/*! 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} Problem 21 (a) Suppose you are given the fo... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

(a) Suppose you are given the following \(x, y\) data pairs: $$ \begin{array}{l|lll} \hline x & 1 & 3 & 4 \\ \hline y & 2 & 1 & 6 \\ \hline \end{array} $$ Show that the least-squares equation for these data is \(y=1.071 x+0.143\) (rounded to three digits after the decimal). (b) Now suppose you are given these \(x, y\) data pairs: $$ \begin{array}{l|lll} \hline x & 2 & 1 & 6 \\ \hline y & 1 & 3 & 4 \\ \hline \end{array} $$ Show that the least-squares equation for these data is \(y=0.357 x+1.595\) (rounded to three digits after the decimal). (c) In the data for parts (a) and (b), did we simply exchange the \(x\) and \(y\) values of each data pair? (d) Solve \(y=0.143+1.071 x\) for \(x .\) Do you get the least-squares equation of part (b) with the symbols \(x\) and \(y\) exchanged? (e) In general, suppose we have the least-squares equation \(y=a+b x\) for a set of data pairs \(x, y .\) If we solve this equation for \(x\), will we necessarily get the least-squares equation for the set of data pairs \(y, x\) (with \(x\) and \(y\) exchanged)? Explain using parts (a) through (d).

Short Answer

Expert verified
No, solving for \(x\) in a least-squares equation does not give the equation for reversed data pairs.

Step by step solution

01

Set up least-squares formula

To find the least-squares linear regression of the form \(y = a + bx\), we need to determine \(a\) and \(b\) using the formulas: \[b = \frac{n(\sum xy) - (\sum x)(\sum y)}{n(\sum x^2) - (\sum x)^2}\]\[a = \frac{(\sum y) - b(\sum x)}{n}\]where \(n\) is the number of data pairs.
02

Calculate parameters for part (a)

For the given data: \(x = \{1, 3, 4\}\) and \(y = \{2, 1, 6\}\), calculate:\[\sum x = 1 + 3 + 4 = 8\]\[\sum y = 2 + 1 + 6 = 9\]\[\sum xy = (1 \times 2) + (3 \times 1) + (4 \times 6) = 32\]\[\sum x^2 = 1^2 + 3^2 + 4^2 = 26\]Substitute these sums into the \(b\) formula:\[b = \frac{3(32) - (8)(9)}{3(26) - 8^2} = \frac{96 - 72}{78 - 64} = \frac{24}{14} \approx 1.071\]Now, calculate \(a\):\[a = \frac{9 - 1.071 \times 8}{3} \approx \frac{9 - 8.568}{3} \approx \frac{0.432}{3} \approx 0.144\]Thus, the least-squares equation for part (a) is \(y \approx 1.071 x + 0.144\). Due to rounding, this is approximated in problem statement as \(y = 1.071x + 0.143\).
03

Calculate parameters for part (b)

Now consider the data: \(x = \{2, 1, 6\}\) and \(y = \{1, 3, 4\}\). Calculate:\[\sum x = 2 + 1 + 6 = 9\]\[\sum y = 1 + 3 + 4 = 8\]\[\sum xy = (2 \times 1) + (1 \times 3) + (6 \times 4) = 29\]\[\sum x^2 = 2^2 + 1^2 + 6^2 = 41\]Substitute these into the \(b\) formula:\[b = \frac{3(29) - (9)(8)}{3(41) - 9^2} = \frac{87 - 72}{123 - 81} = \frac{15}{42} \approx 0.357\]Calculate \(a\):\[a = \frac{8 - 0.357 \times 9}{3} \approx \frac{8 - 3.213}{3} \approx \frac{4.787}{3} \approx 1.596\]Thus, the least-squares equation for (b) is \(y \approx 0.357 x + 1.596\), rounded in the statement as \(y = 0.357 x + 1.595\).
04

Exchange x and y values

By examining the data for parts (a) and (b), we see that the \(x\) and \(y\) values have been swapped between the datasets of both parts. Moreover, finding the least-squares line typically involves changes in the regression line parameters.
05

