What is the slope of the linear regression prediction equation if a person with 12 years of schooling earns $31,000 per year and a person with 13 years of schooling earns $32,500 per year?     a. 1     b. 12     c. 13     d. 1,500

What is the relationship between the amount of time statistics students study per week and their final exam scores? The results of the survey are shown below. Time Score 3 4 73 16 2 15 10 3 95 61 67 67 88 90 75 a. Find the correlation coefficient: r = b. The null and alternative hypotheses for correlation are: Hg: ?v = 0 H: ?v + 0 Round to 2 decimal places. The p-value is: (Round to four decimal places) c. Use a level of significance of a = 0.05 to state the conclusion of the hypothesis test in the context of the study. O There is statistically insignificant evidence to conclude that a student who spends more time studying will score higher on the final exam than a student who spends less time studying. O There is statistically significant evidence to conclude that there is a correlation between the time spent studying and the score on the final exam. Thus, the regression line is useful. O There is statistically insignificant evidence to conclude that there is a correlation between the…

4 The estimated regression equation predicts that for each additional $1,000 income life insurance policy will rise by _______ ($1,000)   a 3.056                 b 3.820                 c 4.774

A professor in the School of Business in a university polled a dozen colleagues about the number of professional meetings they attended in the past five years (x) and the number of papers they submitted to refereed journals (y) during the same period. The summary data are provided. Fit a simple linear regression model between x and y by finding out the estimates of intercept and slope. Comment on whether attending more professional meetings would result in publishing more papers. n n n = 12, x = 4, y = 12, X₁Y₁ = 320 i=1 x² = 234, i=1 The estimated regression line is y = 36.4 + (-6.10 )x. (Round to two decimal places as needed.) Comment on whether attending more professional meetings would result in publishing more papers. Let it be unclear that attending more professional meetings affects the number of published papers if the value used to make that determination is between 1 and 1. Because the of the regression equation is it would appear that attending more professional meetings ▼