Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Suppose we want to examine the relationship between scores on a popular standardized test and performance in college. We have chosen a random sample of

Suppose we want to examine the relationship between scores on a popular standardized test and performance in college. We have chosen a random sample of fifteen students just finishing their first year of college, and for each student we've recorded her score on the standardized test (from 400 to 1600) and her grade point average (from 0 to 4) for her first year in college. The data are shown below, with x denoting the score on the standardized test and y denoting the first-year college grade point average. A scatter plot of the data is shown in Figure 1.

Standardized test score, x Grade point average, y
1190 3.02
1330 3.57
1260 3.16
1090 2.13
920 2.66
850 2.34
940 2.20
1510 2.93
1400 3.14
990 2.38
1060 2.75
1010 3.10
790 2.24
1290 3.11
1500 3.45
Send data to calculator Send data to Excel
Grade point average

y

1.8

2

2.2

2.4

2.6

2.8

3

3.2

3.4

3.6

3.8

x

800

900

1000

1100

1200

1300

1400

1500

Standardized test score
Figure 1

The value of the sample correlation coefficient r for these data is approximately 0.766

.Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a list of formulas.)

(a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least four decimal places.
(b) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least four decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Management Accounting Information for Decision-Making and Strategy Execution

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

6th Edition

978-0137024971

Students also viewed these Mathematics questions