Data for this problem are based on information taken from The Wall Street Journal. Let x be
Question:
Complete parts (a) through (e), given x = 329, y = 115, x2 = 18,263, y2 = 2639, xy = 4015, and r 0.959.
(a) Draw a scatter diagram displaying the data.
(b) Verify the given sums x, y, x2, y2, and xy and the value of the sample correlation coefficient r.
(c) Find x, y, a, and b. Then find the equation of the least-squares line ŷ = α + bx.
(e) Find the value of the coefficient of determination r2. What percentage of the variation in y can be explained by the corresponding variation in x and the least-squares line? What percentage is unexplained?
(f) Predict the percentage of all fatal accidents due to speeding for 25-year-olds.
Step by Step Answer:
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase