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Study the following regression analysis to predict y using x.
a) What is the equation of the regression model?
b) What is the meaning of the coefficient of x?
c) What is the result of the test of the slope of the regression model? Let α = .10. Why is the t statistic negative?
d) Comment on r2 and the standard error of the estimate.
e) The correlation coefficient for these two variables is -.7918. Is this result surprising to you? Why or why not?
Create a 95% confidence interval for true mean debt for student borrowers.
Differentiate both sides of the equation from part (a) with respect to x to obtain:
The daily revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will be between $7000 and $7500?
If writing scores for population have standard deviation of σ = 20, does sample give adequate evidence to conclude that new composition course has significant effect?
Bbutton to determine whether the design of the control panel was contributing to the high rate of accidents in the plant. The resulting scores were as follows:
Find the expected GPA when SAT = 800. Find E (GPA|SAT = 1,400). Comment on the difference.
Each student in an experiment was told to look at 100 cars and count the number of people wearing the seat belts. The mean score for the class was found to be 44, and standard deviation =7
A product is made up of two subsystems in parallel. Subsystem one consists of ten elements in series each with a failure rate of 1/100. The second subsystem consists of 5 elements in series each with a failure rate of 1/200. What is the overall re..
If one of the 100 employees is randomly selected, find the probability of getting someone who carpools, someone who cycles to work, or someone who works part time.
A random sample of 100 people was taken. Eighty of the people in the sample favored candidate A. The 95% confidence interval for the true proportion of people who favor Candidate A is?
A random sample of 72 graduate students generated the following 90% confidence interval: (0.438, 0.642). Based on the interval above, is the population proportion of females equal to 0.60?
A manufacturer claims that the mean lifetime, mu, of its light bulbs is 44 months. The standard deviation of these lifetimes is 7 months. Seventy bulbs are selected at random, and their mean lifetime is found to be 43 months.
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