Question
Following is a simple linear regression model: y i = 0 + 1 x i + i The following results were obtained from some statistical
Following is a simple linear regression model:
yi = 0 + 1xi + i
The following results were obtained from some statistical software. R2 = 0.675
syx (regression standard error) = 4.199
n (total observations) = 55
Significance level = 0.05 = 5%
Variable | Parameter Estimate | Std. Err. of Parameter Est. | ||
Intercept | 0.830 | 0.275 | ||
Slope of X | -0.818 | 0.313
|
Note: 1. For all the calculated numbers, keep three decimals.
2. For calculation-related questions, show the formulas and the major calculation procedures for full credit.
1. Write the fitted model (5 points).
2. Make a prediction using the fitted model for y when x = 2.107 (5 points)
3. The intercept of the least-squares regression line is (5 points):
4. Suppose we want to test the hypotheses for the slope: H0: 1 = 0, H1: 1 0 The value of the t statistic for this test is (10 points):
5. Suppose we want to test the hypotheses for the intercept: H0: 0 = 0, H1: 0 0 The value of the t statistic for this test is (10 points):
6. A 95% confidence interval for the slope 1 in the simple linear regression model is (10 points):
7. A 95% confidence interval for the intercept 0 in the simple linear regression model is (10 points):
8. The correlation coefficient r between the x and y is (10 points):
9. What is its meaning of R2 (10 points)?
10. What is the meaning of the intercept in this simple linear regression model (5 points)?
11. SST = ? (10 points)
12. Are the intercept and slope significant at 5% significance level (Please use the hypothesis test instead of looking at the confidence intervals) (10 points)?
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