Exam 14: Simple Linear Regression

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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

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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

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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.

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In regression analysis, the unbiased estimate of the variance is

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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

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In a regression and correlation analysis, if r2 = 1, then

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Regression analysis was applied between sales (in $10,000) and advertising (in $100) and the following regression function was obtained. y^\hat { y } = 50 + 8x Based on the above estimated regression line, if advertising is $1000, then the point estimate for sales (in dollars) is

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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

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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

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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.

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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

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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​

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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

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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

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A regression analysis between sales (in $1000) and price (in dollars) resulted in the following equation: y^\hat { y } = 60 - 8x The above equation implies that an

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In regression analysis, which of the following assumptions is not true about the error term ε?

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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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If only MSE is known, you can compute 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

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