Exam 14: Simple Linear Regression
Exam 1: Data and Statistics72 Questions
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Exam 14: Simple Linear Regression119 Questions
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The following information regarding a dependent variable y and an independent variable x is provided: \Sigmax=90 y- (x-x)=-156 \Sigmay=340 \Sigma=234 n=4 (y-y=1974 =104 The mean square error (MSE) is
(Multiple Choice)
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You are given the following information about y and x. Dependent Variable (y) Independent Variable (x) 12 4 3 6 7 2 6 4 The least squares estimate of the intercept or b0 equals
(Multiple Choice)
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Below you are given a partial computer output based on a sample of 8 observations relating an independent variable (x) and a dependent variable (y). Coefficient Standard Error Intercept 13.251 10.77 0.803 0.385 SS Regression Error (Residual) 41.674 Total 71.875
a.
Develop the estimated regression equation.
b.
At α = .05, test for the significance of the slope.
c.
At α = .05, perform an F test.
d.
Determine the coefficient of determination.
(Essay)
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In regression analysis, the unbiased estimate of the variance is
(Multiple Choice)
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You are given the following information about y and x. Dependent Variable (y) Independent Variable (x) 5 1 4 2 3 3 2 4 1 5 The least squares estimate of the slope or b1 equals
(Multiple Choice)
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Regression analysis was applied between sales (in $10,000) and advertising (in $100) and the following regression function was obtained. = 50 + 8x
Based on the above estimated regression line, if advertising is $1000, then the point estimate for sales (in dollars) is
(Multiple Choice)
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A regression and correlation analysis resulted in the following information regarding a dependent variable (y) and an independent variable (x). \Sigmax=90 y- x- =466 \Sigmay=170 (x-=234 n=10 \Sigma=1434 =505.98 The coefficient of determination equals
(Multiple Choice)
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The following information regarding a dependent variable y and an independent variable x is provided: \Sigmax=90 y- (x-x)=-156 \Sigmay=340 \Sigma=234 n=4 (y-y=1974 =104 The sum of squares due to error (SSE) is
(Multiple Choice)
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Given below are five observations collected in a regression study on two variables, x (independent variable) and y (dependent variable). 2 4 3 4 4 3 5 2 6 1
a.
Develop the least squares estimated regression equation.
b.
At the .05 level of significance, perform a t test and determine whether or not the slope is significantly different from zero.
c.
Perform an F test to determine whether or not the model is significant. Let α = .05.
d.
Compute the coefficient of determination.
e.
Compute the coefficient of correlation.
(Essay)
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The following information regarding a dependent variable (y) and an independent variable (x) is provided. y x 4 2 3 1 4 4 6 3 8 5
SSE = 6
SST = 16
The coefficient of correlation is
(Multiple Choice)
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The proportion of the variation in the dependent variable y that is explained by the estimated regression equation is measured by the
(Multiple Choice)
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The following data shows the yearly income (in $1000) and age of a sample of seven individuals. Income (in \1 000) Age 20 18 24 20 24 23 25 34 26 24 27 27 34 27
a.
Develop the least squares regression equation.
b.
Estimate the yearly income of a 30-year-old individual. Give your answer in dollars.
c.
Compute the coefficient of determination.
d.
Use a t test to determine whether the slope is significantly different from zero. Let α = .05.
e.
At the .05 level, perform an F test and determine whether or not the model is significant.
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The interval estimate of the mean value of y for a given value of x is the
(Multiple Choice)
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Regression analysis was applied between sales data (y in $1000s) and advertising data (x in $100s) and the following information was obtained. =12+1.8x n=17 =225 =75 =.2683
Based on the above estimated regression equation, if advertising is $3000, then the point estimate for sales (in dollars) is
(Multiple Choice)
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A regression analysis between sales (in $1000) and price (in dollars) resulted in the following equation: = 60 - 8x
The above equation implies that an
(Multiple Choice)
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In regression analysis, which of the following assumptions is not true about the error term ε?
(Multiple Choice)
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The interval estimate of an individual value of y for a given value of x is the
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In a simple linear regression analysis (where y is a dependent and x an independent variable), if the y-intercept is positive, then
(Multiple Choice)
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