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

Estimate the probability, The following (artificial) data record the length...

The following (artificial) data record the length of stay (in days) spent on a psychiatric ward for 28 consecutive patients who have been sectioned under the mental health act, cla

Integration, integral 0 to 4 integral 0 to y root of 9+ysquredxdy

integral 0 to 4 integral 0 to y root of 9+ysquredxdy

Ellipsoid - three dimensional spaces, Ellipsoid Now here is the genera...

Ellipsoid Now here is the general equation of an ellipsoid. X 2 / a 2 + y 2 /b 2 + z 2 /c 2 = 1 Here is a diagram of a typical ellipsoid. If a = b = c afterw

Matrices, (e) Solve the following system of equations by using Matrix meth...

(e) Solve the following system of equations by using Matrix method. 3x + 2y + 2z = 11 x + 4y + 4z = 17 6x + 2y + 6z = 22

Operations Research inventory , A firm buys a product using the price sched...

A firm buys a product using the price schedule given in the table: The company estimate holding costs at 10% of the purchase price per year and ordering costs at $40 per order .

Example of mixing problems, A 1500 gallon tank primarily holds 600 gallons ...

A 1500 gallon tank primarily holds 600 gallons of water along with 5 lbs of salt dissolved into it. Water enters the tank at a rate of 9 gal/hr and the water entering the tank has

Area of an ellipse, You know the experation for the area of a circle of rad...

You know the experation for the area of a circle of radius R. It is Pi*R 2 . But what about the formula for the area of an ellipse of semi-minor axis of length A and semi-major

Geometry, what are the parts of angles

what are the parts of angles

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