The following data are the monthly salaries y and the grade point averages x for students who obtained a bachelor’s degree in business administration. • The table is provided to help you organize your work, but it does not need to be entered into Canvas and will not be graded. • Find the answers to the questions given and enter them into Canvas. Most will be graded automatically, but for some you will need to wait for me to grade them manually. Observation index (i) GPA xi Salary yi 𝒙𝒊 − 𝒙̅ 𝒚𝒊 − 𝒚̅ (𝒙𝒊 − 𝒙̅) ∗ (𝒚𝒊 − 𝒚̅ ) (𝒙𝒊 − 𝒙̅)𝟐 𝒚𝒊̂ 𝒚𝒊̂ − 𝒚̅ (𝒚𝒊̂ − 𝒚̅ )𝟐 𝒆𝒊 = 𝒚𝒊 − 𝒚𝒊̂please answer questions 3 through 10. (Calculate the value 𝒚𝒊̂ 1-6)
y and the grade point averages x for students who obtained a bachelor's degree in business administration. The table is provided to help you organize your work, but it does not need to be entered into Canvas and will not be graded. Find the answers to the questions given and enter them into Canvas. Most will be graded automatically, but for some you will need to wait for me to grade them manually
Ohset- vation GPA Salary index xi yi
y= =y
(xx) (xx) (yy)
y.
y.y , y e; * ( .) (yy y. -y.
1
2.6 3300 3.4 3600 3.6 4000 3.2 3500 3.5 3900 2.9 3600
3
6 Totals
SSR
SSE
TSS
1. Calculate .
2.Calculate y.
3. Use the least squares method to develop the estimated regression equation. Use two decimal points in your answers for bo and b.. Type the answer as a formula with two decimal places in each numbcr.
9 =
4. Calculate the value of y.. 5. Calculate the value of 2 6. Calculate the value of y3. 7. Calculate the value of 8. Calculate the value of ys 9. Calculate the value of ys .
10. Compute the Sum of Squares Due to Regression, known as SSR