Suppose we have a data set with five features, X1 = GPA, X2 = IQ, X3 = Level (1 for College and 0 for High School), X4 = product between GPA and IQ, and X5 = product between GPA and Level. We want to predict student's starting salary after graduation (in thousands of dollars). Suppose we use least squares to fit a linear regression model, and estimate the parameters of the model as follows: \beta 0= 50; \beta 1 = b. Explain the effect of the low values of \ beta 2 and \beta 4 comparing to the high absolute values of \beta 1, \beta 3, and \beta 5. 20; \beta 2 = 0.07; \beta 3 = 35; \beta 4 = 0.01;

Heights (in centimeters) and weights (in kilograms) of 7 supermodels are given below. Find the regression equation, letting the first variable be the independent (x) variable, and predict the weight of a supermodel who is 171 cm tall.   \begin{array}{c|ccccccc} \mbox{Height} & 174 & 166 & 176 & 176 & 178 & 172 & 172 \cr \hline \mbox{Weight} & 55 & 47 & 55 & 56 & 58 & 52 & 53 \cr \end{array} The regression equation is \hat{y} =   +   x . The best predicted weight of a supermodel who is 171 cm tall is

Might we be able to predict life expectancies from birthrates? Below are bivariate data giving birthrate and life expectancy information for each of twelve countries. For each of the countries, both x, the number of births per one thousand people in the population, and y, the female life expectancy (in years), are given. Also shown are the scatter plot for the data and the least-squares regression line. The equation for this line is y= 82.15 – 0.47x. 00 Birthrate, x Female life expectancy, y (in years) (number of births per 1000 people) 40.4 65.2 85- 50.4 59.0 80+ 18.4 71.6 75- 26.5 69.9 70 32.0 64.5 65- 51.7 52.9 60- 34.4 67.2 14.6 75.9 50.1 45.8 59.2 49.9 62.1 Birthrate 73.7 26.2 (number of births per 1000 people) 73.7 14.4 Save For Later Submit Assignment Check 2 Accessibility O 2022 McGraw Hill LLC AN Rights Reserved. Terms of Use / Privacy Center DO 80 DIl 110 17 Da SO FA F4 esc F2 & delete %24 % 8 %23 6 7 3 4 7. U T K LA G S D Female life expectancy (in years)

What are the different ways to reduce the error in least square regression?

Explain about the least square regression line?

Show the best fitted line on scatter diagram and Find the predicted value for each y using the exposure time and the equation obtained in part b (b. Find the equation of regression line between radiation doses on exposure time .usingleast square method)

The marketing manager wants to estimate the effect of the MBA program on Salary controlling for the other factors. Which regression model is the MOST appropriate? Oa. Salary = B_0+B_1 MBA + ε Ob. Salary = 3_0+ B_1 MBA + B_2 Work + e c. Salary = B_0+B_1 MBA+B_2 Work + B_3 Age +8 Od. Salary = B_0+ B_1 MBA + B_2 Work + B_3 Age +B_4 Gender + ε

A 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:

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 the linear regression line is:   ˆyy^ = + xx   (Please show your answers to two decimal places)   Use the model to predict the amount of money spent by a customer who spends 20 minutes at the store.Dollars spent = (Please round your answer to the nearest whole number.)

We 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…