Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Study the following Minitab output from a regression analysis to predict y from x.

a. What is the equation of the regression model?

b. What is the meaning of the coefficient of x?

c. What is the result of the test of the slope of the regression model? Let α = .10.Why is the t ratio negative?

d. Comment on r2 and the standard error of the estimate.

e. Comment on the relationship of the F value to the t ratio for x.

f. The correlation coefficient for these two variables is -.7918. Is this result surprising to you? Why or why not?

Regression Analysis: Y versus X

The regression equation is

Y = 67.2 - 0.0565 X

Predictor

Coef

SE Coef

T

p

Constant

67.231

5.046

13.32

0.000

X

-0.05650

0.01027

- 5.50

0.000

 

S = 10.32

R-Sq = 62.7%

R-Sq(adj) = 60.6%

Analysis of Variance

Source

DF

SS

MS

F

P

Regression

1

3222.9

3222.9

30.25

0.000

Residual Error

18

1918.0

106.6

 

 

Total

19

5141.0


Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9958326
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A factory makes parts for laptop computers including screws

A factory makes parts for laptop computers, including screws. The screws are required to have the right length. The lengths of the screws obey a normal distribution with mean μ=4.25 millimeters and standard deviation σ=0 ...

A population has a mean of 400 and a standard deviation of

A population has a mean of 400 and a standard deviation of 50. Suppose a sample of size 125 is selected and is used to estimate . Use z-table. 1) What is the probability that the sample mean will be within +/- 6 of the p ...

Based on college data scores on a certain test can be seen

Based on college data, scores on a certain test can be seen as normally distributed that can show the mean of 1524 and a standard deviation of 318. What percentage of scores are greater than 1842 and if needed round to t ...

Suppose that 1 of the employees of a certain company use

Suppose that 1% of the employees of a certain company use illegal drugs. This company performs random drug tests that return positive results 99% of the time if the person is a drug use. However, it also has a 2% false p ...

Suppose that a fair 6 sided die is rolled let x indicate

Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled and X = 0 otherwise). Let Y indicate the event that 2, 3, or 4 is rolled ...

Letnbspnmnbspv denote the normal random variable with

Let  N ( m ,  v ) denote the normal random variable with mean  m  and  variance   v . (a) If  X  is a  Standard Normal  variable, what is the distribution of the random variable 4 X  - 1? (b) If  X  ~  N (3,1) and  Y  ~  ...

The following frequency table summarizes the distances in

The following frequency table summarizes the distances in miles of 100 patients from a regional hospital. Distance Frequency 0-2 30 2-4 35 4-6 20 6-8 10 8-10 5 Calculate the sample variance and standard deviation for thi ...

What is marketing discipline what is most peoples

What is marketing discipline? What is most people's perception of marketing discipline? Name an organization that has done a great job marketing. What did they do to make you feel this way?

Bond x1 is a premium bond with a 12 coupon bond x2 is a 6

Bond X1 is a premium bond with a 12% coupon. Bond X2 is a 6% coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 8%, and have seven years to maturity. (Round off all answers to 2 d ...

Red tide is a bloom of poison-producing algae-a few

"Red tide" is a bloom of poison-producing algae-a few different species of a class of plankton called dinoflagellates. When the weather and water conditions cause these blooms, shellfish such as clams living in the area ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As