The data in table 1 gives the bushels of corn per acre (Y,) resulting from the...

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The data in table 1 gives the bushels of corn per acre (Y,) resulting from the use of various amounts of fertilizer in pounds per acre (X,),produced on a farm in each of the 10 years from 2001 to 2010. Table 1: Corn (Y) produced with fertilizer used (X) Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 40 44 46 48 52 58 60 68 74 6 10 12 14 16 18 22 24 26 Y 80 X, 32 State the general relationship between the Corn (Y) and Fertilizer (X) in the stochastic form and estimate the regression equation by use of Ordinary Least Square (OLS) method and interpret the meaning of the parameters estimated [6 marks] From the Corn-Fertilizer data in table 1 above find standard errors; S(u) =,, S(b) and S(6) [4marks] State the null and alternative hypotheses; test the statistical significance of the parameters of the regression equation estimated in (i) above at 5% level, construct the 95% confidence intervals for the parameters and state the degrees of freedom. [7marks] iv). Find R for the estimated com-fertilizer regression in (i) above and interpret its value. [3marks] i). ii). iii). The data in table 1 gives the bushels of corn per acre (Y,) resulting from the use of various amounts of fertilizer in pounds per acre (X,),produced on a farm in each of the 10 years from 2001 to 2010. Table 1: Corn (Y) produced with fertilizer used (X) Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 40 44 46 48 52 58 60 68 74 6 10 12 14 16 18 22 24 26 Y 80 X, 32 State the general relationship between the Corn (Y) and Fertilizer (X) in the stochastic form and estimate the regression equation by use of Ordinary Least Square (OLS) method and interpret the meaning of the parameters estimated [6 marks] From the Corn-Fertilizer data in table 1 above find standard errors; S(u) =,, S(b) and S(6) [4marks] State the null and alternative hypotheses; test the statistical significance of the parameters of the regression equation estimated in (i) above at 5% level, construct the 95% confidence intervals for the parameters and state the degrees of freedom. [7marks] iv). Find R for the estimated com-fertilizer regression in (i) above and interpret its value. [3marks] i). ii). iii).

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i The general relationship between Corn Y and Fertilizer X in the stochastic form can be expressed a... View the full answer