Question: Using the data below: xi 1 2 3 4 5 yi 3 7 5 11 14 (i) Find the regression line ( show your manual

Using the data below:

xi 1 2 3 4 5
yi 3 7 5 11 14

(i) Find the regression line (showyour manual calculation, and do not use Excel )

(ii) compute the standard error of the estimate

(iii) calculate the estimated standard deviation of b1, and

(iv) use the t-test to test if there is a linear relationship exist between x and y.

Use = .05.

PLEASE SHOW ALL HAND WRITTEN STEPS AND DO NOT USE EXCEL OR ANY SOFTWARE

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!

Q:

Given are five observations for two variables, x and y . Xi 1 2 3 4 5 yi 3 7 5 11 14 Item 2 Develop the estimated regression equation by computing the values of b 0and b 1using equations (14.6) and...

Q:

NIS Given are five observations for two variables, x and y. Xi 1 2 3 4 5 Yi 3 7 5 11 14 (1) Develop a scatter diagram for these data. (2) What does the scatter diagram developed in part (1) indicate...

Q:

Given are five observations for two variables, x and y . x i 1 2 3 4 5 y i 4 7 6 9 14 Which of the following scatter diagrams accurately represents the data? 1. 2. 3. SelectScatter diagram #1Scatter...

Q:

You may need to use the appropriatetechnologyto answer this question. Consider the data. x i 1 2 3 4 5 y i 3 7 5 12 14 (a) Compute the mean square error using equation s 2 = MSE =SSE/ n 2 . (Round...

Q:

Given are five observations for two variables, x and y . xi 1 2 3 4 5 yi 3 7 7 12 14 The estimated regression equation for these data is= 0.5 + 2.7 x . Compute SSE, SST, and SSR using the following...

Q:

Consider the data. x i 1 2 3 4 5 y i 3 8 5 11 14 (a)Compute the mean square error using equation s 2 = MSE = SSE n 2 . (Round your answer to two decimal places.)(b)Compute the standard error of the...

Q:

1. Given are five observations collected in a regression study on two variables. x i 2 6 9 13 20 y i 7 19 8 27 23 Develop the estimated regression equation for these data. = Use the estimated...

Q:

Given are five observations for two variables, x and y . x i 1 2 3 4 5 y i 4 7 6 10 13 (a)Develop a scatter diagram for these data. A scatter diagram has 5 points plotted on it. The horizontal axis...

Q:

Given are five observations for two variables, x and y . x i 1 2 3 4 5 y i 4 7 6 10 13 (a) Develop a scatter diagram for these data. A scatter diagram has 5 points plotted on it. The horizontal axis...

Q:

Given are five observations for two variables,X and Y. Given are five observations for two variables, x and y. C 1 2 3 4 5 yi 4 7 7 10 14 The estimated regression equation for these data is y = 1.5 +...

Q:

Discuss cultural differences in job satisfaction and organizational commitment.

Q:

How to write the findings/conclusions for Horizontal Analysis & Vertical Analysis based on below Balance Sheet Statement? Image 1- Vertical Analysis, Image 2- Horizontal Analysis Image 1: Image...

Q:

. Bad debts Recovered $ 1 , 0 0 0 . It will be Answer: a . Credited to Bad debts A / c b . Credited to debtor s personal A / c c . Debited to creditor s personal A / c d . Credited to bad debts...

Q:

can someone please help with this Instructions to students For each of the following questions, explain how you reached the selected answer (20 points) Exposure (people/ad Cost commercial) 20,000...

Q:

The quality of the argumentation

Q:

The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

Q:

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.