Question

A sociologist is interested in the relation between x = number of job changes and y...

A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information.

x (number of job changes) 4 3 5 6 1 5 9 10 10 3
y (Salary in $1000) 38 34 31 32 32 38 43 37 40 33

In this setting we have ?x = 56, ?y = 358, ?x2 = 402, ?y2 = 12,960, and ?xy = 2079.

(a) Find x, y, b, and the equation of the least-squares line. (Round your answers for x and y to two decimal places. Round your least-squares estimates to four decimal places.)

x =
y =
b =
? = +  x


(b) Draw a scatter diagram displaying the data. Graph the least-squares line on your scatter diagram. Be sure to plot the point (x, y).

Submission Data


(c) Find the sample correlation coefficient r and the coefficient of determination. (Round your answers to three decimal places.)

r =
r2 =


What percentage of variation in y is explained by the least-squares model? (Round your answer to one decimal place.)
%

(d) Test the claim that the population correlation coefficient ? is positive at the 5% level of significance. (Round your test statistic to three decimal places and your P-value to four decimal places.)

t =
P-value =


Conclusion

Reject the null hypothesis. There is sufficient evidence that ? > 0.Reject the null hypothesis. There is insufficient evidence that ? > 0.    Fail to reject the null hypothesis. There is sufficient evidence that ? > 0.Fail to reject the null hypothesis. There is insufficient evidence that ? > 0.


(e) If someone had x = 8 job changes, what does the least-squares line predict for y, the annual salary? (Round your answer to two decimal places.)
thousand dollars

(f) Find Se. (Round your answer to two decimal places.)
Se =  

(g) Find a 95% confidence interval for the annual salary of an individual with x = 8 job changes. (Round your answers to two decimal places.)

lower limit     thousand dollars
upper limit     thousand dollars


(h) Test the claim that the slope ? of the population least-squares line is positive at the 5% level of significance. (Round your test statistic to three decimal places and your P-value to four decimal places.)

t =
P-value =

Homework Answers

Answer #1
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.658567891
R Square 0.433711668
Adjusted R Square 0.362925626
Standard Error 3.188240199
Observations 10
ANOVA
df SS MS F Significance F
Regression 1 62.28099548 62.28099548 6.127078986 0.03839229
Residual 8 81.31900452 10.16487557
Total 9 143.6
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 31.09954751 2.149997363 14.46492356 5.10513E-07 26.1416447
x 0.839366516 0.339097744 2.475293717 0.03839229 0.057405715

a)

xbar =5.6

ybar = 35.8

b = 0.839366516 = 0.8394

y = 31.0995 + 0.8394 *x

b)

c)

r = 0.65856 = 0.6586

r^2 = 0.4337

hence

100* r^2 % = 43.37 % is explained

d)

t = 2.475

p-value= 0.03839/2 = 0.019195 = 0.0192

e)

y = 31.0995 + 0.8394 *x

= 31.0995 + 0.8394 *8 = 37.8147

f)

se = 3.18824 = 3.19

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 4 7 5 6 1 5 9 10 10 3 y (Salary in $1000) 34 33 32 32 32 38 43 37 40 33 In this setting we have Σx = 60,...
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 7 4 5 6 1 5 9 10 10 3 y (Salary in $1000) 38 32 34 32 32 38 43 37 40 33 Σx = 60; Σy = 359; Σx2 =...
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 3 5 4 6 1 5 9 10 10 3 y (Salary in $1000) 37 32 34 32 32 38 43 37 40 33 Σx = 56; Σy = 358; Σx2 =...
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 6 5 4 6 1 5 9 10 10 3 y (Salary in $1000) 37 34 35 32 32 38 43 37 40 33 In this setting we have Σx = 59,...
A sociologist is interested in the relation between x = number of job changes and y...
A sociologist is interested in the relation between x = number of job changes and y = annual salary (in thousands of dollars) for people living in the Nashville area. A random sample of 10 people employed in Nashville provided the following information. x (number of job changes) 6 5 4 6 1 5 9 10 10 3 y (Salary in $1000) 37 34 35 32 32 38 43 37 40 33 In this setting we have Σx = 59,...
11.4 #7 Let x be a random variable that represents the batting average of a professional...
11.4 #7 Let x be a random variable that represents the batting average of a professional baseball player. Let y be a random variable that represents the percentage of strikeouts of a professional baseball player. A random sample of n = 6 professional baseball players gave the following information. x 0.328 0.270 0.340 0.248 0.367 0.269 y 3.2 7.8 4.0 8.6 3.1 11.1 (a) Find ?x, ?y, ?x2, ?y2, ?xy, and r. (Round r to three decimal places.) ?x =...
An economist is studying the job market in Denver area neighborhoods. Let x represent the total...
An economist is studying the job market in Denver area neighborhoods. Let x represent the total number of jobs in a given neighborhood, and let y represent the number of entry-level jobs in the same neighborhood. A sample of six Denver neighborhoods gave the following information (units in hundreds of jobs). x 18 31 51 28 50 25 y 1 4 7 5 9 3 Complete parts (a) through (e), given Σx = 203, Σy = 29, Σx2 = 7795,...
The following observations are obtained from a random sample of 10 individuals: Individual x y 1...
The following observations are obtained from a random sample of 10 individuals: Individual x y 1 9.08 5.25 2 4.23 3.58 3 6.88 4.75 4 10.3 5.38 5 8.09 4.27 6 10.6 5.79 7 4.50 3.41 8 8.32 5.75 9 7.17 4.74 10 9.45 5.43 Run a t-linear regression test on this data. (HINT: make sure you copy the numbers correctly!) What are the appropriate null and alternative hypotheses? H0:r=0H1:r≠0 H0:ρ=0H1:ρ<0 H0:ρ=0H1:ρ≠0 H0:r=0H1:r>0 H0:r=0H1:r<0 H0:ρ=0H1:ρ>0 What is the correlation coefficient?...
Prehistoric pottery vessels are usually found as sherds (broken pieces) and are carefully reconstructed if enough...
Prehistoric pottery vessels are usually found as sherds (broken pieces) and are carefully reconstructed if enough sherds can be found. An archaeological study provides data relating x = body diameter in centimeters and y = height in centimeters of prehistoric vessels reconstructed from sherds found at a prehistoric site. The following Minitab printout provides an analysis of the data. Predictor Coef SE Coef T P Constant -0.224 2.429 -0.09 0.929 Diameter 0.7527 0.1471 4.15 0.003 S =  4.07980       R-Sq = 74.2% (a)...
For the data set shown below, complete parts (a) through (d). X Y 20 102 30...
For the data set shown below, complete parts (a) through (d). X Y 20 102 30 97 40 93 50 83 60 72 (a) Find the estimates of Bo and B1. Bo=bo= _____ (Round to three decimal places as needed.) B1=b1= ______(Round to four decimal places as needed.) (b) Compute the standard error the point estimate for se= ____ (c) Assuming the residuals are normally distributed, determine Sb1=____ (Round to four decimal places as needed.) (d) Assuming the residuals are...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT