Question
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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