Question

11.2.19-T Question Help A researcher notes that in a certain country, a disproportionate number of software millionaires were

a. Fit a simple linear regression model relating number (y) of software millionaire birthdays in a decade to total number (x) of births in this country. Give the least squares prediction equation.

b. Practically interpret the estimated y-intercept and slope of the model, part a.

c. Predict the number of software millionaire birthdays that will occur in a decade where the total number of births in this country is 26 million.

d. Fit a simple linear regression model relating number (y) of software millionaire birthdays in a decade to number (x) of CEO birthdays. Give the least squares prediction equation.

e. Practically interpret the estimated y-intercept and slope of the model, part d.

f. Predict the number of software millionaire birthdays that will occur in a decade where the number of CEO birthdays (from a random sample of 70 companies) is 19.

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Answer #1

soln Ta a) x = Exi = 197.956 = 32.ggat 7 = Eyi $ 11670 - 1945 B. = 7 - 8, X pi - I (xi-W) (4-9) E cxi-x)2 381. 27 181.2868 BC BG LG Get & Transform Connections SC A B C D (x-xbar) -11 121 45 Noc eum E F ly-ybar) (x-xbar)^2 (x-xbar)*(y-ybar) -3.6667(d) atuen were x = Eni - 72 = 12 6.6667 - 24 - - 22 (24) CH-4) Zi- 288 916 b= 0.3144 ब -6.6667-0.314५ 12- 4 = 2.8937 The leasHi Dear,
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