Using a sample of recent university graduates, you estimate a simple linear regression using initial annual salary as the dependent variable and the graduate's weighted average mark (WAM) as the explanatory variable. If the regression model has an estimated intercept of 3200 and an estimated slope coefficient of 550, what is the predicted starting salary of a student with a WAM of 75?

Analysis of the relationship between the fuel economy (combinedMPG) and displacement (in liters) for 1262 models of cars produces the regression model combinedMPH = 33.472 - 3.317Displacement. Explain what the slope means.

What does it mean for a regression line to be the "best-fit" line.

Scenario: A medical researcher wishes to see whether there is a relationship between a person's age, cholesterol level, and systolic blood pressure. Eight people are randomly selected. The data is listed in the table. First, find the multiple regression equation. Next, determine the coefficient of determination. Then, use the regression equation to predict a person's blood pressure reading if the person selected is 50 years old with a cholesterol reading of 220. Age Cholesterol level Blood pressure Person 1 38 220 116 Person 2 41 225 120 Person 3 45 200 123 Person 4 48 190 131 Person 5 51 250 142 Person 6 53 215 145 Person 7 57 200 148 Person 8 61 170 150 Discussion Prompts Respond to the following prompts in your initial post: 1. Identify the explanatory variables and response variable for the data. 2. What is the multiple regression equation for the data? 3. What is the coefficient of determination? 4. If a person 50 years old with a cholesterol of 220 is selected, what is that…

A temperature dataset gives y mean April temperature (Fahrenheit) and x = geographic latitude for 20 U.S. cities. The simple linear regression equation for the sample is ŷ = 119 - 1.64x. (a) The value of latitude for a certain city is 41. What is the predicted April temperature for this city? (Round your answer to the nearest tenth.) degrees Fahrenheit (b) The mean April temperature for this city is 48. What is the residual for the city? (Round your answer to the nearest tenth.) degrees Fahrenheit You may need to use the appropriate table in the Appendix of Tables to answer this question.

Using the regression formula with a slope = .704 and an intercept = .719, what would the predicted college GPA be for a student whose current high school GPA = 3.2?

1. Develop a simple linear regression equation for starting salaries using an independent variable that has the closest relationship with the salaries. Explain how you chose this variable.

While attempting to measure its risk exposure for the upcoming year, an insurance company notices a trend between the age of a customer and the number of claims per year. It appears that the number of claims keep going up as customers age. After performing a regression, they find that the relationship is (claims per year) = 0.385*(age) + 5.218. If a customer is 44.315 years old and they make an average of 11.239 claims per year, the residual is -11.04. Interpret this residual in terms of the problem.   Question 10 options:   1)  The number of claims per year is 11.04 claims less than what we would expect.   2)  The age is 11.04 years larger than what we would expect.   3)  The age is 11.04 years less than what we would expect.   4)  The number of claims per year is 11.239 claims less than what we would expect.   5)  The number of claims per year is 11.04 claims…

Increase in sales (percent) An advertising firm wishes to demonstrate to its clients the effectiveness of the advertising campaigns it has conducted. The following bivariate data on twelve recent campaigns, including the cost of each campaign (in millions of dollars) and the resulting percentage increase in sales following the campaign, were presented by the firm. Based on these data, we would compute the least-squares regression line to be y = 6.16+0.18x, with x representing campaign cost and y representing the resulting percentage increase in sales. (This line is shown below, along with a scatter plot of the data.) Increase in sales, y Campaign cost, x (in millions of dollars) (percent) 3.02 6.91 7.2+ 1.92 6.80 3.83 6.85 6.8- 1.40 6.37 6.6 - 3.12 6.42 3.56 6.82 6.4- 4.06 6.94 6.2 1.64 6.56 6- 2.06 6.50 1.62 6.18 1.5 2.5 3.5 6.66 Campaign cost (in millions of dollars) 2.87 2.25 6.61 Send data to calculator Based on the firm's data and the regression line, complete the following. (a)…

The applet displays a scatterplot with the following points: (7,10),(27,35),(24,25),(8,12),(10,19),(15,22). Identify the slope of the regression line, intercept of the regression line, and correlation coefficient. Report your answers accurate to within two decimal places.