.12 VSAT 70.85 15.77 -0.30 4.49 0.767 ** S = 2685 R-Sq = 69.6% Analysis of Variance R-Sq (adj) = 67.7% Source DF SS MS F P Regression 3 808139371 Residual Error 49 353193051 269379790 7208021 37.37 0.000 Total 52 1161332421 a) Write out the regression equation. b) State the dependent and independent variable(s) c) Fill in the blanks identified by ** and ****. d) Is B significant, at the 10% level of significance? e) State one limitation of using…A local teacher wants to see if teaching writing in different ways impacts student learning. She has two classes of similar characteristics. In one class, she will use Teaching Strategy A and in the other class she will use Teaching Strategy B. She collects student test scores and is ready to run her analysis in Microsoft Excel. Which test should she choose from the menu? Descriptive Statistics t-Test: Paired Two Sample for Means t-Test: Two-Sample Assuming Equal Variance Fourier Analysis
- 8. You collect data on people's height and study the relationship between gender and height. A regression of the height on a binary variable (Female), which takes a value of one for females and zero otherwise, yields the following result: Height = 71.0- 4.84 x Female, R2 = 0.40, SER = 2.0 (0.3) (0.57) (a) What is the sample average male height? (b) What is the sample average female height? I (c) How to interpret the slope coefficient -4.84? (d) Is the error term in the regression more likely to be heteroskedastic or homoscedastic? Why? R English (United States) D'Focus Page 9 of 10 920 words 100%The following data represent the speed at which a ball was hit (in miles per hour) and the distance it traveled (in feet) for a random sample of home runs in a Major League baseball game in 2018. Complete parts (a) through (f). Click here to view the data. Click here to view the critical values of the corelation coefficient (a) Find the least-squares regression line treating speed at which the ball was hit as the explanatory variable and distance the ball traveled as the response variable. y (Round to three decimal places as needed.) (b) Interpret the slope and y-intercept, if appropriate. Begin by interpreting the slope. Data table O A. The slope of this least-squares regression line says that the distance the ball travels increases by the slope with every 1 mile per hour increase in the speed that the ball was hit. O B. The slope of this least-squares regression line shows the increase in the speed that the ball was hit with every 1 foot increase in the distance that the ball was…We have estimated the impact of gross domestic product (GDP), energy consumption (ENERGY) and population (POP) on CO2 emiisions (CO2) in Cyprus. The results are as follows; Dependent Variable: CO2 Method: Least Squares Date: 04/20/17 Time: 09:46 Sample: 1990 2013 Included observations: 24 Variable Coefficient Std. Error t-Statistic Prob. C 2.002813 6.458672 0.310097 0.7597 GDP 0.022114 0.011872 1.862670 0.0773 ENERGY -0.734352 0.328388 -2.236233 0.0369 POP 0.203927 0.293686 0.694371 0.4954 R-squared 0.825079 Mean dependent var 3.625982 Adjusted R-squared 0.798841 S.D. dependent var 0.108170 S.E. of regression 0.048515 Akaike info criterion -3.062883 Sum squared resid 0.047074 Schwarz criterion -2.866541 Log likelihood 40.75460 Hannan-Quinn criter. -3.010793 F-statistic 31.44583 Durbin-Watson stat 1.410912…
- An article on the cost of housing in California that appeared in the San Luis Obispo Tribunet included the following statement: "In Northern California, people from the San Francisco Bay area pushed into the Central Valley, benefiting from home prices that dropped on average $4000 for every mile traveled east of the Bay area." If this statement is correct, what is the slope of the least-squares regression line, ý = a + bx, where y = house price (in dollars) and x = distance east of the Bay (in miles)? Your answer cannot be understood or graded. More InformationAn engineer wants to determine how the weight of a gas-powered car, x, affects gas mileage, y. The accompanying data represent the weights of various domestic cars and their miles per gallon in the city for the most recent model year. Complete parts (a) Find the least-squares regression line treating weight as the explanatory variable and miles per gallon as the response variable.Espan Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock (y) from the prime interest rate in percent (x). LinReg y=a+bx a = 2.39562641 do b=0.37929688 2=0.4130321711 r=0.64267579 Part: 0 /3 Part 1 of 3 Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers). Regression line equation: y = Part 2 of 3 What is the correlation between the interest rate and the yield of the stock? The correlation coefficient is Part: 2 /3 Part 3 of 3 Predict the price when the prime interest rate is 6%. Round the answer to at least four decimal places. When the prime interest rate is 6%, the price is predicted to be
- An engineer is testing a new car model to determine how its fuel efficiency, measured in L/(100 km), is related to its speed, which is measured in km/hour. The engineer calculates the average speed for 30 trials. The average speed is an example of a (statistic or parameter) The engineer would like to find the least squares regression line predicting fuel used (y) from speed (x) for the 30 cars he observed. He collected the data below. Speed 62 65 80 82 85 87 90 96 98 100 Fuel 12 13 14 13 14 14 15 15 16 15 Speed 100 102 104 107 112 114 114 117 121 122 Fuel 16 17 16 17 18 17 18 17 18 19 Speed 124 127 127 130 132 137 138 142 144 150 Fuel 18 19 20 19 21 23 22 23 24 26 The regression line equation is Round each number to four decimal places.A year-long fitness center study sought to determine if there is a relationship between the amount of muscle mass gained y(kilograms) and the weekly time spent working out under the guidance of a trainer x(minutes). The resulting least-squares regression line for the study is y=2.04 + 0.12x A) predictions using this equation will be fairly good since about 95% of the variation in muscle mass can be explained by the linear relationship with time spent working out. B)Predictions using this equation will be faily good since about 90.25% of the variation in muscle mass can be explained by the linear relationship with time spent working out C)Predictions using this equation will be fairly poor since only about 95% of the variation in muscle mass can be explained by the linear relationship with time spent working out D) Predictions using this equation will be fairly poor since only about 90.25% of the variation in muscle mass can be explained by the linear relationship with time spent…
