Linear regression, Basic Statistics

Assignment Help:

Question:

Students in a science class have just received their grades on the first test.  The instructor has provided information about the first test grades in some previous classes as well as the final average for the same students.  Some of these grades have been sampled and are as follows:

Student

1

2

3

4

5

6

7

8

9

1st Test Grade

98

77

88

80

96

61

66

95

69

Final Average

93

78

84

73

84

64

64

95

76

a) Develop a linear regression model that can be used to predict the final course average based on the first test grade for these nine students.  Provide the correct independent and dependent variables and provide the linear regression relationship in terms of these independent and dependent variables.

b)  Predict the final average of a student who made an 83 on the first test. 

c) Would you recommend using this relationship for forecasting the final averages?  Why?  Base your recommendation on analytical reasons. 

d)  Suppose a student scored a 41 on the first test.  Predict the final average of a student who had this score?  What cautions would you recommend about using this linear regression relationship for predicting a final average?


Related Discussions:- Linear regression

Probability, if you tossed coin 6 times what is probability of getting more...

if you tossed coin 6 times what is probability of getting more than 3 head?

Stratified sampling, Stratified Sampling: If the population from which a sa...

Stratified Sampling: If the population from which a sample is to be drawn does not constitute a homogenous group, then stratified sampling technique is applied so as to obtain a re

Financial decision making managers, Income statement: Sosa Corporation rece...

Income statement: Sosa Corporation recently reported an EBITDA of $31.3 million and $9.7 million of net income. The company has $6.8 million interest expense, and the corporate tax

Allocation surrounding to accounts, Allocation surrounding to accounts An a...

Allocation surrounding to accounts An aspect of a lump-sum appropriation that is specific for expenses by particular government models and/or for particular requirements, actions,

Mba: accounting & finance for managers, . From the following cost, product...

. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi

Calculate s.d, Less than 5 yrs 22 5-10 18 10-20 5 20-30 4 More than 30 1

Less than 5 yrs 22 5-10 18 10-20 5 20-30 4 More than 30 1

Full and restricted models - testing research hypotheses, 1. Suppose you ar...

1. Suppose you are given a dataset that consists of a random sample of tasters, on which the following variables were obtained: (y) Zpref = taste preference for green beans stor

Write Your Message!

Captcha
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