/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Q.4.5 a. Find the regression equation ... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

a. Find the regression equation for the data points, use the defining formulas in definition 4.4 to obtain sxxandsxy

b. Graph the regression equation and the data points

Short Answer

Expert verified

(a)y^=1+2x

(b)

Step by step solution

01

Part(a) Step 1:Given Information   

The given data is :

We have to determine the regression equation

02

Part (a) Step 2: Explanation  

The regression equation is :

y^=b0+b1x

where,

b0=sxysxx

b1=y-b1x

The table can be obtained as:

x¯=∑xn=2

y=∑yn=5

sxx=10

sxy=20

Therefore,

b1=2

b0=1

Therefore, the regression equation will be

y^=b0+b1x=1+2x

03

Part (b) Step 1 :Given Information  

The given data is:

We have to determine the graph of regression equation and data

04

Part (b) Step 2: Explanation   

The regression equation and data points can be drawn on graph as:

Thus, the regression equation will be:y^=1.00+2.00x

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with 91Ó°ÊÓ!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

The coefficient of determination of a set of data points is 0.70yand the slope of the regression line is -3.58. Determine the linear correlation coefficient of the data.

Graduation Rates. Graduation rate-the percentage of entering freshmen attending full time and graduating within 5 years and what influences it is a concern in U.S. colleges and universities.

US News and World Report's "College Guide" provides data on graduation rates for colleges and universities as a function of the per centage of freshmen in the top 10% of their high school class, total spending per student, and student-to-faculty ratio. A random sample of 10 universities gave the following data on student-to-faculty ratio (S/F ratio) and graduation rate (Grad rate).

a. Draw a scatterplot of the data.

b. Is finding a regression line for the data reasonable? Explain your answer.

c. Determine the regression equation for the data, and draw its graph

on the scatterplot you drew in part (a).

d. Describe the apparent relationship between student-to-faculty

ratio and graduation rate.

e. What does the slope of the regression line represent in terms of student-to-faculty ratio and graduation rate?

f. Use the regression equation to predict the graduation rate of a university having a student-to-faculty ratio of 17.

g. Identify outliers and potential influential observations

Corvette Prices. The Kelley Blue Book provides information on wholesale and retail prices of cars. Following are age and price data for 10 randomly selected Corvettes between 1 and 6 years old.

Here, xdenotes age, in years, and ydenotes price, in hundreds of dollars. For part (g). predict the prices of a 2 -year-old Corvette and a 3-year-old Corvette.

  1. find the regression equation for the data points.
  2. graph the regression equation and the data points.
  3. describe the apparent relationship between the two variables under consideration.
  4. interpret the slope of the regression line.
  5. identify the predictor and response variables.
  6. identify outliers and potential influential observations.
  7. predict the values of the response variable for the specified values of the predictor variable, and interpret your results.

For which of the following sets of data points can you reasonably determine a regression line? Explain your answer.

Age and Price of Orions. In Table 4.2, we provided data on age and price for a sample of 11Orions between 2and 7years old. On the Weiss Stats site, we have given the ages and prices for a sample of 31Orions between 1and 11years old.

a. Obtain a scatterplot for the data.

b. Is it reasonable to find a regression line for the data? Explain your answer.

See all solutions

Recommended explanations on Math Textbooks

View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.