Liner regression, Mathematics

Assignment Help:

Liner Regression

The calculations for our sample size n = 10 are described below. The linear regression model is y = a + bx

Table:

Distance x miles

Time y mins

xy

x2

y2

3.5

16

56.0

12.25

256

2.4

13

31.0

5.76

169

4.9

19

93.1

24.01

361

4.2

18

75.6

17.64

324

3.0

12

36.0

9.0

144

1.3

11

14.3

1.69

121

1.0

8

8.0

1.0

64

3.0

14

42.0

9.0

196

1.5

9

13.5

2.25

81

4.1

16

65.6

16.81

256

Σx = 28.9

Σy = 136

Σxy = 435.3

Σx2 = 99.41

Σy2= 1972

The Slope b =  {(10 * 435.3) - (28.9 * 136)}/ {(10 * 99.41) - (28.9)2} = 2.66

And the intercept a =   {136 - (2.66 * 28.9)}/10 = 5.91

Now we insert these values in the linear model describing as

y = 5.91 + 2.66x Or

Delivery time (mins) = 5.91 + 2.66 delivery distance in miles

The slope of the regression line is the estimated number of minutes per mile required for a delivery. The intercept is the estimated time to prepare for the journey and to deliver the goods that is the time required for each journey other than the actual traveling time.


Related Discussions:- Liner regression

Find out solutions to second order differential equations, Find out some so...

Find out some solutions to y′′ - 9 y = 0 Solution  We can find some solutions here simply through inspection. We require functions whose second derivative is 9 times the

Fractions, my daughter brought home home work im not sure how to do it the ...

my daughter brought home home work im not sure how to do it the fractions has to be labled from least to greatest

Methods for doing integral, There are really three various methods for doin...

There are really three various methods for doing such integral. Method 1: This method uses a trig formula as,  ∫sin(x) cos(x) dx = ½ ∫sin(2x) dx = -(1/4) cos(2x) + c

Logarithmic functions, If x = b y where both b > 0, x > 0, then we d...

If x = b y where both b > 0, x > 0, then we define y = log b x, which is read as "y is the log to the base b of x". This means that, log b x or y is the number to

Marketing research, Discuss the role research would play during your decisi...

Discuss the role research would play during your decision making

Estimate the loss to the bank - restructure the loan, Your bank has a loan ...

Your bank has a loan outstanding with a current balance of $1,000,000 that is payable in quarterly equal instalments of $49,924.  This loan has another 6 years to maturity.  The bo

the system by graphing, Suppose you are in the market for a new home and a...

Suppose you are in the market for a new home and are interested in a new housing community under construction in a another city. a) The sales representative later shows that there

Standard conventions in game theory, Standard conventions in game theory ...

Standard conventions in game theory Consider the given table: Y   3 -4 X -2 1

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