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

What is conditional probability, Q. What is Conditional Probability? A...

Q. What is Conditional Probability? Ans. What is the probability that George will pass his math test if he studies? We can assume that the probabilities of George passing

Examining a related problem, how to explain this strategy? how to do this s...

how to explain this strategy? how to do this strategy in solving a problem? can you give some example on how to solve this kind of strategy.

Probability of independent events, Q. Probability of Independent Events? ...

Q. Probability of Independent Events? Ans. Consider these two events:  {My name is Shirley} {The rain is falling} Are these events related to each other?  No.  My name

Constructing a dfa/nfa or a regex), Let ∑ = (0, 1). Define the following la...

Let ∑ = (0, 1). Define the following language: L = {x | x contains an equal number of occurrences of 01 and 10} Either prove L is regular (by constructing a DFA/NFA or a rege

Taylor series - sequences and series, Taylor Series - Sequences and Series ...

Taylor Series - Sequences and Series In the preceding section we started looking at writing down a power series presentation of a function.  The difficulty with the approach

Coefficient of determination, It refers to the ratio of the explained varia...

It refers to the ratio of the explained variation to the total variation and is utilized to measure the strength of the linear relationship. The stronger the linear relationship th

SIMPLE INTEREST, A payday loan company charges a $95 fee for a $500 payday ...

A payday loan company charges a $95 fee for a $500 payday loan that will be repaid in 11 days. Treating the fee as interest paid, what is the equivalent annual interest rate?

Logarithms, how do they solve log9 = ... 27

how do they solve log9 = ... 27

Erp for a company, recomendation to a company to implement ERP to succeed

recomendation to a company to implement ERP to succeed

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