Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello, from this link I got a dataset of diamonds and imported it into excel and I got some results. https://www.kaggle.com/shivam2503/diamonds I need help finding

Hello, from this link I got a dataset of diamonds and imported it into excel and I got some results.

https://www.kaggle.com/shivam2503/diamonds

I need help finding the Ho and Ha for comparing the relationship between price and carat of the diamonds in the data set.

In that attached picture, how would you describe the graph? what does r^2 mean? What does the F stat mean?

THANK YOU SO MUCH !

image text in transcribed
Bivariate Fit of price By carat Linear Fit Source DF Sum of Mean F Ratio 19000 18000 - 17000 price = -2256.361 + 7756.4256*carat 16000 Squares Square 15000 14000 Summary of Fit 13000 12000 Model 1 7.2913e+1 7.291e+11 3040509 11000 10000 price 9000 Error 53938 1.2935e+1 2398044 Prob >F 8000 7000- 6000- RSquare 0.84933 5000 C. 53939 8.5847e+1 <.0001 total rsquare adj carat parameter estimates root mean square linear fit error term estimate std t ratio prob>|t] Mean of Response 3932.8 Error Observations (or Sum 53940 Intercep - 13.05535 -172.8 <.0001 wgts carat>

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

Elementary Algebra

Authors: Charles P McKeague

2nd Edition

1483263819, 9781483263816

More Books

Students also viewed these Mathematics questions

Question

LOQ 7-18 What is the violence-viewing effect?

Answered: 1 week ago

Question

3. Contrast relational contexts in organizations

Answered: 1 week ago

Question

2. Describe ways in which organizational culture is communicated

Answered: 1 week ago

Question

1. Describe and compare approaches to managing an organization

Answered: 1 week ago