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Can someone look at these and assist Question 1. sing the accompanying Home Market Value data and associated regressionline, MarketValue=$27,540+$37.795Square Feet, compute the errors associated

Can someone look at these and assist

Question 1.

sing the accompanying Home Market Value data and associated regressionline,

MarketValue=$27,540+$37.795Square

Feet, compute the errors associated with each observation using the formula

ei=Yi<="" path="">Yi

and construct a frequency distribution and histogram.

Square Feet Market Value
1810 104800
1916 104300
1843 93400
1813 90900
1836 101900
2028 108400
1731 87700
1848 96000
1793 89200
1666 88400
1853 100900
1622 96600
1694 87500
2373 113900
2373 113300
1665 87500
2123 116000
1620 94600
1730 86300
1666 87000
1519 83400
1483 79900
1586 81500
1600 87200
1483 82500
1484 78700
1519 87700
1700 94200
1485 82000
1469 88200
1522 88200
1522 88500
1483 76700
1521 84300
1669 90800
1590 80900
1782 91400
1485 81400
1522 100600
1521 87200
1682 96800
1581 87400

Question 2.

The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c.

Overhead Costs Billable Hours
335000 4000
375000 5000
400000 6000
452000 7000
520000 8000
535000 9000

a. Develop a simple linear regression model between billable hours and overhead costs.

Overhead

Costs=enter your response here+enter your response hereBillable

Hours

(Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the$ symbol in youranswers.)

Question 3.

The accompanying data are from a football league for one season.

a. Construct a scatter diagram forpoints/game andyards/game. Does there appear to be a linearrelationship?

b. Use the Regression tool to develop a model for predictingpoints/game as a function ofyards/game. Explain the statistical significance of the model and the

R2

value.

Points/Game Yards/Game
27 346.5
16.5 302.4
19.1 305.6
17.6 276.2
15.9 291.5
19.3 300.3
24.7 352.4
24 345.9
27.3 374.2
19.4 337.4
21.2 315.5
28.9 368.6
24 327.3
28.9 362
25.9 366.9
14.6 280.7
16 294
23 339.6
36.9 417.9
22.4 358.8
24.4 326.3
18.2 287.2
18.8 303.6
20.7 349.8
24.3 334.8
26.1 315.1
14.6 246.8
24.3 352.6
17.3 300.1
20.5 329.3
20.4 313
20.7 336.7

Question 4.

Using the accompanying Concert Sales data on sales dollars and the number ofradio, TV, and newspaper ads promoting the concerts for a group of cities. Develop simple linear regression models for predicting sales as a function of the number of each type of ad. Compare these results to a multiple linear regression model using both independent variables. State the model and explainR-square, SignificanceF, andp-values, with an alpha of

0.05.

Sales ($1000) Thousands of radio and TV ads Thousands of newspaper ads
1167 0 41
985 0 38
909 24 26
637 25 25
872 31 32
956 29 30
955 35 33
1223 37 36
888 38 24
1011 38 24
1574 44 46
1503 45 43
1083 53 51
948 48 51
1383 56 19
1305 55 21
1363 63 31
1452 58 32
1572 67 33
1672 64 33
1807 69 42
1690 73 39

State the hypotheses for the simple linear regression tests.

H0:

H1:

Question 5.

The accompanying Cereal Data provide a variety of nutritional information about 67 cereals in a supermarket. Use regression analysis to find the best model that explains the relationship between calories and the other variables. Keep in mind the principle of parsimony. Use a level of significance of 0.05.

Calories Sodium Fiber Carbs Sugars
70 130 20 5 6
70 260 9 7 5
50 140 14 8 0
110 200 1 14 8
110 180 1.5 10.5 10
110 125 1 11 16
130 210 2 19 8
90 200 4 15 6
90 210 5 13 5
120 220 0 12 12
110 290 2 17 1
120 210 0 13 9
110 140 2 13 7
110 180 0 12 12
110 280 0 22 3
100 290 1 21 2
110 90 1 13 12
110 180 0 12 13
110 140 4 10 7
100 80 1 21 0
110 220 1 23 3
100 140 2 11 10
100 190 1 18 5
110 125 1 11 13
110 200 1 14 11
100 0 3 14 7
120 160 5 12 10
120 240 5 14 12
110 135 0 13 12
110 280 0 15 9
100 140 3 15 5
110 170 3 17 3
120 75 3 13 4
110 180 0 14 11
120 220 1 12 11
110 250 1.5 11.5 10
110 170 1 17 6
140 170 2 19 9
110 260 0 21 3
100 150 2 12 6
110 180 0 12 12
160 150 3 17 11
100 220 2 15 6
120 190 0 15 9
130 170 1.5 13.5 10
120 200 6 11 16
100 320 1 20 3
50 0 0 13 0
50 0 1 10 0
100 135 2 14 6
120 210 5 14 12
90 0 2 15 6
110 240 0 22 2
110 290 0 20 3
90 0 3 21 0
80 0 3 16 0
90 0 4 19 0
110 70 1 9 16
110 230 1 16 3
90 15 3 15 5
110 200 0 21 3
140 190 4 15 14
100 200 3 16 3
110 140 0 13 12
100 230 3 17 3
100 200 3 17 3
110 200 1 18 8

