Homework 9 Solution

 

Page 428 # 14

 

(a) Scatter plot

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) Correlation coefficient

 

r = -0.8312962

 

(c) There is a strong negative linear correlation between the number of hours of TV watched and the test scores of students.

 

 

Page 430 # 28

 

(a)        H0: ρ = 0

            Ha: ρ ≠ 0

 

(b)        t0 = ± 1.812

 

(c)       

 

(d)        Reject H0.  There is enough evidence to conclude that a significant linear relationship between the two variables exists.

 

 

 

Page 438 #14

 

Equation of the regression line:

 

 

Scatter plot with regression line:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Predict values for y.  Are they meaningful?

 

 

x

Predicted y value

Meaningful?

4

77.70

Yes

8

61.43

Yes

9

57.36

Yes

15

32.96

No.  x= 15 is outside the range of the data, so it is not meaningful to make predictions for y for that x value.

 

 

Page 440 #22

 

Since x = 80, which is outside the range of the data, a prediction for y is not meaningful.  We have no information beyond x = 44; x = 80 is far outside the range of the data.

 

Page 449 #10

 

x

y

525

164

163.124

-41.7143

1740.082

-42.5903

1813.93244

.767376

510

179

186.149

-26.7143

713.6531

-19.5653

382.800405

51.1082

500

206

201.499

0.285714

0.081633

-4.21529

17.7686337

20.259

485

196

224.524

-9.71429

94.36735

18.80971

353.805352

813.6186

486

220

222.989

14.28571

204.0816

17.27471

298.415754

8.9341

487

231

221.454

25.28571

639.3673

15.73971

247.738606

91.1261

487

244

221.454

38.28571

1465.796

15.73971

247.738606

508.3221

 

 

 

4857.429

 

3362.19979

1494.136

 

 

(a)       

 

            69.2% of the variation in cigarettes exported by the US can be explained by the variation in the number of cigarettes consumed in the US.

 

(b)       

 

The standard deviation of the number of cigarettes exported for a specific number of cigarettes consumed is about 17,285,000,000.

 

 

Page 450 #18

 

The formula for the prediction interval is:

 

 

We can say with 95% confidence that the number of cigarettes exported when 490 billion are consumed will be between 168,435,400,000 and 264,926,600,000.

 

 

Page 456 #6

 

Given in the output from Minitab on the homework assignment sheet are:

 

R2=.998

 

se=0.1924

 

The standard deviation of the predicted equity given a specific net sales and total assets is $0.1924 billion.  The multiple regression model explains 99.8% of the variation in y.