Question: Consider the following sample data: x 12 23 11 20 14 y 20 12 17 13 18 a. Construct a scatterplot and verify that estimating

Consider the following sample data:

x 12 23 11 20 14

y 20 12 17 13 18

a. Construct a scatterplot and verify that estimating a simple linear regression is appropriate.

(Click to select)

The scatterplot shows that x and y appear to have a positive linear relationship.

The scatterplot shows that x and y appear to have a negative linear relationship.

The scatterplot shows that x and y appear to have no linear relationship.

b. Calculateb0andb1. What is the sample regression equation? Predictyifxequals 15.(Negative values should be indicated by a minus sign. Round answers to 2 decimal places.)

=_______+ ________x

x

15 _______

c. Interpret the value of the slope coefficient, b1.

(Click to select)

Asyincreases by 1 unit,xis predicted to decrease by 0.59 units.

Asxincreases by 1 unit,yis predicted to increase by 25.45 units.

Asxincreases by 1 unit,yis predicted to decrease by 0.59 units.

Asyincreases by 1 unit,xis predicted to increase by 25.45 units.

d. Calculatese.(Round answerto 2 decimal places.)

__________

e. Calculate R2.(Round answerto 3decimal places.)

___________

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!