Answer:
Then run the linear regression.
For all the 4 cases we see that the Multiple R-squared values are 0.66 and around it. This is because of the presence of outlier in the data set which can be clearly seen from the scatter plots.
So, now we remove the outlier and re-run the regression.
Data Set 2
Now,
the multiple R-squared value is 1. So there is a perfect
relationship exists between x2and y2.
So,
we have seen that after removing the outlier the multiple R-squared
become 1 indicating a perfect linear relationship exhibited.
Data Set 4
Here, after removing the outlier we can see that there exists a singularity in x values so that no regression can be fitted and hence no multiple R-squared values can be found but as the standard deviation of x becomes zero.
Do four regression analyses using the Anscombe Quartet (1973) Data Analysis Tool in Excel Any Statistical...
Do four regression analyses using the Anscombe Quartet (1973) Data Analysis Tool in Excel Any Statistical package Summarize the results and compare those using the original data. How would you run regression analysis differently? Remove some data, if necessary Linear or curvilinear (quadratic or cube)? Re-run regression analysis Summarize the results
9. Using Excel run the multiple regression analysis using the variables INCOME, SIZE and YEARS to predict CREDIT BALANCE. State the equation for this multiple regression model. 10. Perform the Global Test for Utility (F-Test). Explain your conclusion. 11. Perform the t-test on each independent variable. Explain your conclusions and clearly state how you should proceed. In particular, which independent variables should you keep and which should you discard if any. 12. Is this multiple regression model better than the...
Instructions for Excel
a) Using the data in the file (i.e., the values of Y and values
of X), create a scatter plot with the variable Y plotted vertically
and the variable X plotted horizontally. You are to add a
trendline, the equation of the line and R2 to this scatter plot.
You do not need to add a title to this plot.
b) Run the ‘Regression’ analysis tool (found under DATA/Data
Analysis). The output using this tool should result...
Instructions for Excel Assignment 2 a) Using the data in the file (i.e., the values of Y and values of X), create a scatter plot with the variable Y plotted vertically and the variable Xplotted horizontally. You are to add a trendline, the equation of the line and R2 to this scatter plot. You do not need to add a title to this plot. b) Run the 'Regression analysis tool (found under DATA/Data Analysis). The output using this tool should...
Gross Sales Distance to Neighborhood MedianNeighborhood NeighborhoodNumber Businesses Median Age Parking Dummy Variable Free Parking Nearby Location Day) University (mi) Residential Population within 5 mi 3 5 0 1 2 2 NeighborhoodNumber Businesses Parking Dummy Variable Free Parking Nearby Location(1 Day) University (mi) Residential Population within 5 mi 10400 9 1 Excel Assignment #2: Multiple Regression The Food Truck Case Study Overview and Objectives This assignment examines the case of a new food truck and the role that location plays...
Project Number 9 Statistical analysis of radiation data recorded by an ionization chamber Project Number 9 Statistical analysis of radiation data recorded by an ionization chamber In this project, you are required to statistically analyze the data of radiation dose recorded by an ionization chamber experimentally in the research lab. Background of the problem: For measuring the radiation dose delivered to a body by a given radiation beam, an ionization chamber (detector) is used. An ionization chamber is made up...
Please show the way by Excel Data Analysis Tool Mike Wilde is president of the teachers’ union for Otsego School District. In preparing for upcoming negotiations, he is investigating the salary structure of classroom teachers in the district. He believes there are three factors that affect a teacher’s salary: years of experience, a teaching effectiveness rating given by the principal, and whether the teacher has a master’s degree. A random sample of 20 teachers resulted in the FILE4. Develop a...
the first two are the instructions to the assignment and the
last two are the data
MATH.1220 Management Calculus Project #1 Wal Mart Dry Goods Sales 2002-2003 The following items are a guide for responses to be addressed in project one. Note that WalMart's fiscal year starts the first week of February. This means that when analyzing the data, week 26 s actually week 30 (26+4 weeks for January) in 2002 or the end of July 2002. Also, week 52...
WalMart’s fiscal year starts the first week of February. This means that when analyzing the data, week 26 is actually week 30 (26+4 weeks for January) in 2002 or the end of July 2002. Also, week 52 is actually week 4 (52+4 weeks for January 2002 minus 52 weeks for 2002) in 2003 or the end of January 2003. As an example, the spike in sales (revenue) at week 75 occurs in week 27 (75+4 weeks for January 2002 minus...
AutoSave of Exam3 PartB_SP20_Due_04_24 - Excel File Home insert Draw Page Layout Formulas Data Review View Help Search ΑΙ Formula Bar с 1 Week Week D E F G H I J On 3a [10 points). Data set to your left (sheet On3a) contains information on weekly sales for a local grocery store over a 12-week period. Use the data set to answer the following questions 1. Construct a time series plot. What type of pattern exists in the data?...