What is the equation of the regression line

Assignment Help Basic Statistics
Reference no: EM131029509

1. A mileage test is conducted for a new car model, the "Pizzazz." Thirty (n=30) random selected Pizzazzes are driven for a month and the mileage is carefully measured in each. The mean mileage for the sample is 28.6 miles per gallon (mpg) and the sample standard deviation is 2.2 mpg. Estimate a 95% confidence interval for the mean mpg in the entire population of Pizzazzes (you might need to round your answer a little bit to agree with mine).

2. Recent USA TODAY/CNN/Gallup Poll showed that most American people support encryption on cell phones. The poll of 2000 adults was conducted and 1243 people said they supported technology companies to provide full encryption in cell phones.

a) Find a 95% confidence interval for people said they supported technology companies to provide full encryption in cell phones.

b) Perform the hypothesis test for 95 % confidence level that population supports the full encryption efforts from technology companies.

3. A random sample of 1,562 undergraduates enrolled in marketing courses was asked to respond on a scale from one (strongly disagree) to seven (strongly agree) to the proposition: "Advertising helps raise our standard of living." The sample mean response was 4.27 and the sample standard deviation was 1.32. Test the hypothesis that mean score is more than 4.

4. Of a sample of 361 owners of retail service and business firms that had gone into bankruptcy, 105 reported having no professional assistance prior to opening the business. Test the null hypothesis with 99 % confidence that at most 25% of all members of this population had no professional assistance before opening the business:

5. Pete's Powerful Pills (PPP) has branched out and is now promoting a vaccine which is supposed to prevent statisticitis, a nasty disease afflicting students at the local Evermore University. They are trying to convince the university's health center that the vaccine is worth stocking. The campus health center has agreed to stock and administer the vaccine if it sells well enough, at least μ = 50 vaccines per week. PPP arranges for the health center to conduct a 36 week trial with the goal of convincing the center to stock the vaccine. They find that the center has administered an average of X = 55 vaccines per week over that period with a standard deviation of s = 6.99.

(a) Compute a 95% confidence interval for the mean number of vaccines the health center will administer per week in the long run. Does it look like the health center will be willing to stock the vaccine? Explain.

(b) Perform the hypothesis test using test statistics that PPP will conduct to convince the health center the vaccine is worth stocking. In other words, give the null and alternative hypotheses, both mathematically and in words, and explain your reasoning.

(c) Suppose that PPP makes a $5 profit on every vaccine administered by the health center. Furthermore, suppose they need to average profits of at least $260 per week for it to be worthwhile to market the vaccine at the school. Can they be 95% sure of meeting their goal? Explain. (Hint: Use the CI computed in part (a)).

6. A statistics professor used X = "number of class days attended" (out of 30) as an independent variable to predict Y = "score received on final exam" for a class of his students. The resulting regression equation was Y = 39.4 + 1.4*X.

Which of the following statements is true?

a. If attendance increases by 1.4 days, the expected exam score will increase by 1 point

b. If attendance increases by 1 day, the expected exam score will increase by 39.4 points

c. If attendance increases by 1 day, the expected exam score will increase by 1.4 points

d. If the student does not attend at all, the expected exam score is 1.4.

7. A large class of 360 students has just taken an exam. The exam consisted of 40 true- false questions each of which was worth one point. A diligent teaching assistant has recorded the number of correct answers (Y) and the number of incorrect answers (X) for each student. Suppose that the student then regresses the variable Y on the variable X. What will be the values of model b0 (intercept), b1 (slope), R2 to fit to the data?

8. A 95% confidence interval for b1 is determined to be (15,30). Interpret the meaning of this interval.

a) You can be 95% confident that the mean value of Y will fall between 15 and 30 units.

b) You can be 95% confident that the X value will increase by between 15 and 30 units for every one unit increase in Y.

c) You can be 95% confident that average value of Y will increase by between 15 and 30 units for every one unit increase in X.

d) At the 5% level of significance, there is no evidence of a linear relationship between Y and X.

9. What do residuals represent?

a. The difference between the actual Y values and the mean of Y.

b. The difference between the actual Y values and the predicted Y values.

c. The square root of the slope.

d. The predicted value of Y for the average X value.

