Exam 14: Simple Linear Regression Analysis
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Exam 14: Simple Linear Regression Analysis147 Questions
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The following results were obtained from a simple regression analysis:
Ŷ = 37.2895 - 1.2024X
r2 = .6744 sb = .2934
For each unit change in X (independent variable),what is the estimated change in Y (dependent variable)?
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The residual is the difference between the observed value of the dependent variable and the predicted value of the dependent variable.
(True/False)
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For the same set of observations on a specified dependent variable,two different independent variables were used to develop two separate simple linear regression models.A portion of the results is presented below. Model 1 Model 2 =.92 =.85 s=1.65s=1.91
Based on the results given above,we can conclude that:
(Multiple Choice)
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A local tire dealer wants to predict the number of tires sold each month.He believes that the number of tires sold is a linear function of the amount of money invested in advertising.He randomly selects 6 months of data consisting of tire sales (in thousands of tires)and advertising expenditures (in thousands of dollars).Based on the data set with 6 observations,the simple linear regression model yielded the following results.
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The ___________ of the simple linear regression model is the value of y when the mean value of x is zero.
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A multiple regression model was applied to a data set with 8 time ordered observations.The residuals for these observations are given below.
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Which of the following is a violation of one of the major assumptions of the simple regression model?
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Consider the following partial computer output from a simple linear regression analysis.
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A local tire dealer wants to predict the number of tires sold each month.He believes that the number of tires sold is a linear function of the amount of money invested in advertising.He randomly selects 6 months of data consisting of tire sales (in thousands of tires)and advertising expenditures (in thousands of dollars).Based on the data set with 6 observations,the simple linear regression equation of the least squares line is ŷ = 3 + 1x.
(Essay)
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A local tire dealer wants to predict the number of tires sold each month.He believes that the number of tires sold is a linear function of the amount of money invested in advertising.He randomly selects 6 months of data consisting of monthly tire sales (in thousands of tires)and monthly advertising expenditures (in thousands of dollars).The simple linear regression equation is ŷ = 3 + 1x.The dealer randomly selects one of the six observations,with a monthly sales value of 8000 tires and monthly advertising expenditures of $7000.Calculate the value of the residual for this observation.
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The least squares simple linear regression line minimizes the sum of the vertical deviations between the line and the data points.
(True/False)
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Which of the following is a violation of the independence assumption?
(Multiple Choice)
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The simple linear regression (least squares method)minimizes:
(Multiple Choice)
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Use the following results obtained from a simple linear regression analysis with 12 observations.
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A local tire dealer wants to predict the number of tires sold each month.He believes that the number of tires sold is a linear function of the amount of money invested in advertising.He randomly selects 6 months of data consisting of tire sales (in thousands of tires)and advertising expenditures (in thousands of dollars).Based on the data set with 6 observations,the simple linear regression equation of the least squares line is ŷ = 3 + 1x.
(Essay)
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An experiment was performed on a certain metal to determine if the strength is a function of heating time.Results based on 10 metal sheets are given below.Use the simple linear regression model.
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Consider the following partial computer output from a simple linear regression analysis with a sample size of 16 observations.Find the t test to test the significance of the model.
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In a simple linear regression model,the coefficient of determination not only indicates the strength of the relationship between the independent and dependent variables,but also shows whether the relationship is positive or negative.
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