Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

fon analysis of this data, with score as the predictor variable and amount as the response are given below. SUMMARY OUTPUT Regression Statistics Multiple R

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
\fon analysis of this data, with score as the predictor variable and amount as the response are given below. SUMMARY OUTPUT Regression Statistics Multiple R 0.161641 R Square 0.026128 Adjusted R Square 0.021209 Standard Error 29.3228 Observations 200 ANOVA df SS MS F Significance F Regression 4567.49 4567.49 5.312105 0.022215 Residual 198 170245.7 859.8268 Total 199 174813.2 Standard Coefficients Error t Stat P-value Lower 95% Upper 95%% Intercept 16.40905 10.67363 1.537345 0.125805 -4.63954 37.45764 score 0.246269 0.106851 2.3048 0.022215 0.035558 0.45698 (b) Type the predicted regression equation. 4 marks (c) Use the predicted regression equation to predict amount if score is 120. 4 marks (d) Using the confidence interval, is the slope of the regression line statistically significantly different from zero? 4 marks (e) What does the R square value tell you about the regression? 4 marks (f) What else should you check about this regression? 4 marks

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_2

Step: 3

blur-text-image_3

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

Interconnection Networks

Authors: J C Bermond

1st Edition

1483295273, 9781483295275

More Books

Students also viewed these Mathematics questions