Discuss the below:
Q1: Determine the critical value of (CHI SQ) C2 with 1 degree of freedom in each of the following circumstances:
a) a n df C2
0.01 16 1
b) a n df C2
0.025 11 1
c) a n df C2
0.05 8 1
Q2: Fitting a straight line to a set of data yields the following prediction line:
Y_hat = 2 + 5Xi b0 b1
a) Interpret the meaning of the Y intercept, b0. X = 0
b) Interpret the meaning of the Y slope b1. Y = 0
c) Predict the mean value of Y for X = 3. X = 3
Q3: If SSR = 66 and SST = 88, compute the coefficient of determination, r^2, and interpret its meaning.
SSR 66 SST 88
So, 0% of the variation in the dependent variable can be explained by the
variation in the independent variable.
Q4: If SSR = 120 why is it impossible for SST to equal 110?
SSR 120 SST 110
Q5: Circulation is the lifeblood of the publishing business. The larger the sales of a magazine, the more it can charge advertisers. Recently, a circulation gap has appeared between the publishers' reports of magazines' newsstand sales and subsequent audits by the Audit Bureau of Circulations. The data in the file circulation.xls represents the reported and audited newsstand sales (in thousands) in 2001 for the following 10 magazines:
Magazine Reported (X) Audited (Y)
YM 621 299.6
CosmoGirl 359.7 207.7
Rosie 530 325
Playboy 492.1 336.3
Esquire 70.5 48.6
TeenPeople 567 400.3
More 125.5 91.2
Spin 50.6 39.1
Vogue 353.3 268.6
Elle 263.6 214.3
a) Construct a scatterplot of the data.
For these data b0 b1
b) Interpret the meaning of the slope, b1, in this problem.
c) Predict the mean audited newsstand sales for a magazine that reports newsstand sales of $400. $400