Question

D. b. Does a simple linear regression model appear to be appropriate? Explain. ;the relationship appears to be curvilinear Ye


D. b. Does a simple linear regression model appear to be appropriate? Explain. ;the relationship appears to be curvilinear Yes c. Develop an estimated regression equation for the data that you believe will best explain the relationship between these two variables. (Enter negative values as negative numbers). Several possible models can be fitted to these data, as shown below x + X2 (to 3 decimals) What is the value of the coefficient of determination? Not report R between 0 and 1 (to 3 decimals) L(to 3 decimals) What is the value of the coefficient of determination? Note:report R betee and 1 (to 3 decimal)
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Independent variable (x): Number of facilities

Dependent variable (y): Average Distance (miles)

(a)

Following is the scatter plot of the data:

1.8 1.6 1.4 1.2 ()箭 0.6 0.4 0.2 0 20 25 30 35 10 15 01

(b)

The relationship appears to be curvilinear linear .

(c)

Following is the data for regression model:

Y X X^2
1.59 5 25
0.76 11 121
0.47 16 256
0.32 20 400
0.35 24 576
0.37 29 841

Following is the output of Quardatic model generated by excel:

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.993511819
R Square 0.987065735
Adjusted R Square 0.978442891
Standard Error 0.072082162
Observations 6
ANOVA
df SS MS F Significance F
Regression 2 1.189545819 0.59477291 114.4710243 0.001471
Residual 3 0.015587514 0.005195838
Total 5 1.205133333
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 2.357073882 0.132304749 17.81548955 0.000385632 1.936021121 2.778126643
X -0.181111865 0.017340445 -10.44447623 0.001873532 -0.2362969 -0.12592683
X^2 0.003936144 0.000499813 7.875240205 0.004266066 0.002345517 0.00552677

The required regression model is

Y=2.357 -0.181* X+ 0.004*x^2

The R-square is: 0.987

--------------------------------------

Following is the data for regression model:

Y 1/X
1.59 0.2
0.76 0.090909
0.47 0.0625
0.32 0.05
0.35 0.041667
0.37 0.034483

Following is the required regression model:

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.992880057
R Square 0.985810808
Adjusted R Square 0.98226351
Standard Error 0.065383231
Observations 6
ANOVA
df SS MS F Significance F
Regression 1 1.188033466 1.188033466 277.9047131 7.58599E-05
Residual 4 0.017099868 0.004274967
Total 5 1.205133333
Coefficients Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 0.015703759 0.046151433 0.340265904 0.750774783 -0.11243316 0.143840678
1/X 7.852592163 0.471047915 16.67047429 7.58599E-05 6.544753484 9.160430842

The required regression model is

Y=0.016+7.853 *(1/x)

The value of the coefficient of determination is

The R-square is: 0.986

Add a comment
Know the answer?
Add Answer to:
D. b. Does a simple linear regression model appear to be appropriate? Explain. ;the relationship ...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • What does the error term in the simple linear regression model account for? What are the...

    What does the error term in the simple linear regression model account for? What are the parameters of the simple linear model When all the points fall on the regression line, what is the value of the correlation coefficient? Part of an Excel output relating 15 observations of X (independent variable) and Y (dependent variable) is shown below. Provide the values for a-e shown in the table below. (See section 15.5) Summary Output ANOVA df SS MS F Significance F...

  • Simple Linear regression 1. A researcher uses a simple linear regression to measure the relationship between...

    Simple Linear regression 1. A researcher uses a simple linear regression to measure the relationship between the monthly salary (Salary measured in dollars) of data scientists and the number of years since being awarded a Master degree (Master Degree). A random sample of 80 observations was collected for the analysis. A researcher used the econometric model which has the following specification Salary,-β0 + β, Master-Degree, + εί, where i = 1, , 80 The (incomplete) Excel output of equation (1)...

  • 2. In a typical simple linear regression model, explore the relationship between the expected value of change in the re...

