Exam 9: Correlation and Regression

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If there is a strong negative linear relationship between the variables, the value of __________ will be close to -1. ________________________________________

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r

Using a regression line of y=17.3+34xy ^ { \prime } = 17.3 + 34 x , a value of x = 3.6 would result in a predicted value of y=31.7y ^ { \prime } = 31.7 .

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Ten pairs of points yielded a correlation coefficient rr of 0.790.79 . If α=0.05\alpha = 0.05 , which of the following statements is correct if H0:ρ=0\mathrm { H } _ { 0 } : \rho = 0 ? (Do not calculate a tt -value.)

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B

The following data list ages of cars (in years) and monthly repair cost (in dollars). What is the standard error of estimate ? Age Cost 3 25 5 35 7 55 9 50 11 75 14 85

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If the correlation coefficient r is equal to 0.48, find the coefficient of determination.

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A regression line was calculated as y=9.732xy ^ { \prime } = 9.7 - 32 x . The slope of this line is -3.2.

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If r=0.879r = - 0.879 and n=6n = 6 , test the significance of the correlation coefficient at =.05\neq = .05

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If there are three independent variables X1,X2,X3X _ { 1 } , X _ { 2 } , X _ { 3 } available, then the value of R2R ^ { 2 } for a multiple regression of yy using X1,X2,X3X _ { 1 } , X _ { 2 } , X _ { 3 } will always be smaller than the value of r2r ^ { 2 } for a multiple regression of yy using just X1X _ { 1 } .

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Compute the correlation coefficient for the data below X values -5 -2 6 11 12 Y values 3 2 -4 3 -2

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A regression line can be used to show trends in data.

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An analysis results in a multiple regression equation of y=93+23x1+4x2y ^ { \prime } = 93 + 23 x _ { 1 } + 4 x _ { 2 } We can conclude that

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The population correlation coefficient is computed by using all possible pairs of data values x, y taken from a population.

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The symbol used for the multiple correlation coefficient is R.

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A study was conducted to determine if there was a relationship between the prices a non-member of a club paid for various publications and the prices that a member paid for the same publications. The data collected is shown below. Determine the value of xy\sum x y Non-member Membel Price, x Price, y 58 32 42 22 46 20 32 16 25 19 75 58 35 34 63 48

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Compute the standard error of the estimate for the data below values -3 -2 4 6 8 Y values 3 6 -1 0 -3

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The standard error of estimate is the standard deviation of the observed x-values about the predicted The standard error of estimate is the standard deviation of the observed x-values about the predicted   values. values.

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The range of the correlation coefficient is from 0 to 1.

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If the equation for the regression line is y = 7x - 6, then a value of x = 3 will result in a predicted value for y of

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With enough variables, it is possible to get an R2\mathrm { R } ^ { 2 } value close to 1, even if the variables have no particular meaning in the model.

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What is the value of yy ^ { \prime } when x = 3, if the equation of the regression line is y=23.13.8x?y ^ { \prime } = 23.1 - 3.8 x ?

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