Select the best model below and fill in the corresponding answer boxes to complete your choice.

(Type integers or decimals rounded to three decimal places asneeded.)

A.

Calories=enter your response here+enter your response hereSodium+enter your response hereCarbs+enter your response hereSugars

B.

Calories=enter your response here+enter your response hereSodium+enter your response hereFiber+enter your response hereSugars

C.

Calories=enter your response here+enter your response hereSodium+enter your response hereFiber+enter your response hereCarbs+enter your response hereSugars

D.

Calories=enter your response here+enter your response hereCarbs+enter your response hereSugars

E.

Calories=enter your response here+enter your response hereFiber+enter your response hereCarbs+enter your response hereSugars

F.

Calories=enter your response here+enter your response hereSodium+enter your response hereFiber

G.

Calories=enter your response here+enter your response hereSodium+enter your response hereFiber+enter your response hereCarbs

Question 6.

The accompanying Credit Approval Decisions data provide information on credit history for a sample of banking customers. Use regression analysis to identify the best model for predicting the credit score as a function of the other numericalvariables, using both thep-value andt-statistic criteria. How do the modelscompare? Which would youchoose? Use a level of significance of

0.05.

Credit Score Years of Credit History Revolving Balance ($) Revolving Utilization (%)
725 20 11320 0.25
573 9 7200 0.7
677 11 20000 0.55
625 15 12800 0.65
527 12 5700 0.75
795 22 9000 0.12
733 7 35200 0.2
620 5 22800 0.62
591 17 16500 0.5
660 24 9200 0.35
700 19 22000 0.18
500 16 12500 0.83
565 6 7700 0.7
620 3 37400 0.87
774 13 6100 0.07
802 10 10500 0.05
640 7 17300 0.59
523 14 27000 0.79
811 20 13400 0.03
763 2 11200 0.7
555 4 2500 1
617 9 8400 0.34
642 13 16000 0.25
688 3 3300 0.11
649 12 7500 0.05
695 15 20300 0.22
701 9 11700 0.15
635 7 29100 0.85
507 2 2000 1
677 12 7600 0.09
485 5 1000 0.8
582 3 8500 0.65
699 17 12800 0.27
703 22 10000 0.2
585 18 31000 0.78
620 8 16200 0.55
695 16 9700 0.11
774 13 6100 0.07
802 10 10500 0.05
640 7 17300 0.59
536 14 27000 0.79
801 20 13400 0.03
760 2 11200 0.7
567 4 2200 0.95
600 10 12050 0.81
702 11 11700 0.15
636 8 29100 0.85
509 3 2000 1
595 18 29000 0.78
733 15 13000 0.24

What is the best model using thep-value criteria? Select the best answer below and fill in the answer boxes to complete your choice.

(Type integers or decimals rounded to three decimal places asneeded.)

A.

Credit

Score=enter your response here+enter your response hereUtilization

B.

Credit

Score=enter your response here+enter your response hereYears+enter your response hereBalance+enter your response hereUtilization

C.

Credit

Score=enter your response here+enter your response hereYears

D.

Credit

Score=enter your response here+enter your response hereBalance+enter your response hereUtilization

E.

Credit

Score=enter your response here+enter your response hereYears+enter your response hereBalance

F.

Credit

Score=enter your response here+enter your response hereYears+enter your response hereUtilization

G.

Credit

Score=enter your response here+enter your response hereBalance

Question 7.

The accompanying Major League Baseball data provide data for one season. Use the data to build a multiple regression model that predicts the number of wins. Complete parts a through c.