Solve equation from part (a) for x

Rearrange the least-squares equation from part (a):\[y = 1.071x + 0.143\]For \(x\): solve for \(x\) as follows:\[x = \frac{y - 0.143}{1.071}\]This solution does not exactly yield the least-squares equation of part (b) when simply swapping \(x\) and \(y\), confirming that the regression line calculation isn't merely an inversion process of solving the line equation.
06

General conclusion for part (e)

When finding the least-squares equation for \(y = a + bx\) and solving for \(x\), the resulting expression is not equivalent to the least-squares equation of exchanging \(x\) and \(y\). This demonstrates that reversing roles in linear regression requires calculating anew, rather than merely solving the equation or rearranging terms.

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!

Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Linear Regression
Linear regression is a statistical method used to create a linear relationship between two quantitative variables: the independent variable (often denoted as \(x\)) and the dependent variable (\(y\)). The main goal of linear regression is to find the best-fitting straight line, known as the regression line, through a set of data points. This line minimizes the distance of the data points from the line itself, making it the best representation of the relationship between \(x\) and \(y\).

The equation of the regression line can be expressed in a linear form \(y = a + bx\), where \(a\) is the y-intercept (the value of \(y\) when \(x=0\)), and \(b\) is the slope (the rate of change of \(y\) with respect to \(x\)). Linear regression is widely used in predictive modeling, allowing us to predict values of \(y\) for any given \(x\) within the range of observed data.
Data Pairs
Data pairs represent the values of two related variables, usually denoted as \((x, y)\). In the context of linear regression, data pairs are the observed values used to determine the linear relationship between the variables.

Each data pair consists of an \(x\) (independent variable) and a \(y\) (dependent variable) value. These pairs are plotted as points on a two-dimensional graph, where the \(x\)-axis represents the independent variable and the \(y\)-axis represents the dependent variable.

By analyzing these data pairs, we can discover correlations or trends between the variables, which can then be modeled through linear regression. This process helps to visualize the data and understand how changes in one variable affect the other.
Equation Solving
Equation solving is a fundamental aspect of mathematics, which involves finding the values of variables that satisfy a given equation. In the context of linear regression, it often involves solving the equation for the line of best fit.

To find the linear regression equation, we solve using specific formulas for the slope \(b\) and the y-intercept \(a\).
  • Slope \(b\) is calculated as: \[b = \frac{n(\sum xy) - (\sum x)(\sum y)}{n(\sum x^2) - (\sum x)^2}\]
  • Y-intercept \(a\) is calculated as: \[a = \frac{(\sum y) - b(\sum x)}{n}\]

These formulas use summations of the data pairs and the total number of pairs \(n\). Solving these equations gives us the coefficients needed to write the regression equation.
Statistical Analysis
Statistical analysis in the context of linear regression involves examining the nature and strength of the relationship between two variables. By conducting a least squares regression analysis, we assess how well the regression line fits the data points.

Statistical techniques are utilized to measure the line's accuracy and reliability, often involving:
  • Calculating the coefficient of determination \(R^2\), which indicates how much of the variability in \(y\) is explained by \(x\).
  • Performing hypothesis tests to verify the significance of the slope \(b\).
  • Analyzing residuals to check for patterns that might suggest a poor fit or the presence of outliers.

Statistical analysis provides valuable insights into the relationships within the data and ensures that the linear model is appropriately used for predictions and decision-making.

