Question
9.3 1.The table shows the total square footage(in billions) of retailing space at shopping centers and their sales(in billions ofdollars) for 10 years. The equation
9.3
1.The table shows the total square footage(in billions) of retailing space at shopping centers and their sales(in billions ofdollars) for 10 years. The equation of the regression line is
y=627.117x2336.688. Complete parts a and b.
Total SquareFootage,
x
5.1
5.2
5.3
5.4
5.6
5.8
5.9
5.8
5.9
6.1
Sales,
y
872.4
944.8
995.9
1056.1
1104.7
1223.5
1292.7
1349.8
1448.1
1526.4
(a) Find the coefficient of determination and interpret the result.
(Round to three decimal places asneeded.)
How can the coefficient of determination beinterpreted?
A.
The coefficient of determination is the fraction of the variation in sales that is unexplained and is due to other factors or sampling error. The remaining fraction of the variation is explained by the variation in total square footage.
B.
The coefficient of determination is the fraction of the variation in sales that can be explained by the variation in total square footage. The remaining fraction of the variation is unexplained and is due to other factors or to sampling error.
(b) Find the standard error of estimate se and interpret the result.
(Round the final answer to three decimal places as needed. Round all intermediate values to four decimal places asneeded.)
How can the standard error of estimate beinterpreted?
A.
The standard error of estimate of the sales for a specific total square footage is about se billion dollars.
B.
The standard error of estimate of the total square footage for a specific number of sales is about se billion dollars.
2.The table shows the average weekly wages(in dollars) for state government employees and federal government employees for 8 years. The equation of the regression line is
y=1.541x126.639. Complete parts(a) and(b) below.
Average Weekly Wages(state),
x
746
768
792
820
842
886
916
947
Average Weekly Wages(federal),
y
991
1041
1116
1149
1203
1258
1284
1298
(a) Find the coefficient of determination and interpret the result.
r2=
(Round to three decimal places asneeded.)
How can the coefficient of determination beinterpreted?
The coefficient of determination is the fraction of the variation in average weekly wages for (1) that can be explained by the variation in average weekly wages for (2) and is represented by (3) The remaining fraction of thevariation, (4), is unexplained and is due to other factors or to sampling error.
(b) Find the standard error of estimate se and interpret the result.
se=
(Round to two decimal places asneeded.)
How can the standard error of estimate beinterpreted?
The standard error of estimate of the average weekly wage for (5) for (6) average weekly wage for (7) is about se dollars.
(1)state government employees
federal government employees
all government employees in the last 8 years
(2)state government employees
federal government employees
all government employees in the last 8 years
(3)r2.
1r2.
(4)r2
1r2
(5)state government employees
federal government employees
all government employees in the last 8 years
(6)a specific
any
the range of
(7)state government employees
federal government employees
all government employees in the last 8 years
3.The table shows the amounts of crude oil(in thousands of barrels perday) produced by a certain country and the amounts of crude oil(in thousands of barrels perday) imported by the same country for seven years. The equation of the regression line is
y=1.272x+16,695.40. Complete parts(a) and(b) below.
Produced,
x
5,810
5,737
5,634
5,430
5,225
5,160
5,068
Imported,
y
9,328
9,153
9,615
10,014
10,194
10,100
10,055
(a) Find the coefficient of determination and interpret the result.
r2=
(Round to three decimal places asneeded.)
How can the coefficient of determination beinterpreted?
The fraction of the variation in the amount of (1) that can be explained by the variation in the amount of (2) is (3) The remaining fraction (4) of the variation is unexplained and is due to other factors or to sampling error.
(b) Find the standard error of estimate se and interpret the result.
thousands of barrels per day
(Round to three decimal places asneeded.)
How can the standard error of estimate beinterpreted?
The standard error of estimate of the amount of (5) for (6) of (7) is about se (8)
(1)imported crude oil
produced crude oil
(2)imported crude oil
produced crude oil
(3)r2.
1r2.
(4)r2
1r2
(5)imported crude oil
produced crude oil
(6)a specific amount
any amount
any amount within the range of the data set
(7)imported crude oil
produced crude oil
(8)thousand of barrels per day.
thousand of barrels per year.
thousand of barrels.
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