10. A researcher wants to know if there is a relationship between the number of shopping centers in a state and the retail sales (in billions $) of that state. A random sample of 8 states is listed below. After determining, via a scatter-plot, that the data followed a linear pattern, the regression line was found. Using the given data and the given regression output answer the following questions.

State Num Sales

1

630

15.5

2

370

7.5

3

616

13.9

4

700

18.7

5

430

8.2

6

568

13.2

7

1200

23.0

8

2976

87.3

a. What is the equation of the regression line?

b. Interpret the slope in the words of the problem.

c. Find r2 and interpret its meaning in the words of the problem.

Reference no: EM131029509

Questions Cloud

What is the meaning of the y-intercept : If this trend continues, then in what year will the percentage of women in the 20-24 age group who have never married reach 100%?
Describe the diagnostic criteria utilized to diagnose : Please describe the diagnostic criteria utilized to diagnose this disorder. You can utilize the DSM-IV TR diagnostic criteria or the ICD-10 (International Classification of Diseases) diagnostic criteria.
Represents a conjugate acid/base pair : Which one of the following represents a conjugate acid/base pair?
What is the equation of the regression line : A researcher wants to know if there is a relationship between the number of shopping centers in a state and the retail sales (in billions $) of that state. What is the equation of the regression line
What is the equation of the regression line : A researcher wants to know if there is a relationship between the number of shopping centers in a state and the retail sales (in billions $) of that state. What is the equation of the regression line
Why is dna classified as a polymer : 1) Why is DNA classified as a polymer? What are the monomers? (2) What force holds together the strands of DNA? Why would covalent bonding be problematic? You must provide sufficient detail in your answer and incorporate information from the course m..
Determine the dollar value of improved performance given : Determine the dollar value of improved performance given the following information: The total cost of training is $25,000. There were 10 people trained. The benefit of the training will last for two years.
A(n) is composed of only hydrogen and carbon : A(n) is composed of only hydrogen and carbon.
Cells are biomolecular engines : Cells are biomolecular engines. Considering the groups of chemicals listed below, which are the main ones that make up the cell?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining completion time and standard deviation

Determine the completion time and standard deviation (σ) for project roundoff the standard   deviation to the nearest hundredth: two decimal places.

  How is sampling distribution of mean similar to raw scores

How is a sampling distribution of the mean similar to and different from a distribution of raw scores? What is the standard deviation of a sampling distribution of the mean called? How is it affected by sample size?

  Specializes in developing weed-harvesting equipment

1. Allen Machines specializes in developing weed-harvesting equipment that is used to clear small lakes of weeds. Allen Machines is contemplating the construction of a machine that would harvest weeds on narrow rivers and waterways. The activ..

  A multiple-choice exam consists of 16 questions each with

a multiple-choice exam consists of 16 questions each with five alternatives. a student needs to answer at least 12 of

  Find probability that half of obese will develop diabetes

Approximately 30% of obese patients develop diabetes. If a physician sees 10 patients who are obese, a) What is the probability that half of them will develop diabetes?

  Meanstandard deviation by discrete probability distribution

Find out the probability distribution of your net winnings if you play one time. Calculate the mean and the standard deviation.

  Find the expression for variance of the estimate

The inventory value is estimated by the sum of book values of population and N-D, where N is population size at top ,D at bottom. show that the estimate is unbiased. Find an expression for the variance of the estimate.

  Problem regarding the annual salaries

Wageweb.com exhibits salary data obtained from surveys. It provides compensation information on over 170 benchmark positions, including finance positions. It reports the salaries of chief finance officers for mid- sized firms. Suppose that a sampl..

  Performance of the comapany stock investments

In studying the performance of the comapany's stock investments over the past year, the research manager of a mutual fund company finds that only 43% of the stocks returned more than the rate that had been expected at the beginning of the year.

  1 an important measure of the performance of a locomotive

1 an important measure of the performance of a locomotive is its adhesion which is the locomotives pulling force as a

  What is the probability that no couple sits together

Three couples attend a dinner. Each of the six people chooses randomly a seat at a round table. What is the probability that no couple sits together?

  Expected value of the sample mean difference

A random sample of 50 female CFO's and a random sample of 40 male CFO's are selected. Find the expected value of the sample mean difference.

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