MATH 231: Basic Statistics Homework #5 – Correlation and Regression: 1). Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England. The general sales manager aired a commercial for a digital camera on selected local TV stations prior ro a sale starting on Saturday and ending on Sunday. She obtained the information for Saturday-Sunday digital camera sales at the various outlets and paired it with the number of times the advertisement was shown on local TV stations
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Time Series Regression 3.1 A small regional trucking company has experienced steady growth. Use time series regression to forecast capital needs for the next 2 years. The company’s recent capital needs have been: ══════════════════════════════════════════════ Capital Needs Capital Needs (Thousands Of (Thousands Of Year Dollars) Year Dollars) -------------------------------------------
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S CHOOL OF M ATHEMATICS ‚ S TATISTICS AND O PERATIONS R ESEARCH STAT 392 Tutorial – Ratio and Regression Estimation 1. Regression Estimation (from Lohr‚ Ex 3.6.4) Foresters want to estimate the average age of tress in a stand. Determining age is cumbersome because one needs to count the tree rings on a core taken from the tree. In general‚ though‚ the older the tree‚ the larger the diameter‚ and diameter is easy to measure. The foresters measure the diameter of all 1132 tress and find that
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The simple regression model (SRM) is model for association in the population between an explanatory variable X and response Y. The SRM states that these averages align on a line with intercept β0 and slope β1: µy|x = E(Y|X = x) = β0 + β1x Deviation from the Mean The deviation of observed responses around the conditional means µy|x are called errors (ε). The error’s equation: ε = y - µy|x Errors can be positive or negative‚ depending on whether data lie above (positive) or below the conditional
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you cannot consult the regression R2 because (a) ln(Y) may be negative for 0 < Y < 1. (b) the TSS are not measured in the same units between the two models. (c) the slope no longer indicates the effect of a unit change of X on Y in the log-linear model. (d) the regression R2 can be greater than one in the second model. 1 (v) The exponential function (a) is the inverse of the natural logarithm function. (b) does not play an important role in modeling nonlinear regression functions in econometrics
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are little bit depends on eachother. | * ANOVA ANOVAa | Model | Sum of Squares | df | Mean Square | F | Sig. | 1 | Regression | 11.784 | 1 | 11.784 | 33.572 | .000b | | Residual | 27.378 | 78 | .351 | | | | Total | 39.162 | 79 | | | | a. Dependent Variable: MEAN_JS | b. Predictors: (Constant)‚ MEAN_OC | ANOVA TABLE * This table indicates that the regression model predicts the outcome variable significantly well. * Here‚ p(sig.) < 0.0005‚ which is less than 0.05‚ and indicates
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Testing. Follow the steps shown in the process diagram. You will try out four different models as described below: Regression: This model is the default regression model with the original data Regression – No Model Selection: This is the default regression model after transforming the variables as described below. Regression – Stepwise: This is the Regression model using stepwise regression and transformed data Decision Tree: This is the default decision tree model using transformed data Transform
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CWRU Regression Project Report OPRE 433 Tianao Zhang 12/5/2011 Introduction According to the data I’ve received‚ there are 6578 observations. The data base is composed by 13 columns and 506 rows. All the explanatory variables are continuous as well as the dependent variable and there are no categorical variables. My goal is to build a regression model to predict the average of Y or particular Y by a given X. 1. Do the regression assumptions such as Constant Variance‚ Normality and Independence
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3.2.3 The Stepwise Regression Analyses Table 4 and 5 showed the result of multiple regression analysis of critical thinking (CT) and speaking Skill (SS) achievement. The correlation among the Debate and context‚ issue‚ implication‚ and assumption was 0.923 or 92.3% and the influence of contribution of the whole aspects of critical thinking (CT) was 0.821 or 82.1%. Partially‚ the contribution of each aspect of critical thinking (CT) toward critical thinking (CT) achievement was as follows: context
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will have a quiz on 04th of Sep. at the beg. of the class and some questions similar to the HW will be asked. Please come to the class early so that you do not miss the quiz! 1. Run a regression between price and area (sqft) for data in “housing ” worksheet. a. Estimate the population simple linear regression line that shows a relationship between the area and price of a house. (Price depends on the size of the house) b. Interpret the intercept and the slope of the line. c. Estimate the standard
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