Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

do it step by step so I understand how to do it (measured in accident rates per 100 million vehicles) and x, the difference between

do it step by step so I understand how to do it
image text in transcribed
image text in transcribed
(measured in accident rates per 100 million vehicles) and x, the difference between the width of the bridge and the width of the roadway approach (road plus shoulder). fint: Follow steps provided in Chapter 16 case provided in MS OneNote class notes. - Data: "AutoAce is attached - Use JMP to solve the question. - Provide JMP output (screenshots) and attach JMP report file with data embedded. - Attach JMP data file that has confidence and prediction intervals a) Find the least squares point estimates b0 and b1 of 0 and 1 on the output and report their values. Write the model equation. Interpret the coefficients. b) Find the p-value for testing H0:1=0 versus H21=0 on the output and report its value. Using the p-value, determine whether we can reject H0 by setting a equal to .10,05,01, and .001 . How much evidence is there that the slope (regression relationship) is significant? c) Find the 95 percent confidence interval for 1 using numbers on the output. Interpret the interval. d) Find the p-value for testing H0:0=0 versus H2:0=0 on the computer output and report its value. Using the p-value, determine whether we can reject H0 by setting a equal to .10 , .05,01, and .001. What do you conclude about the significance of the y intercept? e) Obtain confidence interval for the mean values of accidents (y) and prediction interval for individual values of accidents at each value of (x). Which interval is wide and why? Bridge Safety (measured in accident rates per 100 million vehicles) and x, the difference between the width of the bridge and the width of the roadway approach (road plus shoulder). fint: Follow steps provided in Chapter 16 case provided in MS OneNote class notes. - Data: "AutoAce is attached - Use JMP to solve the question. - Provide JMP output (screenshots) and attach JMP report file with data embedded. - Attach JMP data file that has confidence and prediction intervals a) Find the least squares point estimates b0 and b1 of 0 and 1 on the output and report their values. Write the model equation. Interpret the coefficients. b) Find the p-value for testing H0:1=0 versus H21=0 on the output and report its value. Using the p-value, determine whether we can reject H0 by setting a equal to .10,05,01, and .001 . How much evidence is there that the slope (regression relationship) is significant? c) Find the 95 percent confidence interval for 1 using numbers on the output. Interpret the interval. d) Find the p-value for testing H0:0=0 versus H2:0=0 on the computer output and report its value. Using the p-value, determine whether we can reject H0 by setting a equal to .10 , .05,01, and .001. What do you conclude about the significance of the y intercept? e) Obtain confidence interval for the mean values of accidents (y) and prediction interval for individual values of accidents at each value of (x). Which interval is wide and why? Bridge Safety

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Remote Auditing A Quick And Easy Guide For Management System Auditors

Authors: Denise Robitaille

1st Edition

1932828311, 978-1932828313

More Books

Students also viewed these Accounting questions