Question: 1. The following sample observations were randomly selected : x: 1 19 11 16 17 11 8 2 y: 20 12 1 7 6 12
1. The following sample observations were randomly selected :
| x: | 1 | 19 | 11 | 16 | 17 | 11 | 8 | 2 |
| y: | 20 | 12 | 1 | 7 | 6 | 12 | 11 | 13 |
a. Not available in connect.
b. Determine the regression equation. ( Negative answers should be indicated by minus sign. Do not round intermediate calculations and round the final answers to 4 decimal places.)
b= ------ a= -------
y'= ------- + -------- x
c. Determine the value of y' when x is 3 ( Use the part b rounded answers to calculate the answers. Round the final answers to 4 decimal places.)
2. The Sally Coffee Shop is considering closing one hour earlier in the evening through the week. Sally obtained the following data from a study taken last week of the number of customers between the hours of 10 and 11p.m., and the dollar value spent.( Round the final answers to 3 decimal places)
| x: | 17 | 17 | 12 | 9 | 10 |
| y: | 10 | 9 | 19 | 20 | 14 |
a. Determine the Standard error of estimate.
b. Suppose a large sample is selected ( instead of just five). About 68% of the predictions would be between what two values? Assuming that the Standard Error of Estimate does not change.
y' ------
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