    2. In a typical simple linear regression model, explore the relationship between the expected value of change in the response variable y and the value of the regressor x changed by 20 or 40 units. Describe the condition or assumption, if any, to meet for such exploration. 3. In a multiple linear regression model where x1 and x2 are two regressors. Explore the relationship between the expected value of change in the response variable y and the value of the...

  • Question 6 (10 marks) Finally, the researcher considers using regression analysis to establish a linear relationship...

    Question 6 (10 marks) Finally, the researcher considers using regression analysis to establish a linear relationship between the two variables – hours worked per week and yearly income. a) What is the dependent variable and independent variable for this analysis? Why? (2 marks) b) Use an appropriate plot to investigate the relationship between the two variables. Display the plot. On the same plot, fit a linear trend line including the equation and the coefficient of determination R2 . (2 marks)...

  • Simple Linear Regression Problem QUESTION 7 A US consumer lobby wishes to develop a model to...

    Simple Linear Regression Problem QUESTION 7 A US consumer lobby wishes to develop a model to predict gasoline usage, as measured by miles per gallon, based on the weight of the car in pounds. The Excel data file AUTO.xls (contained in a folder under the CML Quizzes tab) contains data on this for fifty recent models. Use Excel Data Analysis to estimate a linear model for the relationship, a 95% confidence interval for as opecoefice and ha residua po State...

  • Does there appear to be a relationship between the variables? A Yes, there appears to be a positi...

    Can you please explain step by step on how to do it in excel Does there appear to be a relationship between the variables? A Yes, there appears to be a positive relationship between the variables. OB. Yes, there appears to be a negative relationship between the variables ° C There appears to be a positive relationship between the variables at low levels of a country's trade share, but a negative relationship at high levels of a country's trade share....

  • please help! Following is a simple linear regression model: y = a + A + &...

    please help! Following is a simple linear regression model: y = a + A + & The following results were obtained from some statistical software. R2 = 0.523 Syx (regression standard error) = 3.028 n (total observations) = 41 Significance level = 0.05 = 5% Variable Interecpt Slope of X Parameter Estimate 0.519 -0.707 Std. Err. of Parameter Est 0.132 0.239 Note: For all the calculated numbers, keep three decimals. Write the fitted model (5 points) 2. Make a prediction...

  • Help with some data science questions Q.1 The linear regression model assumes multivariate normality, no or...

    Help with some data science questions Q.1 The linear regression model assumes multivariate normality, no or little multicollinearity, no auto-correlation, and homoscedasticity? Which assumption is missing from this list? (no more than 10 words) Q.2 The coefficient of correlation measures the percent change in the feature variables explained by the target variables. a) True b) False Q.3 In a linear regression model, the coefficient measures the change in Y explained by one unit-change in X. a) True b) False Q4....

  • A regression line can be used to determine the strength of a relationship. determine if there...

    Question 6A regression line can be used to determine the strength of a relationship. determine if there is a cause and effect relationship. predict Y for any X value. establish if a relationship is linear. Question 7 If the correlation coefficient R between two variables is ,it is expected that the slope of the regression line will be positive; positive positive; large negative; small positive; negative Question 8 If the slope of the simple regression line is .12, then the Pearson correlation coefficient r is expected to be positive negative small large

  • A sample containing years to maturity and yield () for corporate bonds are contained in the...

    A sample containing years to maturity and yield () for corporate bonds are contained in the table below. Company Ticker Years Yield GE 1.00 0.767 MS 1.10 1.716 WFC 1.35 0.897 TOTAL 1.75 1.378 TOTAL 3.25 1.748 GS 3.75 3.558 MS 4.00 4.413 JPM 4.25 2.310 C 4.75 3.332 RABOBK 4.75 2.805 TOTAL 5.00 2.069 MS 5.00 4.739 AXP 5.00 2.181 MTNA 5.00 4.366 BAC 5.00 3.699 VOD 5.00 1.855 SHBASS 5.00 2.861 AIG 5.00 3.452 HCN 7.00 4.184 MS...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT