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15. {Exercise 12.23 (Algorithmic)} Given are five observations for two variables, x and y. xi 1...

15.

{Exercise 12.23 (Algorithmic)}

Given are five observations for two variables, x and y.
xi 1 2 3 4 5
yi 3 8 6 12 14


The estimated regression equation is ŷ = 0.8 + 2.6x.
  1. Compute the mean square error using the following equation (to 3 decimals).




  2. Compute the standard error of the estimate using the following equation (to 3 decimals).




  3. Compute the estimated standard deviation b1 using the following equation (to 3 decimals).




  4. Use the t test to test the following hypotheses (α = .05):


    Compute the value of the t test statistic (to 2 decimals).


    The p-value is
    Selectless than .01between .01 and .02between .02 and .05between .05 and .10between .10 and .20between .20 and .40greater than .40Item 5

    What is your conclusion?
    SelectConclude a significant relationship exists between x and yCannot conclude a significant relationship exists between x and yItem 6
  5. Use the F test to test the hypotheses in part (d) at a .05 level of significance.

    Complete the F table below. Calculate the Sum of Squares (to 1 decimal), the Mean Squares (to 3 decimals), and the F ratio (to 2 decimals).
    Source of Variation Degrees of Freedom Sum of Squares Mean Square F
    Regression
    Error
    Total


    What is the p-value?
    Select
  6. less than .01
  7. between .01 and .025
  8. between .025 and .05
  9. between .05 and .10
  10. greater than .10

    What is your conclusion, based on this F test?
    Select
  11. Conclude a significant relationship exists between x and y
  12. Cannot conclude a significant relationship exists between x and y
    Item
0 0
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Answer #1

given solutions ý -6-8 +261. % 20.8+2.64 3.4 x-x)2 492 0:16 - O 6.76 o.64 - ñ ar wn - 0.04 J Swe=10 (y})= = 11.6 3 6 8.6 4 12T ای test startintic= B) SE(31) = 2.60 0:6218 = 4.1812 e) P-value = 0.0249 between 0.01 and 0.025 conclude that regression is

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