Fundamentals of Statistics (5th Edition)

5th Edition

ISBN: 9780134508306

Author: Michael Sullivan III

Publisher: PEARSON

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Correlation

Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

Linear Correlation

A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.

Regression Analysis

Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…

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Textbook Question

Chapter 12.3, Problem 1AYU

Suppose a least-squares regression line is given by y ^ = 4.302 x − 3.293 . What is the mean value of the response variable if x = 20?

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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Chapter 12.2, Problem 24AYU

Chapter 12.3, Problem 2AYU

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A 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.-

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Identify two different conditions under which the regression line should not be used to make predictions.

Chapter 12 Solutions

Fundamentals of Statistics (5th Edition)

Ch. 12.1 - True or False: The shape of the chi-square...Ch. 12.1 - A _____ test is an inferential procedure used to...Ch. 12.1 - Suppose there are n independent trials of an...Ch. 12.1 - What are the two requirements that must be...Ch. 12.1 - In Problems 5 and 6, determine the expected counts...Ch. 12.1 - In Problems 5 and 6, determine the expected counts...Ch. 12.1 - Prob. 7AYU Ch. 12.1 - Prob. 8AYU Ch. 12.1 - In Problems 710, determine (a) the 2 test...Ch. 12.1 - In Problems 710, determine (a) the 2 test...

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Suppose a least-squares regression line is given by y ^ = 4.302 x − 3.293 . What is the mean value of the response variable if x = 20?

Solution Summary: The author explains that the mean value of the response variable if x=20 is 82.7.

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Chapter 12 Solutions