Run a regression analysis on the following bivariate set of data with y as the response variable. x y 74.9 31.5 76.7 29 83.7 25.4 55.7 56 82.6 32.2 81.4 7.3 62.4 44.9 70.6 30.1 83.3 33.6 81.6 25 71.5 25.6 76.9 27.5 Predict what value (on average) for the response variable will be obtained from a value of 57.7 as the explanatory variable. Use a significance level of ??? = 0.05 to assess the strength of the linear correlation. What is the predicted response value? y = (Report answer accurate to one decimal place.)
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Step 1
First, we need to find the linear regression equation, which is in the form of $y = a + bx$. To do this, we need to calculate the slope (b) and the y-intercept (a). Show more…
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Run regression analysis on the following bivariate set of data with y as the response variable. Predict what value (on average) for the response variable will be obtained from explanatory variable value of 57.7 as the. Use significance level of 0.05 to assess the strength of the linear correlation. What is the predicted response value? (Report answer accurate to one decimal place.)
Madhur L.
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