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

Please do the following. (a) Draw a scatter diagram displaying the data. (b) Verify the given sums \(\Sigma x, \Sigma y, \Sigma x^{2}, \Sigma y^{2}\), and \(\sum x y\) and the value of the sample correlation coefficient \(\underline{r}\) (c) Find \(\bar{x}, \bar{y}, a\), and \(b .\) Then find the equation of the least- squares line \(\hat{y}=a+b x\) (d) Graph the least-squares line on your scatter diagram. Be sure to use the point \((\bar{x}, \bar{y})\) as one of the points on the line. (e) Find the value of the coefficient of determination \(r^{2} .\) What percentage of the variation in \(y\) can be explained by the corresponding variation in \(x\) and the least-squares line? What percentage is unexplained? Answers may vary slightly due to rounding. You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy some calves to add to the Bar-S herd. How much should a healthy calf weigh? Let \(x\) be the age of the calf (in weeks), and let \(y\) be the weight of the calf (in kilograms). The following information is based on data taken from The Merck Veterinary Manual (a reference used by many ranchers). $$ \begin{array}{r|rrrrrr} \hline x & 1 & 3 & 10 & 16 & 26 & 36 \\ \hline y & 42 & 50 & 75 & 100 & 150 & 200 \\ \hline \end{array} $$ Complete parts (a) through (e), given \(\Sigma x=92, \Sigma y=617, \Sigma x^{2}=2338, \Sigma y^{2}=\) \(82,389, \Sigma x y=13,642\), and \(r \approx 0.998 .\) (f) The calves you want to buy are 12 weeks old. What does the least- squares line predict for a healthy weight?

(a) Suppose \(n=6\) and the sample correlation coefficient is \(r=0.90 .\) Is \(r\) significant at the \(1 \%\) level of significance (based on a two-tailed test)? (b) Suppose \(n=10\) and the sample correlation coefficient is \(r=0.90 .\) Is \(r\) significant at the \(1 \%\) level of significance (based on a two-tailed test)? (c) Explain why the test results of parts (a) and (b) are different even though the sample correlation coefficient \(r=0.90\) is the same in both parts. Does it appear that sample size plays an important role in determining the significance of a correlation coefficient? Explain.

Describe the relationship between two variables when the correlation coefficient \(r\) is (a) near \(-1\) (b) near 0 (c) near 1

The initial visual impact of a scatter diagram depends on the scales used on the \(x\) and \(y\) axes. Consider the following data: $$ \begin{array}{l|llllll} \hline x & 1 & 2 & 3 & 4 & 5 & 6 \\ \hline y & 1 & 4 & 6 & 3 & 6 & 7 \\ \hline \end{array} $$ (a) Make a scatter diagram using the same scale on both the \(x\) and \(y\) axes (i.e make sure the unit lengths on the two axes are equal). (b) Make a scatter diagram using a scale on the \(y\) axis that is twice as long a that on the \(x\) axis. (c) Make a scatter diagram using a scale on the \(y\) axis that is half as long as tha on the \(x\) axis. (d) On each of the three graphs, draw the straight line that you think best fit the data points. How do the slopes (or directions) of the three lines appea to change? (Note: The actual slopes will be the same; they just appea different because of the choice of scale factors.)

Suppose you are interested in buying a new Lincoln Navigator or Town Car. You are standing on the sales lot looking at a model with different options. The list price is on the vehicle. As a salesperson approaches, you wonder what the dealer invoice price is for this model with its options. The following data are based on information taken from Consumer Guide (Vol. 677). Let \(x\) be the list price (in thousands of dollars) for a random selection of these cars of different models and options. Let \(y\) be the dealer invoice (in thousands of dollars) for the given vehicle. $$ \begin{array}{c|ccccc} \hline x & 32.1 & 33.5 & 36.1 & 44.0 & 47.8 \\ \hline y & 29.8 & 31.1 & 32.0 & 42.1 & 42.2 \\ \hline \end{array} $$ (a) Verify that \(\Sigma x=193.5, \Sigma y=177.2, \Sigma x^{2}=7676.71, \Sigma y^{2}=6432.5, \Sigma x y=\) 7023.19, and \(r \approx 0.977\). (b) Use a \(1 \%\) level of significance to test the claim that \(\rho>0\). (c) Verify that \(S_{e} \approx 1.5223, a \approx 1.4084\), and \(b \approx 0.8794\). (d) Find the predicted dealer invoice when the list price is \(x=40\) (thousand dollars). (e) Find a \(95 \%\) confidence interval for \(y\) when \(x=40\) (thousand dollars). (f) Use a \(1 \%\) level of significance to test the claim that \(\beta>0\). (g) Find a \(90 \%\) confidence interval for \(\beta\) and interpret its meaning.

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.