How you use your scatterplot to help you make prediction

Assignment Help Basic Statistics
Reference no: EM131404559

Suppose you were to make a scatterplot of adult daughters' heights versus mothers' heights by collecting data on both variables from several of your female friends. You would now like to predict how tall your infant niece will be when she grows up. How would you use your scatterplot to help you make this prediction?

What other variables, aside from her mother's height, might be useful for improving your prediction? How could you use these variables in conjunction with the mother's height?

Reference no: EM131404559

Questions Cloud

Sketch a scatterplot with an outlier : Sketch a scatterplot with an outlier that would inflate the correlation between the two variables. Sketch a scatterplot with an outlier that would deflate the correlation between the two variables.
Find the confidence interval for the expected value of y : Using a significance level of 5%, test whether the two regressors Saturation and Transisomers have the same effect on the response. Find the 95% confidence interval for the expected value of Y corresponding to X1 = 30 and X2 = 15
What would you suggest as a name for the entire procedure : Suppose the statistics community is having a contest to rename regression to something more descriptive of what it actually does. What would you suggest as a name for the entire procedure? As a name for the regression line?
Identify the payback period for each option : Calculate the net present value of each options using a discount rate of 12%.
How you use your scatterplot to help you make prediction : What other variables, aside from her mother's height, might be useful for improving your prediction? How could you use these variables in conjunction with the mother's height?
What is an example of two variables that have no association : Explain what it means when two variables have a negative association. What is an example of two variables that would have no association?
Determine the net present value for this project : Find the net present value using a discount rate of 10% and by comparing this figure to your answer to (a) estimate the internal rate of return for the project.
Discuss impact of sample size on given parametric values : Every population has a parametric mean (µ) and parametric standard deviation (s). Briefly discuss the impact of sample size on these parametric values.
What is the present value of the growing perpetuity : You have just introduced "must have" headphones for the iPod. Sales of the product are expected to be 20,000 units this year and are expected to increase by 16% annually in the future. What are the expected sales in each of the next three years? I..

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