Homework 7

Problem set 1:
3. Given are five observations collected in a regression study with two variables.
xi 2 4 5 7 8
yi 2 3 2 6 4
a. Develop a scatter diagram for these data.
b. Develop the estimated regression equation for these data.
c. Use the estimated regression equation to predict the value of y when x 4 .
16. The data from Exercise 3 follow. What percentage of the total sum of squares can
be accounted for by the estimated regression equation? What is the value of the
sample correlation coefficient?
24. The data from Exercise 3 follow.
a. What is the value of the standard error of the estimate?
b. Test for a significant relationship by using the t test. Use 0.05 .
c. Use the F test to test for a significant relationship. Use 0.05 . What is your
conclusion?
39. The data from Exercise 3 follow. Develop the 95% confidence interval when
x 3.
Problem set 2:
17. The following data are the grade point averages x and the monthly salaries y for
students who had obtained a bachelors degree in business administration with a
major in information systems.
GPA Monthly Salary ($)
2.6 2800
3.4 3100
3.6 3500
3.2 3000
3.5 3400
2.9 3100
a. Develop the estimated regression equation for these data.
b. Compute SST, SSR, SSE.
c. Compute the coefficient of determination r 2 . Comment on the goodness of
fit.
d. What is the value of the sample correlation coefficient?
25. The data from Exercise 17 follow.
a. Does the t test indicate a significant relationship between grade point average

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 and monthly salary? What is your conclusion? Use 0.05 .
b. Test for a significant relationship using the F test. What is your conclusion?
Use 0.05 .
c. Show the ANOVA table.
40. The data from Exercise 17 follow. Develop a 95% confidence interval estimate of
the mean starting salary for all students with a 3.0 GPA.

44. Given are data for two variables x and y.

xi 6 11 15 18 20
yi 6 8 12 20 30
a. Develop an estimated regression equation for these data.
b. Compute the residuals.
c. Develop a plot of the residuals against the independent variable x. Do the
assumptions about the error terms seem to be satisfied?