CHAPTER 16 SIMPLE LINEAR REGRESSION AND CORRELATION SECTIONS 1 - 2 MULTIPLE CHOICE QUESTIONS In the following multiple-choice questions‚ please circle the correct answer. 1. The regression line [pic] = 3 + 2x has been fitted to the data points (4‚ 8)‚ (2‚ 5)‚ and (1‚ 2). The sum of the squared residuals will be: a. 7 b. 15 c. 8 d. 22 ANSWER: d 2. If an estimated regression line has a y-intercept of 10 and a slope of 4‚ then when x = 2 the actual value
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5 Step Hypothesis for Regression Team D will conduct a test on the hypotheses : H₀: M₁ ≤ M₂ The null hypothesis states that non-European Union countries (M₁) have a lesser/equal to life expectancy than European Union countries (M₂). H₁: M₁ > M₂ The alternative hypothesis states that non-European Union (M₁) countries have a greater life expectancy than European Union countries (M₂). Team D will conduct research with a level of significance of α = .05 Identify the test statistic: Team
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Correlation and Regression Assignment Problem 1. a. Explain which variable you chose as the explanatory variable and discuss why. * The explanatory variable is the height. This is because I am assuming that as height increases‚ the weight will increase as well. So the weight is the dependent variable b. Produce a scatter plot and insert the result here. * Scatter plot c. Find the equation of the regression line‚ Write it in the form of y=a+bx‚ where a is the y-intercept
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Regression Analysis of Army Jackboots Ochirmunkh Boldbaatar‚ Myriam Hirscher‚ Bastian Latz‚ and Manuel Padutsch ECON 510 Aun Hassan November 26‚ 2012 Introduction The German company we established the data from sells cloths and shoes. The customers are not private customers but mostly national divisions like the military or fire departments. The company has around 20 stores in Germany; however‚ the stores have different prices for the same products. The data package we received includes
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in the United States Question 1. Estimate the demand for soft drinks using a multiple regression program available on your computer. 2. Interpret the coefficients and calculate the price elasticity of soft drink demand 3. Omit price from the regression equation and observe the bias introduced into the parameter estimate for income. 4. Now omit both price and temperature from the regression equation. Should a marketing plan for soft drinks be designed that relocates most canned drink
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relationship between CREDIT BALANCE and SIZE 2591+ 403.221 Determine the coefficient of correlation. Interpret. .75/ r-sq(56.6%). There is a mild correlation. Determine the coefficient of determination. Interpret. 56.6% Test the utility of this regression model (use a two tail test with α =.05). Interpret your results‚ including the p-value. P-value=0. Reject the null hpothesis. T value 7.9147 Based on your findings in 1-5‚ what is your opinion about using SIZE to predict CREDIT BALANCE? Size
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Revitalizing Dell: Forecast Dell’s 2009 and 2010 revenues • Work through the “Proposed Steps” of Case 9-1 Revitalizing Dell in your textbook – Make lagged drivers – Use correlation to pick a lagged driver – Build a linear forecast model using regression‚ perform DW test on residuals – Repeat if residuals do not pass DW test • Forecast revenues and generate 95% prediction intervals for 2009 and 2010 6 Revitalizing Dell: Bright forecast 7 Revitalizing Dell: Harsh reality 8 Revitalizing
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STA9708 Regression Analysis: Literacy rates and Poverty rates As we are aware‚ poverty rate serve as an indicator for a number of causes in the world. Poverty rates are linked with infant mortality‚ education‚ child labor and crime etc. In this project‚ I will apply the regression analysis learned in the Statistics course to study the relationship between literacy rates and poverty rates among different states in USA. In my study‚ the poverty rates will be the independent variable (x) and literacy
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One of the main problems that affect the livability in Hong Kong is housing problem. Hong Kong has 7.3 million people living on 1‚100 sq. km of land. There were around 6‚700 people living on every square km. However‚ the ‘right to adequate housing’ and the ‘right to affordable’ are important dimensions resting on the foundation that adequate housing is a basic human need (Leckie 1992; Bengtsson 1995) and which ensures access to a safe and affordable home with freedom from forced eviction. This is
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Housing market is defined as the General market of houses being purchased and sold between buyers and sellers either directly by owners or indirectly through brokers. Housing problem is basically the problem of mismatch between the supply and demand for housing and that it can be resolved or at least reduced when a more balanced situation can be achieved. The consumers and producers both face problems and challenges in the housing market. One of the major problems faced by the consumers is the
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