MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
b0 is the y-intercept of the line
b_0b0 can be positive, negative, or zero
b_0b0 is the value of the response variable when the explanatory variable has a value of 0
b_0b0 provides important contextual information about the relationship between the variables
Expert Solution
arrow_forward
Step 1
The regression equation is:
Where,
b0 is y-intercept and b1 is slope of the line.
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- how to perform a linear regression to test the relationship between an independent and dependent variable where the data consists of 5 groups with repeated measures?arrow_forwardWe wish to predict the salary for baseball players (y) using the variables RBI (x1) and HR (x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. The following is a chart of baseball players' salaries and statistics from 2016. Player Name RBI's HR's Salary (in millions) Adrian Beltre 104 32 18.000 Justin Smoak 34 14 3.900 Jean Segura 64 20 2.600 Justin Upton 87 31 22.125 Brandon Crawford 84 12 6.000 Curtis Granderson 59 30 16.000 Aaron Hill 38 10 12.000 Miquel Cabrera 108 38 28.050 Adrian Gonzalez 90 18 21.857 Jacoby Ellsbury 56 9 21.143 Mark Teixeira 44 15 23.125 Albert Pujols 119 31 25.000 Matt Wieters 66 17 15.800 Logan…arrow_forwardA regression was run to determine if there is a relationship between the happiness index (y) and lifeexpectancy in years of a given country (x). The results of the regression were: y^=a+bx ; a=-0.423 ,b=0.07 a. Write the equation of the Least Squares Regression line.b. Find the value for the correlation coefficient, r?c. If a country increases its life expectancy, the happiness index will Increase or decrease ( circleone)d. If the life expectancy is increased by 1 year in a certain country, how much will the happinessindex change? Round to two decimal places.e. Use the regression line to predict the happiness index of a country with a life expectancy of 85years. Round to two decimal places.-arrow_forward
- We wish to predict the salary for baseball players (yy) using the variables RBI (x1x1) and HR (x2x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. The following is a chart of baseball players' salaries and statistics from 2016. Player Name RBI's HR's Salary (in millions) Miquel Cabrera 108 38 28.050 Yoenis Cespedes 86 31 27.500 Ryan Howard 59 25 25.000 Albert Pujols 119 31 25.000 Robinson Cano 103 39 24.050 Mark Teixeira 44 15 23.125 Joe Mauer 49 11 23.000 Hanley Ramirez 111 30 22.750 Justin Upton 87 31 22.125 Adrian Gonzalez 90 18 21.857 Jason Heyward 49 7 21.667 Jayson Werth 70 21 21.571 Matt Kemp 108 35 21.500…arrow_forwardWe wish to predict the salary for baseball players (yy) using the variables RBI (x1x1) and HR (x2x2), then we use a regression equation of the form ˆy=b0+b1x1+b2x2y^=b0+b1x1+b2x2. HR - Home runs - hits on which the batter successfully touched all four bases, without the contribution of a fielding error. RBI - Run batted in - number of runners who scored due to a batters's action, except when batter grounded into double play or reached on an error Salary is in millions of dollars. RBI's HR's Salary (in millions) 108 38 28.050 86 31 27.500 59 25 25.000 119 31 25.000 103 39 24.050 44 15 23.125 49 11 23.000 111 30 22.750 87 31 22.125 90 18 21.857 49 7 21.667 70 21 21.571 108 35 21.500 56 9 21.143 84 38 21.119 80 14 20.802 17 7 20.000 79 24 20.000 91 31 20.000 97 29 20.000 57 13 18.500 44 8 18.000 104 32 18.000 86 27 18.000 100 25 17.454 62 20 17.000 58 20 17.000 100 29 16.083 127 38 16.000 83 29 16.000 59 30 16.000 54…arrow_forwardA frequent flyer was interested in the relationship between dollars spent on flying and the distance flown. She sampled 20 frequent flyers of a certain airline. She collected the number of miles flown in the previous year and the total amount of money the flyer spent. A regression line of distance flown on money spent was fit to the data: \hat y = 24000 + 10xy^=24000+10x. A person who spent $1000 is predicted to have flown:arrow_forward
- 7arrow_forwardThe regression line for (-3,4), (-2,3),(-1,3),(0,7),(1,5),(2,6),(3,1)arrow_forwardSuppose a researcher, using wage data on 200 randomly selected maleworkers and 240 female workers, estimates the OLS regression ''Wage'' = 10.73 + 1.78 X Male, R2 = 0.09, SER = 3.8, (0.16) (0.29)where Wage is measured in dollars per hour and Male is a binary variablethat is equal to 1 if the person is a male and 0 if the person is a female.Define the wage-gender gap as the difference in mean earnings betweenmen and women.a. What is the estimated gender gap?b. Is the estimated gender gap significantly different from 0? (Computethe p-value for testing the null hypothesis that there is no gender gap.)c. Construct a 95% confidence interval for the gender gap.d. In the sample, what is the mean wage of women? What is the meanwage of men?e. Another researcher uses these same data but regresses Wages on Female, a variable that is equal to 1 if the person is female and 0 if the person is male. What are the regression estimates calculated from this regression?"Wage" =______ +________ X Female,…arrow_forward
- A regression was run to determine if there is a relationship between the happiness index (y) and life expectancy in years of a given country (x). yy^=a+bxa=-1.218b=0.171 (b) Which is a possible value for the correlation coefficient, r? (c) If a country increases its life expectancy, the happiness index will increase or decrease ? (d) If the life expectancy is increased by 5 years in a certain country, how much will the happiness index change? Round to two decimal places. (e) Use the regression line to predict the happiness index of a country with a life expectancy of 59 years. Round to two decimal places.arrow_forwardThe equation of the regression line between two variables x (independent variable) and y (dependent variable) is given by y^=−3x+2; and the correlation coefficient is r=−.95. The possible x-values range from 1 to 10. Based on the given r, which of the following conclusions may be made? x and y are moderately correlated, and y tends to increase as x is increased. x and y are strongly correlated, and y tends to increase as x is increased. x and y are very weakly correlated. x and y are strongly correlated, and y tends to increase as x is decreased. There is no way to tell the relationship between x and y.arrow_forwardFor the linear regression model Y = bo + b1(X): The p-value for the intercept is large: about 0.98 The p-value for the slope is very small: less than 2 times 10^(-16) What can we conclude? Since the p-value for the intercept is large, we can conclude that there is not a strong correlation between X and Y. Since the p-value for the intercept is large, we can conclude that there is a very strong correlation between X and Y. Since the p-value for the slope is very small, we can conclude that there is a very weak correlation between X and Y. Since the p-value for the slope is very small, we can conclude that there is a very strong correlation between X and Y. We are not able to assess the strength of the correlation between X and Y with the output provided.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman