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A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used...

A regression model to predict Y, the state-by-state 2005 burglary crime rate per 100,000 people, used the following four state predictors: X1 = median age in 2005, X2 = number of 2005 bankruptcies per 1,000 people, X3 = 2004 federal expenditures per capita, and X4 = 2005 high school graduation percentage.

Predictor Coefficient
  Intercept 4,304.4610   
  AgeMed -26.903   
  Bankrupt 20.8921   
  FedSpend -0.0312   
  HSGrad% -29.1815   

(a) Write the fitted regression equation. (Round your answers to 4 decimal places. Negative values should be indicated by a minus sign.)

yˆy^ = _______ + __________ AgeMed + __________Bankrupt + ___________FedSpend + ___________ HSGrad%

(b-1) The 2005 state-by-state crime rate per 100,000

  • increases by about 27 as the state median age increases.

  • decreases by about 27 as the state median age increases.

(b-2) The 2005 state-by-state crime rate per 100,000    

  • increases by about 21 for every 1,000 new bankruptcies filed.

  • decreases by about 21 for every 1,000 new bankruptcies filed.

(b-3) The 2005 state-by-state crime rate per 100,000           

  • decreases by 0.0312 for each dollar increase in federal funding per person.

  • increases by 0.0312 for each dollar increase in federal funding per person.

(b-4) The 2005 state-by-state crime rate per 100,000      

  • increases by about 29 for each 1% increase in high school graduations.

  • decreases by about 29 for each 1% increase in high school graduations.

(c) Would the intercept seem to have meaning in this regression?

  • Yes

  • No

(d) Make a prediction for Burglary when X1= 30 years, X2= 5.0 bankruptcies per 1,000, X3= $5,723, and X4= 80 percent.

Burglary Rate ______________

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