Exam 13: Linear Regression and Correlation

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The coefficient of determination is the square root of the coefficient of correlation.

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A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected: A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected:   What is the Y-intercept of the linear equation? What is the Y-intercept of the linear equation?

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A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected: A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected:   What is the slope of the linear equation? What is the slope of the linear equation?

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If the correlation coefficient between two variables equals zero,what can be said of the variables X and Y?

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What is the general form of the regression equation?

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What is the technique used to predict or estimate the value of the dependent variable Y based on a selected value of an independent variable X called? __________________________

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Assume the least squares equation is Assume the least squares equation is   = 10 + 20X.What does the value of 10 in the equation indicate? = 10 + 20X.What does the value of 10 in the equation indicate?

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Select a value for the correlation coefficient and provide a complete interpretation of the correlation coefficient using your selected value.

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Perfect correlation means that the scatter diagram will appear as a ______________________.

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Explained variation equals total variation minus unexplained variation.

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What variation does the coefficient of determination measure? _______

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A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected: A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected:   What is the independent variable? What is the independent variable?

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What does a coefficient of correlation of 0.70 infer?

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The strength of the correlation between two variables depends on the sign of the coefficient of correlation.

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A confidence interval is narrower than a prediction interval because a confidence interval estimates a mean Y instead of an individual Y for a given X.

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Which value of r indicates a stronger correlation than 0.40?

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A regression analysis yields the following information: A regression analysis yields the following information:   Compute the 95% prediction interval when X = 4. Compute the 95% prediction interval when X = 4.

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The values of a and b in the regression equation are called the regression coefficients.

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A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected: A sales manager for an advertising agency believes there is a relationship between the number of contacts and the amount of the sales.To verify this belief,the following data was collected:   What is the dependent variable? What is the dependent variable?

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What are the input and the output of linear regression?

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