Question: In your initial post, address the following items: Cars data frame ( showing only the first five observations ) table [ [ , Unnamed:
In your initial post, address the following items: Cars data frame showing only the first five observations
tableUnnamed: mpgcyldisp,hpdrat,wtqsec,vsamgear,carbCadillac Fleetwood,Camaro ZMerc CChrysler Imperial,Datsun with Axes
OLS Regression Results
Warnings:
Standard Errors assume that the covariance matrix of the errors is correctly specified.In your initial post, address the following items:
You created a scatterplot of miles per gallon against weight;
check to make sure it was included in your attachment. Does
the graph show any trend? If yes, is the trend what you
expected? Why or why not? See Step in the Python script.
What is the coefficient of correlation between miles per gallon
and weight? What is the sign of the correlation coefficient?
Does the coefficient of correlation indicate a strong
correlation, weak correlation, or no correlation between the
two variables? How do you know? See Step in the Python
script.
Write the simple linear regression equation for miles per gallon
as the response variable and weight as the predictor variable.
How might the car rental company use this model? See Step
in the Python script.
What is the slope coefficient? Is this coefficient significant at a
level of significance alphaHint: Check the Pvalue,
for weight in the Python output. See Step in the
Python script.
You created a scatterplot of miles per gallon against weight;
check to make sure it was included in your attachment. Does
the graph show any trend? If yes, is the trend what you
expected? Why or why not? See Step in the Python script.
What is the coefficient of correlation between miles per gallon
and weight? What is the sign of the correlation coefficient?
Does the coefficient of correlation indicate a strong
correlation, weak correlation, or no correlation between the
two variables? How do you know? See Step in the Python
script.
Write the simple linear regression equation for miles per gallon
as the response variable and weight as the predictor variable.
How might the car rental company use this model? See Step
in the Python script.
What is the slope coefficient? Is this coefficient significant at a
level of significance alphaHint: Check the Pvalue,
for weight in the Python output. See Step in the
Python script.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
