a).
Abbott | Roche |
104 | 103 |
133 | 119 |
115 | 112 |
73 | 78 |
75 | 81 |
82 | 82 |
88 | 86 |
86 | 83 |
75 | 77 |
83 | 86 |
79 | 79 |
79 | 77 |
78 | 78 |
89 | 71 |
74 | 75 |
76 | 78 |
83 | 82 |
82 | 79 |
92 | 93 |
93 | 92 |
79 | 83 |
120 | 123 |
140 | 147 |
141 | 137 |
99 | 97 |
121 | 119 |
87 | 88 |
123 | 121 |
117 | 118 |
101 | 106 |
134 | 128 |
112 | 104 |
92 | 93 |
77 | 81 |
97 | 98 |
101 | 100 |
74 | 82 |
83 | 86 |
155 | 143 |
161 | 162 |
correlation =
0.976595 |
b.
SUMMARY OUTPUT | |
Regression Statistics | |
Multiple R | 0.976595 |
R Square | 0.953738 |
Adjusted R Square | 0.95252 |
Standard Error | 4.956556 |
Observations | 40 |
Coefficients | |
Intercept | 7.453012 |
X Variable 1 | 0.918006 |
or equation: Roche = 7.453 + 0.918 Abbott
c.
d.
t-Test: Paired Two Sample for Means | ||
Abbott | Roche | |
Mean | 98.825 | 98.175 |
Variance | 585.5839744 | 517.4301282 |
Observations | 40 | 40 |
Pearson Correlation | 0.976594947 | |
Hypothesized Mean Difference | 0 | |
df | 39 | |
t Stat | 0.778647526 | |
P(T<=t) one-tail | 0.22044318 | not significant |
t Critical one-tail | 1.684875122 | |
P(T<=t) two-tail | 0.440886359 | not signficant |
t Critical two-tail | 2.02269092 |
The differences are not significant or there is no statistical signifcant difference in Abbott and Roche based on t value and p value.
e.
SUMMARY OUTPUT | ||
Regression Statistics | ||
Multiple R | 0.976594947 | correlation (strong and positive) |
R Square | 0.95373769 | R-sq (Abbott explains 95.37% variability in Roche. |
Adjusted R Square | 0.952520261 | |
Standard Error | 4.956555994 | |
Observations | 40 | |
ANOVA | ||
df | SS | |
Regression | 1 | 19246.212 |
Residual | 38 | 933.5629981 |
Total | 39 | 20179.775 |
Coefficients | Standard Error | |
Intercept | 7.453011513 | 3.334703359 (proportion error) |
X Variable 1 | 0.918006461 | 0.032798435 (constant error) |
95% CI:
Mean difference -/+ t*SE/sqrt(n) = (98.825 - 98.175) -/+ 0.779 * 4.96/sqrt(40) = 0.65 -/+ 0.61 = (0.04,1.26)
Please rate my answer and comment for doubt.
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