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4.55 The data points in Exercise 4.43

a. find the regression equation for the data points. Use the defining formations in Definition 4.4to obtain Sxxand Sxy

b. Graph the regression connection and the data points.

Short Answer

Expert verified

(a) The regression equation is y^=1+2x,

(b) The graph will be

Step by step solution

01

Part (a) Step 1: Given information

The data points in Exercise 4.43 is:

x
1
2
3
y
4
3
8
02

Part (a) Step 2: Explanation

The terms b0and b1are used to create the regression equation. For a set ofn data points, the regression equation is:
y^=b0+b1x
where,
b1=SxySxxb0=1n∑yi−b1∑xib0=y¯−b1x¯

The table is available in the following formats:

x
y
∑xi−x¯
∑xi−x¯2
(yi-y)
xi−x¯(yi-y)
1
4
-1
1
-1
1
2
3
0
0
-2
0
3
8
1
1
3
3
x=2
y=5

∑xi−x¯2=2

∑xi−x¯(yi-y)=4

Hence, Sxx=2, and Sxy=4.

03

Part (a) Step 3: Claculation

Since,

b1=SxySxxb1=42b1=2

Then,

b0=y¯−b1x¯b0=5-(2)2b0=5-4b0=1

As a result, the regression equation will be as follows:

y^=b0+b1xy^=1+(2)xy^=1+2x

04

Part (b) Step 1: Given information

Given in the question that

05

Part (b) Step 2: Graphical representation

The graph for the regression equation y^=1+2xis

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Most popular questions from this chapter

More Money, More Beer?Does a higher state per capita income equate to a higher per capita beer consumption? From the document Survey of Current Business, published by the U.S. Bureau of Economic Analysis, and from the Brewer's Almanac, published by the Beer Institute, we obtained data on personal income per capita, in thousands of dollars, and per capita beer consumption, in gallons, for the 50states and Washington. D.C. Those data are provided on the Weiss Stats site.

a. Obtain a scatterplot for the data.

b. Decide whether finding a regression line for the data is reasonable. If so, then also do parts (c)-(f).

In Exercise 4.6, we give linear equations. For each equation,

a. find the y-intercept and slope.

b. determine whether the line slopes upward, slopes downward, or is horizontal, without graphing the equation.

c. use two points to graph the equation.

Given equation is,

y=2x-1

The y-intercept of a line has no effect on the steepness of the line.

10. The line that best fits a set of data points according to the least-squares criterion is called the________line.

Tine Series. A collection of observations of a variable y taken at regular intervals over time is called a time series. Bocoomsic data and electrical signals are examples of time series. We can think of a time series as providing data points x1+y2where x0is the ith observation time and yiis the observed value of y at time xi. If a time series exhibits a linear trend, we can find that trend by determining the regression equation for the data points. We can then use the regression equation for forecasting purposes.

As an illustration, consider the data on the WeissStats site that shows the U.S. population, in millions of persons, for the years 1900 2013. as provided by the I.S. Census Beret.

a. Use the technology of your choice to lesbian a scatterplot of the data.

h. Use the technology of your choice to find the regression equation.

6. Use your result from part (b) to forecast the U.S. population for the years 2014 and 2015 .

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