Exam 13: Simple Linear Regression

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Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses. Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses.    -The coefficient of determination for the regression of y on x,rounded to three decimal places,is: -The coefficient of determination for the regression of y on x,rounded to three decimal places,is:

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Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses. Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses.    -Suppose we have information on the ages (in years)and the prices of a sample of houses.In the regression of price on age for these data,the value of a will represent: -Suppose we have information on the ages (in years)and the prices of a sample of houses.In the regression of price on age for these data,the value of a will represent:

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Use the following to answer questions : The following table lists the monthly incomes (in hundreds of dollars)and the monthly rents paid (in hundreds of dollars)by a sample of six families. Use the following to answer questions : The following table lists the monthly incomes (in hundreds of dollars)and the monthly rents paid (in hundreds of dollars)by a sample of six families.    -The null hypothesis is that the slope of the population regression line of monthly rent on monthly income is zero and the alternative hypothesis is that the slope of this population regression line is greater than zero.The significance level is 1%.What is the value of the test statistic,t,rounded to three decimal places? -The null hypothesis is that the slope of the population regression line of monthly rent on monthly income is zero and the alternative hypothesis is that the slope of this population regression line is greater than zero.The significance level is 1%.What is the value of the test statistic,t,rounded to three decimal places?

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Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses. Use the following to answer questions : The following table lists the ages (in years)and the prices (in thousands of dollars)by a sample of six houses.    -For the regression of price on age,the estimated values of A and B,rounded to two decimal places,are: -For the regression of price on age,the estimated values of A and B,rounded to two decimal places,are:

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A perfect negative correlation means:

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