Won Runs Hits Earned Run Average Strike Outs Walks
65 713 1366 4.81 1527 589
91 738 1411 3.56 1140 634
66 613 1440 4.59 1056 424
89 820 1511 4.19 1140 587
75 685 1414 4.18 1234 479
88 752 1467 4.09 922 467
91 795 1515 4.01 1218 522
69 646 1362 4.3 1184 545
83 770 1452 4.14 1274 585
81 751 1515 4.3 1147 546
80 719 1403 4.08 1375 514
76 611 1348 4.09 1025 415
67 676 1534 4.97 905 471
80 681 1363 4.04 1070 466
80 667 1368 4.01 1184 533
77 750 1471 4.58 1214 546
94 780 1521 3.95 967 559
79 656 1361 3.7 1095 502
95 855 1485 4.06 1136 662
81 663 1396 3.56 1061 527
97 772 1451 3.67 1064 560
57 587 1303 5 1207 463
90 665 1338 3.39 1183 538
92 697 1411 3.36 1099 487
61 513 1274 3.93 1184 459
86 736 1456 3.57 1027 541
96 801 1343 3.78 1293 672
90 787 1556 3.93 986 511
85 755 1364 4.22 1164 471
69 655 1355 4.13 1221 503

a. Construct and examine the correlation matrix. Is multicollinearity a potentialproblem?

Won Runs Hits Earned Run Average Strike Outs Walks
Won enter your response here
Runs enter your response here enter your response here
Hits enter your response here enter your response here enter your response here
Earned Run Average enter your response here enter your response here enter your response here enter your response here
Strike Outs enter your response here enter your response here enter your response here enter your response here enter your response here
Walks enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here

(Type integers or decimals rounded to three decimal places asneeded.)

Question 8.

Use thep-value criterion to find the best model for predicting the number of points scored per game by football teams using the accompanying National Football League Data. Does the model make logicalsense?

Points/Game Rushing Yards/Game Passing Yards/Game Penalties Interceptions Fumbles
25.1 90.1 251.2 139 18 5
16.6 95.2 202.5 107 16 6
17.9 112.3 183.8 109 17 0
15.2 112.7 164.4 80 18 6
16.2 114.5 175.5 97 14 10
20.4 83.2 216.9 113 16 11
23.6 97.5 257.1 92 19 10
25.1 118.1 238.2 116 17 4
28.9 109.9 259.5 106 19 4
20.4 122.6 229.8 92 14 10
21.2 80.4 248.7 102 17 12
27.7 99.2 277.5 115 19 3
23.5 99.8 236.7 84 11 8
28.2 106.2 255.2 69 22 9
25.9 149.6 204.3 78 20 4
14.7 78.7 193.4 103 14 2
16.4 98.8 182.6 93 14 2
22.3 164.9 171.2 88 15 10
36.2 115.4 291.1 80 19 6
23.1 91.3 262.2 70 13 4
23.6 134.2 193.8 79 15 4
16.2 106.1 184.7 65 15 0
17.1 130.5 165.8 122 18 2
21.6 123.8 236.4 85 11 2
24.5 135.1 197.2 82 11 8
25.3 127.2 188.3 96 30 12
13.2 92.3 149.6 89 12 4
24.8 101.6 249.5 61 20 8
16.9 95.7 208.8 96 18 3
20.3 117.2 207.3 83 16 13
18.2 131.4 176.2 103 22 6
20.3 116.5 215.1 92 14 4

Determine the best multiple regression model. Let

X1

represent RushingYards, let

X2

represent PassingYards, let

X3

representPenalties, let

X4

representInterceptions, and let

X5

represent Fumbles. Enter the terms of the equation so that the

Xk-values

are in ascending numeral order by base. Select the correct choice below and fill in the answer boxes within your choice.

(Type an integer or decimal rounded to three decimal places asneeded.)

A.

Points/Game=enter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here

B.

Points/Game=enter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here

C.

Points/Game=enter your response here+enter your response hereXenter your response here

D.

Points/Game=enter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here

E.

Points/Game=enter your response here+enter your response hereXenter your response here+enter your response hereXenter your response here+enter your response here

Question 9.

A national homebuilder buildssingle-family homes andcondominium-style townhouses. The accompanying dataset provides information on the sellingprice, lotcost, and type of home for closings during one month. Complete parts a through c.

Type Sales_Price Lot_Cost
Townhouse 112740 20700
Single Family 136530 25500
Townhouse 147905 24650
Single Family 170000 25200
Townhouse 181916 45025
Townhouse 187390 27000
Single Family 189120 35000
Townhouse 196898 45025
Townhouse 203076 45025
Single Family 205821 39299
Single Family 214205 36500
Townhouse 250800 73400
Single Family 255000 43198
Single Family 268000 43344
Single Family 268500 41099
Single Family 271105 45000
Single Family 277720 44650
Single Family 294990 57000
Single Family 301500 59000
Single Family 307387 45850
Single Family 312898 40768
Single Family 319602 82250
Single Family 324412 62523
Single Family 337374 70399
Single Family 337380 49150
Single Family 338065 54850
Single Family 354117 56219
Single Family 359949 50591
Single Family 432426 57422
Single Family 492820 84122

a. Develop a multiple regression model for sales price as a function of lot cost and type of home without any interaction term.

