Exam 11: Correlation Coefficient and Simple Linear Regression Analysis
Exam 1: An Introduction to Business Statistics63 Questions
Exam 2: Descriptive Statistics286 Questions
Exam 3: Probability177 Questions
Exam 4: Discrete Random Variables141 Questions
Exam 5: Continuous Random Variables167 Questions
Exam 6: Sampling Distributions119 Questions
Exam 7: Confidence Intervals226 Questions
Exam 8: Hypothesis Testing192 Questions
Exam 9: Statistical Inferences Based on Two Samples168 Questions
Exam 10: Experimental Design and Analysis of Variance155 Questions
Exam 11: Correlation Coefficient and Simple Linear Regression Analysis190 Questions
Exam 12: Multiple Regression and Model Building222 Questions
Exam 13: Nonparametric Methods112 Questions
Exam 14: Chi-Square Tests101 Questions
Exam 15: Decision Theory97 Questions
Exam 16: Time Series Forecasting152 Questions
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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. = 30 = 104 = 40 = 178 = 134
-Calculate the coefficient of determination.
(Essay)
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Test to determine if there is a significant correlation between x and y Use H0: ? = 0 versus Ha: ? ? 0 by setting
= .01
Reject the null hypothesis,there is a significant correlation between x and y
(Essay)
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The _____ of the simple linear regression model is the mean value of y when x = 0.
(Essay)
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Consider the following partial computer output from a simple linear regression analysis: Predictor Coef SE Coef Constant 5566.1 254.0 21.91 0.000 Independent Var -210.35 24.19 - S = _________ R-Sq =
Analysis of Variance Source DF SS MS F P Regression 1 3963719 3963719 75.59 0.000 Residual Error 14 \_\_\_ 52439 Total 15 \_\_\_
-Calculate the t statistic and then using appropriate rejection point,test H0:
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Consider the following partial computer output from a simple linear regression analysis. Predictor Coef SE Coef T P Constant 67.05 20.90 3.21 0.012 Independent Var 5.8167 0.7085 \_\_\_ 0.000 S = _________ R-Sq = _______
Analysis of Variance Source DF SS MS F P Regression 1 - 34920 67.39 0.000 Residual Error 8 - 518 Total 9 39065
-Calculate the t statistic and then using appropriate rejection point,test H0:
= 0 versus Ha:
? 0 by setting
= .001.What do you conclude about the relationship between y and x?
(Essay)
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Any value of the error term in a regression model must be _____ of any other value of the error term.
(Short Answer)
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Consider the following partial computer output from a simple linear regression analysis. Predictor Coef SE Coef T P Constant 67.05 20.90 3.21 0.012 Independent Var 5.8167 0.7085 \_\_\_ 0.000 S = _________ R-Sq = _______
Analysis of Variance Source DF SS MS F P Regression 1 - 34920 67.39 0.000 Residual Error 8 - 518 Total 9 39065
-What is the coefficient of determination?
(Essay)
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Consider the following partial computer output from a simple linear regression analysis. Variable Coefficient Std. Deviation Intercept -28.13 -.088 .9309 1.12 .04891 22.895 .0001 .9722
-What is the estimated y-intercept?
(Essay)
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A local tire dealer wants to predict the number of tires sold each month. The dealer believes that the number of tires sold is a linear function of the amount of money invested in advertising. The dealer 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.
= 24 =124 =42 =338 =196
-What is the value of regression sum of squares,or the explained variation?
(Multiple Choice)
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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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A local tire dealer wants to predict the number of tires sold each month.The dealer believes that the number of tires sold is a linear function of the amount of money invested in advertising.The dealer 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 = 3 + 1x. = 24 = 124 = 42 = 338 = 196
MSE = 4
-Using the sums of the squares given above,determine the 90% confidence interval for the mean value of monthly tire sales when the advertising expenditure is $5000.
(Essay)
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A data set with 7 observed pairs of data (x, y) yielded the following statistics. =21.57 =68.31 =188.9 =5140.23 =590.83
SSE = unexplained variation = 1.06
-What is the value of SSxx?
(Multiple Choice)
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A local tire dealer wants to predict the number of tires sold each month. The dealer believes that the number of tires sold is a linear function of the amount of money invested in advertising. The dealer 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.
= 24 =124 =42 =338 =196
-What is the degrees of freedom value associated with the error sum of squares,or unexplained variation?
(Multiple Choice)
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Determine the 95% confidence interval for the average strength of a metal sheet when the average heating time is 2.5 minutes.
(Essay)
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Which one of the following statements about the sample correlation coefficient is true?
(Multiple Choice)
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In simple regression analysis,the quantity
Is called the __________ variation.
(Multiple Choice)
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Consider the following partial computer output from a simple linear regression analysis: Predictor Coef SE Coef Constant 5566.1 254.0 21.91 0.000 Independent Var -210.35 24.19 - S = _________ R-Sq =
Analysis of Variance Source DF SS MS F P Regression 1 3963719 3963719 75.59 0.000 Residual Error 14 \_\_\_ 52439 Total 15 \_\_\_
-What is the estimated slope?
(Essay)
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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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