Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following are generated data for r and y. 1 0 - 1 2 29 8 3 4 4 5 -15 25 -6 7 6
The following are generated data for r and y. 1 0 - 1 2 29 8 3 4 4 5 -15 25 -6 7 6 -0 -1 7 21 -2 8 9 10 -15 34 -11-30 -6 For this data, 1 = -4.7, SS,.= 1016.1 and s = 9.372. See the SAS output below: Variable DF Parameter Estimate Standard Error t Value Pr > 1 Intercept 1 8.944 3.271 1 1.669 0.294 . (a). (5 points) Write out the least squares line. (b). (10 points) Conduct a test to determine if the slope parameter B, is significant at the 0.1 level of significance. (c). (8 points) Find a 95% confidence interval for the slope parameter B, and interpret it. (d). (12 points) Create a 95% prediction interval for a new observation of y for Ip -10. The following are generated data for r and y. 1 0 - 1 2 29 8 3 4 4 5 -15 25 -6 7 6 -0 -1 7 21 -2 8 9 10 -15 34 -11-30 -6 For this data, 1 = -4.7, SS,.= 1016.1 and s = 9.372. See the SAS output below: Variable DF Parameter Estimate Standard Error t Value Pr > 1 Intercept 1 8.944 3.271 1 1.669 0.294 . (a). (5 points) Write out the least squares line. (b). (10 points) Conduct a test to determine if the slope parameter B, is significant at the 0.1 level of significance. (c). (8 points) Find a 95% confidence interval for the slope parameter B, and interpret it. (d). (12 points) Create a 95% prediction interval for a new observation of y for Ip -10
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started