Compute the outlier diagnostics, Basic Statistics

Assignment Help:

Use the following four data sets for problem 1.  Be aware that this is a very interesting series of data sets with some special properties. I do not have data files for these data, so you'll need to enter it by hand. If you want to challenge yourself, try to copy and paste this data into an excel sheet or text file and then bring it in through SPSS.

Y              X              Y           X               Y           X           Y             X

353_Compute the Outlier Diagnostics.png

(a) For each of the four data sets separately:  Calculate the Pearson r and the regression equation, = b0 + b1X; Calculate R2 and associated test of significance.  Test b1 for significance. Briefly write what you would conclude about the comparison of these datasets from these analyses.

(b) For data set 1 and data set 3, compute the outlier diagnostics. Are there are any outliers? If so, please explain.

(c) Comment on what lessons have you learned (or should have learned) from this problem. That is, why did I pick these data and ask you to specifically do steps a, &b? When looking at the data analysis as a whole, what lesson should this question teach?


Related Discussions:- Compute the outlier diagnostics

In-depth analysis of the effects of the salary, Background: There was no 2...

Background: There was no 2004-05 National Hockey Leagues (NHL) season because of a labour dispute between the players and the teams. One of the outcomes of the labour dispute was

Explain the effects of the transactions, Explain the effects of the transac...

Explain the effects of the transactions on Accounting Equation under a Financial Accounting System. Ans. Under the Double Entry System each of the financial transaction bring the

Comprehending Behavior Statistics, I was recently buying shoes when the sal...

I was recently buying shoes when the salesperson commented on how large my feet were. After telling him he had lousy sales techniques, I decided to investigate if I really do have

Accounts payable in accounting, Volumes due to personal individuals or comp...

Volumes due to personal individuals or companies for products and/or services obtained by the state. Records Due does not involve amounts due to other companies, resources, or othe

Homogeneity, Let f (?) be the production function associated with a single-...

Let f (?) be the production function associated with a single-output technology, and let Y be the production set. Show that Y satisfies constant returns to scale if and only if f (

Transition towards ifrs, Transition towards IFRS Over the last few year...

Transition towards IFRS Over the last few years, there has been a tremendous change in the world's capital markets. There has thus been a shift away from the local financial re

Adjusting entries, The notes receivable were accepted from several customer...

The notes receivable were accepted from several customers. The notes were issued on Sept. 1,2011 and will be settled together with a 20% interest on May 31, 2011.

Association of Attributes, In an examination 600 candidates appeared, boys ...

In an examination 600 candidates appeared, boys outnumbered girls by 16% of all candidates. number of passed candidates exceeded the number of failed candidates by 310. Boys failin

Book-keeping financial, Expertsmind.com offering financial accounting help...

Expertsmind.com offering financial accounting help,The Financial Accounting vs. The Book-keeping issues itself with the producing (correctly and in a set of books) of those dealin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd