What is the least squares regression line equation

Assignment Help Basic Statistics
Reference no: EM131619438

Using Excel as your processing tool, work through three simple regression analyses.

1. First run a regression analysis using the BENEFITS column of all data points in the AIU data set as the independent variable and the INTRINSIC job satisfaction column of all data points in the AIU data set as the dependent variable. Create a graph with the trendline displayed. What is the least squares regression line equation? What are the slope and the y-intercept? What is the R-squared value?

2. Next, run a regression analysis using the BENEFITS column of all data points in the AIU data set as the independent variable and the EXTRINSIC job satisfaction column of all data points in the AIU data set as the dependent variable. Create a graph with the trendline displayed. What is the least squares regression line equation? What are the slope and the y-intercept? What is the R-squared value?

3. Next, run a regression analysis using the BENEFITS column of all data points in the AIU data set as the independent variable and the OVERALL job satisfaction column of all data points in the AIU data set as the dependent variable. Create a graph with the trendline displayed. What is the least squares regression line equation? What are the slope and the y-intercept? What is the R-squared value?

4. Finally, make very specific comments and give reasons regarding any similarities or differences in the output results. Which regression produces the strongest correlation coefficient result? Why?

Construct charts and diagrams to interpret data.

Calculate and interpret the correlation between variables.

Reference no: EM131619438

Questions Cloud

Calculate the net increase in cash for the year : The following information is available from Bromfield Co.'s accounting records for the year ended December 31, 2016, Calculate the net increase
Estimate the total number of replications : Consider Exercise. If it is required to estimate the average waiting time with an absolute error of 0.25 and confidence level of 90%.
Select a spy case from the defense personnel center : Conduct a case study evaluation and case conceptualization of your selected spy case.Select a spy case from the Defense Personnel .
Draw a well labelled diagram of the x-ray tube : Draw a well labelled diagram of the X-Ray tube and describe the functioons of all the parts.
What is the least squares regression line equation : What is the least squares regression line equation? What are the slope and the y-intercept? What is the R-squared value?
Calculate the economic value of the stock now : The required rate of return for this stock is 8.12%. Calculate the economic value of the stock now (end of the Year 2016).
Estimate how long the project will take to complete : Objective definition: Quantify the savings or benefits you expect from completing this project. Estimate how long the project will take to complete.
The financing outstanding : The Saunders Investment Bank has the following financing outstanding. Debt: 140,000 bonds with a coupon rate of 10 percent and a current price quote of 114.
What is the max speed the ball can have : If the cord will break when the tension in it excedes 93N, what is the max speed the ball can have?

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