Suppose that for a set of numeric data we have the, Ask an Expert

Statistics

Suppose that for a set of numeric data, we have the following sample statistics:

x with bar on top equal 10

y with bar on top equal 89

sx = 36

sy = 123

r = 0.53

What is the estimated slope of the regression line, b1 to two decimal places? Hint: The formulas are given in the handouts in the "Ordinary Least Squares" discussion.

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91006936

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

The manufacturer of a new fertilizer wants to show that the

The manufacturer of a new fertilizer wants to show that the new chemical increases bean yields. The average acre currently yields 146.8 bushels of beans. State the null and alternative hypotheses that the manufacturer wo ...

A potato chip bag filling line is supposed to fill bags

A potato chip bag filling line is supposed to fill bags with 10 ounces of potato chips(by weight). The line exhibits a historical process standard deviation of .8 ounces. If chips bags are filled in lots of 20, make a 95 ...

Suppose you sell a fixed asset for 121000 when its book

Suppose you sell a fixed asset for $121,000 when it's book value is $147,000. If your company's marginal tax rate is 35%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of ...

Consider a machine with exponential reliability model

Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...

The table to the right shows the results of a survey in

The table to the right shows the results of a survey in which 2585 adults from Country A, 1116 adults from Country B, and 1064 adults from Country C were asked if human activity contributes to global warming. Complete pa ...

The probability that someone made a purchase at a store is

The probability that someone made a purchase at a store is 0.36. You randomly select 15 people who went to the store. The random variable x represents the number of people who made a purchase. a. Find the probability tha ...

Assume that the mean score on a normally distributed

Assume that the mean score on a normally distributed statistics quiz taken by 400 psychology students was 76, and the standard deviation was 8. Ben had a z-score of -1.2. If someone gave a passing grade only to the top 2 ...

Q1 what would the best approach to evaluating whether the

Q1. What would the best approach to evaluating whether the extension to the new line be? would an IRR / NPV approach be adequate? Q2. My understanding is that we would take the sales of the extension of the modern line ( ...

Suppose a researcher is interested in the number of good

Suppose a researcher is interested in the number of good versus bad dreams that students have during final exam week. The researcher states that p = 0.52 that a student will have a bad dream during final exam week. (a) ...

Three airlines serve a small town in ohio airline a has 49

Three airlines serve a small town in Ohio. Airline A has 49% of all scheduled flights, airline B has 27% and airline C has the remaining 24%. Their on-time rates are 83%, 62%, and 39%, respectively. A flight just left on ...

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

Recent Questions

Ask Statistics and Probability Expert