Let Y be the time (in mins) taken complete the midterm and X be the number of questions in the mid term.
The regression equation that we want to estimate is
where is the intercept of the regression line
is the slope of regression line
is a random error
We calculate the following
n=5
The estimate of slope is
The estimate of intercept is
a) The estimated regression equation is
b) The number of questions on an exam (X) a significant predictor of the amount of time it takes to finish (Y), if the slope coefficient corresponding to X () is not equal to zero.
We want to test the following hypotheses
We need to calculate the following
Sum of square Errors is
Mean square Error is
The standard error of estimate is
The standard error of the slope estimate is
The hypothesized value of the slope is
the test statistics is
The degrees of freedom is n-2=5-2=3
This is a 2 tailed test (The alternative hypothesis has "not equal to"). The p value of this statistics is
P(T<-3.596) +P(T>3.596)
Using the standard t tables, we can get the p-value with in an interval.
For 3 degrees of freedom, we can see that the total area under 2 tails of t-distribution is 0.05, when t=3.182 and is 0.02 when t=4.541.
The test statistics is 3.596. That means the p-value is in the interval 0.02 to 0.5
(We can get the exact p-value in excel using =T.DIST.2T(3.596,3) as 0.037)
We will reject the null hypothesis if the p-value is less than the significance level.
Here the p-value is in the interval 0.02 to 0.05, and hence is less than the significance level of 0.05.
Hence we will reject the null hypothesis.
We conclude that at 0.05 level of significance, the number of questions on an exam a significant predictor of the amount of time it takes to finish.
c) Using the equation
we need to solve for X when the predicted value of Y is 90
If I want an exam to last 90 minutes, there should be 12 questions in the exam.
5 peimts- To examine the relationship between the amount of questions on my statistics midterms and...
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