Concern over the weather associated with El Nino has increased interest in the possibility that the climate
Question:
A regression predicting Mean Temperature from CO2 produces the following output table (in part).
Dependent variable: Temperature
R-squared = 33.4%
Variable .............. Coefficient
Intercept ................ 15.3066
CO2 ............................... 0.004
a) What is the correlation between CO2 and Mean Temperature?
b) Explain the meaning of R-squared in this context
c) Give the regression equation.
d) What is the meaning of the slope in this equation?
e) What is the meaning of the intercept of this equation?
f) Here is a scatterplot of the residuals vs. CO2. Does this plot show evidence of the violations of any of the assumptions of the regression model? If so, which ones?
g) CO2 levels may reach 364 ppm in the near future. What Mean Temperature does the model predict for that value?
Step by Step Answer:
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman