Weeds among the corn Refer to Exercise 13.

(a) Construct and interpret a 90% confidence interval for the slope of the true regression line. Explain how your results are consistent with the significance test in Exercise 13.

(b) Interpret each of the following in context:

(i) 8

(ii) r2

(iii) The standard error of the slope

Short Answer

Expert verified

a) (-2.1046,-0.0928)

b) (i) The expected error when making predictions using the regression line is about 7.97665bushels.

(ii) 20.9%of the variation between the variables has been explained by the linear regression line.

(iii) The slope of the least-squares regression line is expected to vary on average by 0.5823over all possible samples.

Step by step solution

01

Part(a) Step 1: Given Information

Given:

n=16

b=-1.0987

SEb=0.5712

02

Part(a) Step 2: Explanation

The degrees of freedom is the sample size decreased by 2:

df=n-2=16-2=14

The critical t-value can be found in table B in the row of df=14and in the column of c=90%:

t*=1.761

The boundaries of the confidence interval then become:

localid="1650694151582" b-t*×SEb=-1.0987-1.761×0.5712=-2.1046

localid="1650694166451" b+t*×SEb=-1.0987+1.761×0.5712=-0.0928

03

Part(b) Step 1: Given Information

Given:

s=7.97665

r2=20.9%=0.209

SEb=0.5823

04

Part(b) Step 2: Explanation

Given:

s=7.97665

r2=20.9%=0.209

SEb=0.5823

(i) s=7.97665indicates that the expected error when making predictions using the regression line is about 7.97665bushels.

(ii) r2=20.9%indicates that 20.9%of the variation between the variables has been explained by the linear regression line.

(iii) SEb=0.5823indicates that the estimation of the slope of the least-squares regression line is expected to vary on average by 0.5823over all possible samples.

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Most popular questions from this chapter

A standard deck of playing cards contains 52cards, of which 4are aces and 13are hearts. You are offered a choice of the following two wagers:

I. Draw one card at random from the deck. You win \(10if the card drawn is an ace. Otherwise, you lose \)1.

II. Draw one card at random from the deck. If the card drawn is a heart, you win \(2. Otherwise, you lose \)1.

Which of the two wagers should you prefer?

(a) Wager 1, because it has a higher expected value

(b) Wager 2, because it has a higher expected value

(c) Wager 1, because it has a higher probability of winning

(d) Wager 2, because it has a higher probability of winning

(e) Both wagers are equally favorable.

Which of the following sampling plans for estimating the proportion of all adults in a medium-sized town who favor a tax increase to support the local school system does not suffer from undercoverage bias?

(a) A random sample of 250names from the local phone book

(b) A random sample of 200parents whose children attend one of the local schools

(c) A sample consisting of 500people from the city who take an online survey about the issue

(d) A random sample of 300homeowners in the town

(e) A random sample of 100people from an alphabetical list of all adults who live in the town

A 95%confidence interval for the population slope βis

(a) 1.0466±149.5706.

(b) 1.0466±0.2415.

(c) 1.0466±0.2387.

(d) 1.0466±0.1983.

(e) 1.0466±0.1126.

Is there significant evidence that selling price increases as appraised value increases? To answer this question, test the hypotheses

(a) H0:β=0versusHa:β>0..

(b) H0:β=0versusHa:β<0

(c) H0:β=0versusHa:β0

(d) H0:β>0versusHa=β=0.

(e)Hx:β=1versus.H·θ>1

Boyle’s law Refers to Exercise 34. Here is Minitab output from separate regression analyses of the two sets of transformed pressure data:

Do each of the following for both transformations.

(a) Give the equation of the least-squares regression line. Define any variables you use.

(b) Use the model from part (a) to predict the pressure in the syringe when the volume is 17 cubic centimeters. Show your work.

(c) Interpret the value of s in context.

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