Create a dummy variable named"Townhouse", where it is equal to 1 when

Type="Townhouse"

and 0 otherwise. Determine the coefficients of the regression equation.

Sales

Price=enter your response here+(enter your response here)Lot

Cost+(enter your response here)Townhouse

(Round the constant and coefficient of Townhouse to the nearest integer as needed. Round all other values to two decimal places asneeded.)

Question 10.

For the provideddata, develop a regression model for overall satisfaction as a function of years of service and department that has the largest appropriate

R2

value. Note that the categorical variable department has multiple levels and will require the use of multiple dummy variables. Whichdepartment, ifany, has the highest impact onsatisfaction?

Department Years Ideas Communication Recognition Training Work Conditions Tools and Information Work/Life Balance Satisfaction
Management 1 5 4 4 3 5 3 5 9
Administrative 16 2 3 2 2 4 5 2 3
Production 16 2 3 2 4 4 4 2 5
Production 15 2 3 1 4 4 4 2 4
Quality Control 1 5 5 5 5 5 5 5 10
Maintenance 17 5 4 3 5 5 5 3 8
Maintenance 15 5 5 5 5 5 5 5 9
Production 13 3 3 3 4 4 4 3 8
Quality Control 11 3 4 4 4 5 5 2 7
Production 3 5 5 5 5 5 5 5 10
Production 6 2 2 1 3 3 4 2 4
Production 1 5 4 4 3 4 5 5 9
Production 3 3 4 3 4 5 5 4 7
Production 2 4 4 4 4 5 5 5 9
Production 3 3 4 3 3 2 4 4 6
Shipping/ Receiving 21 3 2 2 3 2 4 3 6
Production 2 4 3 4 3 3 4 4 6
Production 2 4 5 4 4 4 4 4 7
Production 15 5 4 3 4 3 5 3 7
Management 3 3 4 3 3 4 5 5 8
Production 5 4 5 3 2 3 5 4 7
Shipping/ Receiving 8 3 2 2 2 2 4 2 4
Management 3 2 2 2 2 3 5 3 3
Administrative 2 4 4 3 4 4 5 3 9
Production 8 5 5 3 5 3 5 3 8
Shipping/ Receiving 32 2 3 2 4 2 5 3 5
Production 17 4 3 4 3 3 5 2 6
Shipping/ Receiving 2 5 5 5 5 5 5 5 9
Production 15 5 3 4 5 5 5 5 9
Production 5 2 4 2 2 2 5 3 3
Administrative 14 4 3 2 2 5 5 5 6

Determine the regression model for overall satisfaction as a function of years of service and department that has the largest

R2.

Let"Administrative" be the baselinedepartment, let

X1

representMaintenance, let

X2

representManagement, let

X3

representProduction, let

X4

represent QualityControl, and let

X5

represent Shipping/ Receiving, coding each department variable with a 1 if the person is in that department and 0 otherwise. Inaddition, let

X6

represent Years. Enter the terms of the equation so that the

Xk-values

are in ascending numerical order by base. Select the correct choice below and fill in any answer boxes within your choice.

(Type integers or decimals rounded to three decimal places asneeded.)

A.

enter your response here+(enter your response here)Xenter your response here

B.

enter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here

C.

enter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here

D.

enter your response here+(enter your response here)X1+(enter your response here)X2+(enter your response here)X3+(enter your response here)X4+(enter your response here)X5+(enter your response here)X6

E.

enter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here

F.

enter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here+(enter your response here)Xenter your response here

Question 11.

The Helicopter Division of Aerospatiale is studying assembly costs at its Marseilles plant. Past data indicates the accompanying data of number of labor hours per helicopter. Reduction in labor hours over time is often called a"learning curve" phenomenon. Using thesedata, apply simple linear regression and examine the residual plot. What do youconclude? Construct a scatter chart and use the Excel Trendline feature to identify the best type of curvilinear trendline(but not going beyond asecond-order polynomial) that maximizes

R2.

Helicopter Number Labor Hours
1 2000
2 1350
3 1235
4 1143
5 1071
6 1029
7 987
8 953

The residuals plot has

no apparent pattern.

clusters of points.

points randomly scattered about zero.

a nonlinear shape.

Therefore, this data

cannot

can

be modeled with a linear model.

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