Reference no: EM13922299
1. A regression analysis relating test scores (Y) to training hours (X) produced the following fitted equation: Yˆ =13.2 +1.3X .
(a) What is the fitted value of the response variable corresponding to X = 8?
(b) What is the residual corresponding to the data point with X = 6 and Y = 18.
(c) If X increases 4 units, how does Yˆ change?
(d) Consider the data point in part (b). An additional test score is to be obtained from a new observation at X = 6. Would the test score for the new observation necessarily be 18? Explain.
(e) The error sum of squares (SSE) for this model was found to be 14. If there were n = 20 observations, provide the best estimate for σ2.
(f) Rewrite the regression equation in terms of X*, where X* is training time measured in minutes. Show that your answer makes sense, i.e., gives the same prediction as the original equation (an example is sufficient).
2. Explain the difference between the following two equations:
3. Consider Figure 1.3 in KNNL (your primary textbook). If only the data over years 8-15 were considered, a reasonable linear fit could be obtained. This model, however, would profoundly over-predict the steroid level when X = 25. Use this result in explaining what is
meant by "scope of the model".
4. For this problem, use the grade point average data described in KNNL (the full data set is on the CD that accompanies the text, file CH01PR19.dat).
(a) Plot the data using PROC GPLOT in SAS. Include a smoothed function in the plot. Make sure to include the smoothing number in the title of the plot. Is the relationship approximately linear?
(b) Plot the data using PROC GPLOT, but now include the linear regression line on the plot.
(c) Using SAS, run a linear regression to predict GPA based on the ACT score. Give the regression equation.
(d) Based on your answer in (c), predict the GPA of a student who scored 20 on the ACT.
(e) Based on your answer to (c), find e1, e2, and e3 (the residuals for the first three observations).
(f) Find X and Y . Using your answer to (c), what is the predicted GPA for a student whose ACT score is equal to X ?
(g) Find SSE and MSE for this model.
(h) What is the estimate of σ from this analysis? (Recall our model is: Y = β0 +β1X +ε , where σ is the standard deviation of ε.)
5. For this problem use the plastic hardness data described in KNNL Problem #1.22.
(a) Plot the data using PROC GPLOT. Include a linear regression line on the plot. Is the relationship approximately linear?
(b) Using SAS, run a linear regression to predict hardness from time. Give the estimated regression equation.
6. For each of the following questions use the summary information to find the least-squares regression equation to predict Y from X.
(a) SSXX = 218. SSYY = 47. SSXY = -145.
(b)4,133 2,212,388
Analyze the accounting equation as a concept
: Watch the video titled "The Basic Accounting Equation" https://www.youtube.com/watch?v=cLG7K6Sq9K4 (6 min 33 s). Next, analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the..
|
What role health plays in developing economies
: Use the Internet to research one (1) developing nation of your choice. Your research should include an examination of lending institutions, health care, and human capital, as well as the material covered by the Webtext and lectures in Weeks 6 thro..
|
Company''s contribution margin rate
: What was X Company's contribution margin rate
|
Determine the optimal number of doughnuts in dozens
: Determine the optimal number of doughnuts, in dozens, to stock if labor, materials, and overhead are estimated to be $3.20 per dozen, doughnuts are sold for $4.80 per dozen, and leftover doughnuts.
|
Regression analysis relating test scores
: A regression analysis relating test scores (Y) to training hours (X) produced the following fitted equation: Yˆ =13.2 +1.3X .
|
Uncollectible accounts is adjusted accordingly
: Swarthmore Clothing Corporation grants its customers 30 days' credit. The company uses the allowance method for its uncollectible accounts receivable. During the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sa..
|
Examine crime statistics for reports
: Explain why the causality between these variables goes in the direction you claim that it goes. (In other words, make clear why the variables cannot logically be reversed.)
|
What is the optimal number of spares to order
: What is the optimal number of spares to order? Carrying no spare parts would be the best strategy for what range of shortage cost?
|
Space designer and tool wire med space designer instructions
: Research health care facilities in your area that are either new or are being renovated. Your research will help you select your project focus. You will use this facility in future assignments throughout the course. Your selections are limited to
|