LESSON 8: Simple Linear Regression Assignments Read and study Chapter 11 in the textbook. Then solve exercise
LESSON 8: Simple Linear Regression
Assignments
Read and study Chapter 11 in the textbook. Then solve exercise problems I through 10
For exercise problems 1 through 5, use the following pairs of values.
x 2 4 5 6 8 11 12
y -3 -1 -1 2 5 6 8
- Find the equation for the regression of x on y.
- Find the predicted value of y when x = 7.
- Find a 95% confidence interval for the slope of the regression equation.
- Find a 99% confidence interval for the mean of y given x = 10.
- Calculate the coefficient of determination. Is there a strong relationship between x and y?
#6) The following table is similar to Table 11.3. It is used for making the preliminary computations for finding the least squares line
(e) Find the least squares line.
#7) Predicting sale prices of homes. Refer to the data on sale prices and total appraised values of 92 residential properties in art upscale Tampa, Florida, neighborhood, Exercise 11.18 (p. 606). A SAS simple linear regression printout for the analysis is given below:
(a) Specify Ho and Ha for testing whether there is positive linear relationship between appraised property value x and sale price y for residential properties sold in this neighborhood.
(c) Find a 95% confidence interval for the slope, \({{\beta }_{1}}\) on the printout. Interpret the result practically.
#8, #9 and #10) Consider the following pairs of measurements:
a. Construct a scattergram for these data.
b. Find the least squares line, and plot it on your scattergram.
c. Find s 2 .
d. Find a 90% confidence interval for the mean value of y when x = 4. Plot the upper and lower bounds of the confidence interval on your scattergram.
e. Find a 90% prediction interval for a new value of y when x = 4. Plot the upper and lower bounds of the prediction interval on your scattergram.
f. Compare the widths of the intervals you constructed in parts d and e. Which is wider and why?
Deliverable: Word Document
