Calculating regression equation

Assignment Help Basic Statistics
Reference no: EM1315648

Q1) Data given are temperatures on arbitrarily selected days in a summer class and number of absences on those days.

 

Temperature, x

72

85

91

90

88

98

75

100

80

Number of absences, y

3

7

10

10

8

15

4

15

5

 

a) Determine equation of regression line for the given data. Round the line values to the nearest two decimal places. Illustrate your work.

 

b) Using equation found in part a, forecast number of absences when temperature is 95.

 

Q2) Create a 1,000 - 1,500 word paper applying Regression and Correlation to personal or business application student is familiar with.  Paper needs the collection of interval or ratio level data which appears to be correlated.  Utilizing Regression function and graphing function in Excel,  calculate mean, median and mode for both sets of data, and computation and interpretation of coefficient of correlation, coefficient of determination.  Additionally, use graphing function to graph data and calculate regression equation. Once all of these numbers are computed, interpret meaning of all the numbers.

 

 

Reference no: EM1315648

Questions Cloud

Testing our research hypothesis : Discuss possible study designs. Which of the designs would we use to test our research hypothesis?
Find expected dividend payout ratio : Calculation of Dividend Payout ratio - If the firm follows a residual dividend policy and has no other projects, what is its expected dividend payout ratio?
Programming field as career : Unfortunately, there are fewer women within the programming fields that there are men, encourage women to go into these fields
Questions based on dividend policy : Multiple choice questions on Dividend Policy and Matrix Corporation follows the residual dividend policy. In a year with an exceptionally large capital budget and normal earnings, the firm would most likely
Calculating regression equation : Additionally, student should use graphing function to graph data and calculate regression equation.
Determining confidence interval for the mean price : Find the confidence interval for the mean price, μ, of all dealer sticker prices of new cars: for a confidence level of 90% in thousands of dollars:
Find correct answer on weighted average cost of capital : Find correct answer on weighted average cost of capital for Campbell Co. is trying to estimate its weighted average cost of capital (WACC)
Computation of cross price elasticity of demand : For each of the following pairs of goods, would you expect the cross-elasticity of demand to be positive or negative? Large (in absolute value) or small? Defend your answers:
Determine expected dividend yield and capital gain : Determine expected dividend yield and Capital Gain - Find the expected dividend yield and capital gain yield once Fast Start Inc.'s period of supernormal growth ends.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Inverse probability based on the normal distribution

What IQ score should one have in order to be eligible for Mensa?

  The bootstrap method of inference relies on

A permutation resample for a two-sample test

  One-sided and a two-sided hypothesis test

What is the distinction between a one-sided and a two-sided hypothesis test in this problem?

  What is the probability of the given problem

Using the Census data, the OH Registry of Motor Vehicles reveal the subsequent about the Autos owned by the 10 families residing in Smallville.

  Determine probability that neither truck is available

If probability the first truck is available is= .75, probability the second truck is available is= .50, and probability both are available is= .30, determine the probability which neither truck is available?

  Descriptive statistics for given data

Given 7 male individuals in a Physical Education course, the number of sit ups each individual can do in a one minute period was recorded:

  Evaluate the t statistic for testing contrast

The ANOVA table is given below,as well as a table of means and standard deviations for the three groups. Evaluate the t statistic for testing contrast

  Determining confidence interval for estimating dtata

Determine the 95% confidence interval for your estimate what data have you utilized as the basis of your predictions what suppositions have you made.

  What is the estimate of the overall proportion

We want to know if his support has decreased. In computing a test of hypothesis with , what is the estimate of the overall proportion?

  Probability values of data

A certain airplane has two independent alternators to provide electrical power.

  Computing mean crash damages for vehicles

Five test vehicles of each kind were crashed, with results given below. Research question: Are mean crash damages the same for these 3 vehicles?

  Confidence interval for the population mean

Based on this sample information, develop a 90 percent confidence interval for the population mean yearly premium.

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