MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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what is the best-predicted weight for a bear with 43 inches, and What is the regression equation?
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- Can you please tell also the test statistics and if the weight is close to 518 pounds?arrow_forwardWhat is basic regression? What is multiple regression? How do they both relate to Data Mining?arrow_forwarda) what is the regression equation? b) what is the predicted weight of the bear? c) is the result close to the actual weight of 528 pounds?arrow_forward
- Please help asaparrow_forwardUse the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 30 minutes. How does the result compare to the actual tip amount of $4.70? Use a significance level of 0.05. Distance 1.80 12.71 1.32 Time 1.65 8.51 1.40 1.02 2.47 Fare Tip 25.00 27.00 8.00 16.30 36.80 7.80 9.80 31.75 12.30 1.50 0.00 0.00 1.96 2.98 2.46 11.00 31.00 18.00 8.00 18.00 7.80 14.30 2.34 4.29 The regression equation is ŷ =+ (x. (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.)arrow_forwardWhy was the variable “# of customer service representatives” dropped from the model? Write the regression equation. Sales of men’s clothing (predicted) = Are the regression coefficients significantly different from 0? If one mails 10,000 catalogs and has 15 phone lines open, what would the predicted sales of men’s clothing be? How would you interpret the regression coefficient for number of catalogs mailed? What is the final R2 of the model? How would you interpret this? Which of the two independent variables is the most important predictor of the dependent variable? Why?arrow_forward
- You do a survey where you ask people both their age and their income. You want to see if there is a relationship between these two variables, and you want to create an equation you can use to predict someone’s age from his/her income. What kind of hypothesis test or analysis should you do?a. One-Factor, Independent-Measures ANOVAb. Two-Factor ANOVAc. Correlation/Regressiond. Chi-Square Goodness of Fitarrow_forwardI need help with this last part of this exercise.arrow_forwardIncrease 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)…arrow_forward
- Explain why the interpretation of the regression coefficients is difficult when the predictor variables are highly intercorrelated.arrow_forwardWhat is the null hypothesis to test the significance of the slope in a regression equation? Multiple Choice Ho:B 20 Ho: Bs0 O Ho: B = 0 Ho: B 0arrow_forwardFor a two-variable linear regression, if the sample correlation between the depen- dent and independent variables is –0.7, then the independent variable explains 49% of the variation in the dependent variable. Is this statement true? Explain your answer.arrow_forward
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