Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Important Instruction (Read carefully): Please answer the following question using the information in Lectures 7,9,11_Combined_Spring 2023 excel file. Note that this excel file is created

image text in transcribed
Important Instruction (Read carefully): Please answer the following question using the information in "Lectures 7,9,11_Combined_Spring 2023" excel file. Note that this excel file is created combining excel files of Lectures 7,9 and 11. Please Type your answers inside the green textbox if applicable. Problem Set \#1. Go to Lecture 7- Student Survey Worksheet [9 points] To solve questions in this problem you need to use regression results estimated using weight (dependent variable) and height (independent variable). Using the estimated regression equations, please provide answers to the following four questions. i. Which one is the estimated regression equation? [ 3 points] a. y^=153.98+16.95x b. y^=153+16.95x c. y^=45.35+37.64x ii. If a student has a height of 5.95 feet, what would be the predicted weight? [2 points] iii. Is it appropriate to use our regression equation to predict the weight of 2.5 feet tall person? Explain in a few sentences [ 2 points] iv. What value of R2 is obtained after "height-weight" regression analysis? Please explain its meaning. [2 points] Important Instruction (Read carefully): Please answer the following question using the information in "Lectures 7,9,11_Combined_Spring 2023" excel file. Note that this excel file is created combining excel files of Lectures 7,9 and 11. Please Type your answers inside the green textbox if applicable. Problem Set \#1. Go to Lecture 7- Student Survey Worksheet [9 points] To solve questions in this problem you need to use regression results estimated using weight (dependent variable) and height (independent variable). Using the estimated regression equations, please provide answers to the following four questions. i. Which one is the estimated regression equation? [ 3 points] a. y^=153.98+16.95x b. y^=153+16.95x c. y^=45.35+37.64x ii. If a student has a height of 5.95 feet, what would be the predicted weight? [2 points] iii. Is it appropriate to use our regression equation to predict the weight of 2.5 feet tall person? Explain in a few sentences [ 2 points] iv. What value of R2 is obtained after "height-weight" regression analysis? Please explain its meaning. [2 points]

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

Cost Benefit Analysis

Authors: Harry F. Campbell, Richard P.C. Brown

3rd Edition

1032320753, 9781032320755

More Books

Students also viewed these Finance questions

Question

How can you manage disclosure and privacy in your relationships?

Answered: 1 week ago