[All Steps] Regression Problem Taltson Lake is in the Canadian Northwest Territories. This lake has many Northern Pike. The following data was obtained
Question: Regression Problem
Taltson Lake is in the Canadian Northwest Territories. This lake has many Northern Pike. The following data was obtained by two fishermen visiting the lake. Let x = length of a Northern Pike in inches and let y = weight in pounds.
| X | Y |
| 20 | 2 |
| 24 | 4 |
| 36 | 12 |
| 41 | 15 |
| 46 | 20 |
- Draw a scatter diagram. Using the scatter diagram (no calculations) would you estimate the linear correlation coefficient to be positive, close to zero, or negative? Explain your answer.
- For the given data compute each of the following.
- \(\bar{x}\) and \(\bar{v}\)
- \(\Sigma x, \Sigma y, \Sigma x^{2}, \Sigma y^{2}, \Sigma x y\)
- The slope \(b\) and \(y\) intercept \(a\) of the least squares line; write out the equation for the least squares line.
- Graph the least squares line on your scatter plot of problem 1
iii. Compute the sample correlation coefficient \(r\). Compute the coefficient of determination. Give a brief explanation of the meaning of the coefficient of determination in the context of this problem.
iv. Compute the standard error of estimate \(\mathrm{Se}\).
v. If a 32 inch Northern Pike is caught, what is the weight in pounds as predicted by the least squares line?
vi. Find a \(90 \%\) confidence interval for your prediction of Problem 5 .
vii. Using the sample correlation coefficient \(r\) computed in Problem 3, test whether or not the population correlation coefficient \(\rho\) is different from zero. Use \(\alpha=0.01\). Is \(r\) significant in this problem? Explain.
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