I have the correct answer but I want to know how to solve it step by step, please help. Thanks
ID | X | Y |
A |
2 | 6 |
B | 5 | 4 |
C | 8 | 5 |
D | 6 | 2 |
E | 9 |
4 |
1) What is the obtained F-ratio? (correct answer: 0.474)
2) What can you conclude with ANOVA? (correct answer: Fail to reject the null, p> 0.01; Type II error is possible)
3) What is the standard deviation of Y for the sample? (correct answer: 1.33)
4) What is the standard error of the estimate for the sample? (correct answer: 1.23)
Ans:
a)
Regression equation:
Y'=-0.2x+5.4
ID | X | Y | Y' | (y-y')^2 | (Y'-4.2)^2 | (Y-4.2)^2 |
A | 2 | 6 | 5 | 1 | 0.64 | 3.24 |
B | 5 | 4 | 4.4 | 0.16 | 0.04 | 0.04 |
C | 8 | 5 | 3.8 | 1.44 | 0.16 | 0.64 |
D | 6 | 2 | 4.2 | 4.84 | 0 | 4.84 |
E | 9 | 4 | 3.6 | 0.16 | 0.36 | 0.04 |
Total | 30 | 21 | 21 | 7.6 | 1.2 | 8.8 |
Source | SS | df | MS | F |
regression | 1.2 | 1 | 1.200 | 0.474 |
error | 7.6 | 3 | 2.533 | |
total | 8.8 | 4 |
MS=SS/df
F=1.2/2.533=0.474
2)p-value=FDIST(0.474,1,3)=0.5406
Fail to reject null hypothesis,as p-value>0.01
3)standard deviation for y=1.33
(use stdevp excel function)
4)standard error of estimate=sqrt(7.6/5)=1.23
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