How do you expect the least square regression line to change

Assignment Help Basic Statistics
Reference no: EM131688841

Question: Consider the data given in the following table.

x        10       20       30        40        50        60

y        12       15       19        21        25        30

a. Find the least squares regression line and the linear correlation coefficient r.

b. Suppose that each value of y given in the table is increased by 5 and the x values remain unchanged. Would you expect r to increase, decrease, or remain the same? How do you expect the least squares regression line to change?

c. Increase each value of y given in the table by 5 and find the new least squares regression line and the correlation coefficient r. Do these results agree with your expectation in part b?

Reference no: EM131688841

Questions Cloud

Describe at least one bad feature of the visual display : The following visual display concerning where the United States gets its electricity is similar to one that appeared in USA Today.
Determine total assets for the most current year reported : Determine the ending balance in shareholders' equity for the most current year reported. Determine total assets for the most current year reported.
How was the valuation determined : How was the valuation determined? Is there anything MetaCarta could do to improve the valuation
What events will cause an s election to terminate : What events will cause an S election to terminate? What would you recommend S corporations do to plan for an orderly termination of an S election?
How do you expect the least square regression line to change : Suppose that each value of y given in the table is increased by 5 and the x values remain unchanged. Would you expect r to increase, decrease.
Explain the venture capital method used in valuing a company : Explain the venture capital method used in valuing a company, when it is most appropriate to use this method
Evaluate the patentability of an idea : evaluate the patentability of an idea that you have; perform financial analysis on a group of companies
Analyze risks associated with capital projects : Analyze risks associated with capital projects. Analyze decision-making factors in lease versus buy. Analyze effect of financing strategies on cost of capital.
Prepare a short audience profile you would use : In the role of an executive from abroad, prepare a short audience profile (300 words) you would use to address a group of technology company CEOs.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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