User Account

All Pages

Set of data and write a regression equation

Assignment Help Basic Statistics
Reference no: EM131714725

Construct a scatter plot from a given set of data and write a regression equation to predict a value not given in the data set.

Solve the following:

Consider the following data that compares the Consumer Price Index (CPI) with subway fare in a particular city.

CPI

30.2

48.3

112.3

162.2

191.9

197.8

Subway Fare

0.15

0.35

1.0

1.35

1.50

2.00
  1. Using the given data, construct a scatter plot with CPI as the independent variable(x) and subway fare as the dependent variable (y)
  2. Write the regression equation that predicts subway fare in terms of CPI
  3. Using the equation found in Part b, find the best predicted cost of subway fare when the CPI is 182.5

Reference no: EM131714725

Questions Cloud

Complete carol federal tax return : Comprehensive Problem - Complete Carol's federal tax return for 2016. Use Form 1040, Schedule A, Schedule C, Schedule D, Form 8949,
Summarize legislation that pertains to discretionary benefit : Summarize legislation that pertains to discretionary benefits.
Identify and assess the type of evidence : Identify and explain one argument (pro or con) related to the chosen issue; either summarize an existing argument or construct an original one.
Discuss rioux management company purchased land : the principal plus the interest accrued from the date of the preceding payment
Set of data and write a regression equation : Construct a scatter plot from a given set of data and write a regression equation to predict a value not given in the data set.
Planning labor force requirements and production levels : The Barcelona Paint Company is in the process of planning labor force requirements and production levels for the next four quarters.
Conduct a job analysis of the position of commercial pilot : Evaluate various psychological tests and other methods that would be important to consider when hiring commercial pilots.
Confidence interval of the mean : If the standard deviation of the population was s = $6.36, find the 90% confidence interval of the mean.
Discuss the principal plus the interest accrued : the principal plus the interest accrued from the date of the preceding payment

Reviews

Write a Review

Basic Statistics Questions & Answers

  Construct scatterplot for data and draw least square line

Construct a scatterplot for the data and draw the least squares line on the graph. Locate the data point for Denver on the graph. What do you observe?

  P-value of the test

The p-value of the test is closest to:

  Find a confidence interval for the true mean

Find a 95% confidence interval for the true mean battery charge proportion if the amount of solar radiation is 130 langleys.

  Inferences about two proportions

A simple random sample of front-seat occupants involved in car crashes is obtained. Among 2823 occupants not wearing seat belts, 31 were killed. Among 7765 occupants wearing seat belts, 16 were killed.

  Validity of the officer claim

A sample of 8 applications are randomly taken and these were processed in 7, 6, 7, 9, 3, 3, 8 and 5 days. Assuming that the processing time is normally distributed, test the validity of the officer's claim at 0.01 level of significance.

  Lt x and y be independent geometric distributions u

let x and y be independent geometric distributions. u minxy v x - y a show that u and v are independent b find the

  Computing regression equation by multiple regression model

Using multiple linear regression, compute the regression equation for the following data in Excel.

  Does the difference between the probabilities of parts a

an insurance company found that 2.5of male drivers between theages of 18 and25 are involved in serious accidents

  Construct the corresponding relative frequency distribution

Provide an appropriate response. The frequency distribution for the weekly incomes of students with part-time jobs is given below. Construct the corresponding relative frequency distribution.

  Given the amount of vitamin c in a medium orange is

given the amount of vitamin c in a medium orange is normally distributed with a mean of 70mg and a standard deviation

  Prepare a report for the dean of the college

Develop 95% confidence intervals for the proportion of all students, the proportionof male students, and the proportion of female students who were involved in sometype of cheating.

  Estimate probability that if company books seats available

The booked passengers actually arrive for the flight. Estimate the probability that if the company books 170 persons, not enough seats will be available.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd