Answer : Correlation ( r ) = 0.864
A university would like to describe the relationship between the GPA and the starting monthly salary...
2 This is the problem to be solved: This is a sample of the information needed: Homework: HW-12 Save Score: 10 of 15 pts HUN Score: 24%, 24 of 100 pts 2 of 7 (2 complete) 14.2.10-1T Question Help A university would like to describe the relationship between the GPA and the starting monthly salary of a graduate who earned a business degree from the university. The table shown below gives the monthly starting salaries for five graduates of the...
help me out please A business school wishes to determine whether the grade-point average (GPA) of a graduating student can be used to predict the graduate's starting salary. More specifically, the college wants to know whether higher GPAs lead to higher starting salaries. Records for 200 of last year's business school graduates are selected at random, and data on GPA () and starting salary in Sthousands) for each graduate were used to fit the model Ely) = Bo+B12. The results...
the following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration. GPA Monthly Salary ($) 2.7 3,500 3.4 3,800 3.7 4,200 3.2 3,700 3.5 4,200 2.7 2,500 The estimated regression equation for these data is = -422.7 + 1,272.7x and MSE =137,386. a. Develop a point estimate of the starting salary for a student with a GPA of 3.0 (to 1 decimal). $ b. Develop a 95%...
The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration. GPA Monthly Salary ($) 2.7 3,500 3.4 3,900 3.7 4,300 3.2 3,800 3.5 4,100 2.7 2,300 The estimated regression equation for these data is ŷ = -931.8 + 1,431.8x and MSE =187,727. a. Develop a point estimate of the starting salary for a student with a GPA of 3.0 (to 1 decimal). $ b. Develop a...
The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration. GPA Monthly Salary ($) 2.7 3,500 3.4 3,900 3.7 4,300 3.2 3,800 3.5 4,100 2.7 2,300 The estimated regression equation for these data is ŷ = -931.8 + 1,431.8x and MSE =187,727. a. Develop a point estimate of the starting salary for a student with a GPA of 3.0 (to 1 decimal). $ b. Develop a...
2. (20) First-semester GPAs for a random selection of freshmen in a large university are shown below. Estimate the true mean GPA of the freshman class with %99 confidence. Assume o = 0.62 1.9 2.8 2.5 3.1 2.0 2.1 3.2 3.0 2.7 2.7 2.8 2.4 2.0 3.8 2.8 3.5 1.9 3.0 2.9 2.7 3.2 3.8 4.0 3.4 2.7 2.0 3.0 3.9 2.2 2.9 3.3 1.9 3.8 2.7 2.8 2.1 3. ( 20 ) Full-time Ph.D. students receive an average salary...
The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration GPA 2.7 3.4 3.7 3.1 3.4 2.9 Monthly Salary ($) 3,500 3,800 4,300 3,800 4,200 2,300 The estimated regression equation for these data is y- -726.5 1,367.6x and MSE 335,772 a. Develop a point estimate of the starting salary for a student with a GPA of 3.0 (to 1 decimal) b. Develop a 95% confidence interval...
2. A university placement director is interested in the effect GPA and the number of activities listed on the resume might have on the starting salaries of this year's graduation class. He has selected the data shown in cells S3 to U12 on the answers sheet for a sample of 12 graduates. Using these data, a. determine the multiple regression equation for starting salaries b. compute the estimated starting salary of Dave, a student with a 3.6 GPA and 3...
The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor's degree in business administration. GPA 2.7 3.5 3.7 3.2 3.4 2.7 Monthly Salary () 3,500 3,900 4,200 3,700 4,100 2,500 The estimated regression equation for these data is y-313.6+1,238.6x and MSE-141,222 a. Developa point estimate of the starting salary for a student with a GPA of 3.0 (to 1 decimal) b. Develop a 95% confidence interval for the mean sta...
Note : the answer should be computerized please Question 2. linear Regr ession (5Marks) The following data are the monthly salaries Y and the grade point averages X for students who obtained a bachelor's degree in business administration. GPA X 2.6 3.4 3.6 3.2 3.5 2.9 Salary Y, S3300 S3600 S4000 S3500 S3900 $3600 Answer all the following questions 1) Develop a scatter diagram for these data. (1 mark) 2) Is there any relationship between GPA and Salary? (1 mark)...