Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

kindly show the solution thank you. Topic simple linear regression model and correlation 2. Consider the hypothetical data given below. Let X be the explanatory

kindly show the solution thank you. Topic simple linear regression model and correlation

image text in transcribed
2. Consider the hypothetical data given below. Let X be the explanatory variable and let Y be the response variable. 2 2 3 3 3 3 4 4 y 3.5 4.5 4.0 3.5 7.0 6.5 8.0 6.0 7.9 7.0 >4 .n [\\J 5 6 6 6 7 7 7 8 8 8 y 9.4 9.3 11.0 10.5 12.4 11.5 10.0 15.0 11.0 13.7 >4 a. Find the equation of the straight line that ts the data set. b. Calculate the predicted value if X = 4 c. Find the 95% level of condence interval for the mean of Y for Xi = 4. d. Find the 95% level of condence inte1val for the individual response of Y for X1 = 4

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

Wavelet Based Approximation Schemes For Singular Integral Equations

Authors: Madan Mohan Panja, Birendra Nath Mandal

1st Edition

0429534280, 9780429534287

More Books

Students also viewed these Mathematics questions

Question

1. Check readers and library books. Is there ethnic diversity?

Answered: 1 week ago

Question

=+What action steps will you take to handle this situation?

Answered: 1 week ago