Perform a simple linear regression analysis, Applied Statistics

Assignment Help:

In New Jersey, banks have been charged with withdrawing from counties having a high percentage of minorities. To substantiate this charge, data is presented in the table below concerning the percentage, x, of minority population and the number of county residents, y, per bank in each of New Jersey's 21 counties.

                                           Percentage         Number of

                                           Of Minority        Residents Per

               County              Population, x      Bank Branch, y

              Atlantic                     23.3                     3,073

              Bergen                     13.0                     2.095

              Burlington                17.8                     2,905

              Camden                   23.4                     3,330

              Cape May                  7.3                     1,321

              Cumberland            26.5                     2,557

              Essex                       48.8                     3,474

              Gloucester               10.7                     3,068

              Hudson                    33.2                     3,683

              Hunterdon                 3.7                     1,998

              Mercer                      24.9                     2,607

              Middlesex                18.1                     3,154

              Monmouth               12.6                     2,609

              Morris                         8.2                     2,253

              Ocean                        4.7                     2,317

              Passaic                    28.1                     3,307

              Salem                       16.7                     2,511

              Somerset                 12.0                     2,333

              Sussex                       2.4                     2,568

              Union                       25.6                     3,048

              Warren                       2.8                     2,349

 

a) Perform a simple linear regression analysis of this data.

b) Determine if there is a significant relationship between x and y.


Related Discussions:- Perform a simple linear regression analysis

Time series analysis., how is a free hand graph secular trend method plotte...

how is a free hand graph secular trend method plotted

Sequential sampling, Sequential Sampling Under this method, a number of...

Sequential Sampling Under this method, a number of sample lots are drawn one after another from a universe depending on the results of the earlier samples. Such sampling is gen

Semiaverages and least square, how can we graph a trend line by semiaverage...

how can we graph a trend line by semiaverages and least square method?

Multivariate statistical methods, As one of the oldest multivariate stati...

As one of the oldest multivariate statistical methods of data reduction, Principal Component Analysis (PCA)simplifies a dataset by producing a small number of derived

Estimation, what do we mean by critical region

what do we mean by critical region

Prediction interval, Prediction Inte rval We would like to construct a...

Prediction Inte rval We would like to construct a prediction interval around    which would contain the actual Y. If n  ≥  30,     ± Zs e  would be the interval, where Z

Corelation regrassion, the two regrassion line will pass through the point ...

the two regrassion line will pass through the point (x,y)

Angle count method, Angle Count method The method for estimating the pr...

Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po

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