Chapter 17: Problem 687
Find the \(\mathrm{z}_{\mathrm{f}}\) that corresponds to \(\mathrm{r}=-.26\).
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Chapter 17: Problem 687
Find the \(\mathrm{z}_{\mathrm{f}}\) that corresponds to \(\mathrm{r}=-.26\).
These are the key concepts you need to understand to accurately answer the question.
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Graph the pairs of points below. Find the least squares regression line and the standard error of estimate. How many values of \(\mathrm{Y}\) are within 1 standard deviation or standard error from the regression \begin{tabular}{|c|c|c|c|c|} \hline \(\mathrm{X}\) & 9 & 6 & 8 & 5 \\ \hline \(\mathrm{Y}\) & 5 & 3 & 5 & 3 \\ \hline \end{tabular}
Plot the following points. \begin{tabular}{|l|r|r|l|l|r|} \hline \(\mathrm{X}\) & \(-1\) & \(-2\) & 0 & 1 & \(1.5\) \\ \hline \(\mathrm{Y}\) & 1 & 3 & 1 & 2 & 4 \\ \hline \end{tabular} Use linear regression to estimate the relationship \(\mathrm{Y}=\alpha+\beta \mathrm{X}\). Compute \(\mathrm{r}^{2}\). How well does the least squares equation "fit" the data? Now transform each \(\mathrm{X}\) by squaring. Use linear regression to estimate the relationship between \(\mathrm{Y}\) and \(\mathrm{X}^{2}\). What is \(\mathrm{r}^{2}\) for this new regression.
From a sample of 103 cases, \(r=.80\). (a) Establish the 95 percent confidence interval for the correlation coefficient. (b) Test the hypothesis that \(\rho=.90\).
A data set relates proportional limit and tensile strength in certain alloys of gold collected for presentation at a Dentistry Convention. (Proportional limit is the load in psi at which the elongation of a sample no longer obeys Hooke's Law.) Let \(\left(\mathrm{X}_{i}, \mathrm{Y}_{\mathrm{i}}\right)\) be an observed ordered pair consisting of \(\mathrm{X}_{\mathrm{i}}\), an observed tensile strength, and \(\mathrm{Y}_{\mathrm{i}}\) an observed proportional limit, each measured in pounds per square inch (psi). After 25 observations of this sort the following summary statistics are: $$ \begin{array}{ll} \dot{\sum} \mathrm{X}_{\mathrm{i}}=2,991,300, & \underline{\mathrm{X}}=119,652 \\\ \sum \mathrm{X}_{\mathrm{i}}^{2}=372,419,750,000 . & \\ \sum \mathrm{Y}_{\mathrm{i}}=2,131,200, & \underline{\mathrm{Y}}=85,248 \\ \sum \mathrm{Y}_{\mathrm{i}}^{2}=196,195,960,000 & \\ \sum \mathrm{X}_{\mathrm{i}} \mathrm{Y}_{\mathrm{i}}=269,069,420,000 & \end{array} $$ Compute the regression coefficients relating proportional limit and tensile strength.
There is a complex system of relationships in the business world. As an example, the number of new movies which appear in the course of a week has an appreciable effect on the weekly change in the Dow-Jones Industrial Average." This is the opinion of a certain armchair economist. This fellow hires you as a consultant and expects you to test his theory. In the first 5 weeks you observe the following: \begin{tabular}{|c|c|c|c|c|c|} \hline \(\mathrm{X}\), number of new movies & 1 & 2 & 4 & 5 & 5 \\ \hline Y, change in Dow-Jones Industrial Average & \(-2\) & 4 & \(-5\) & 7 & \(-8\) \\\ \hline \end{tabular} What is the correlation between \(\mathrm{X}\) and \(\mathrm{Y}\) ? What implications does this have for the theory?
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