This document contains information about regression analyses performed on various datasets:
1. A regression analysis of 30 observations yielded an estimated regression equation relating the dependent variable y to the independent variables x1, x2, x3, and x4. The coefficients were interpreted and y was predicted for a given value of the independent variables.
2. A regression analysis was conducted relating the dependent variable y to the independent variables x1 and x2 using 10 observations. Estimated regression equations were developed for y relating to x1 alone and x2 alone. An equation relating y to both x1 and x2 was also developed.
3. The coefficients in an estimated regression equation involving two independent variables and 10 observations were interpreted
This document contains information about regression analyses performed on various datasets:
1. A regression analysis of 30 observations yielded an estimated regression equation relating the dependent variable y to the independent variables x1, x2, x3, and x4. The coefficients were interpreted and y was predicted for a given value of the independent variables.
2. A regression analysis was conducted relating the dependent variable y to the independent variables x1 and x2 using 10 observations. Estimated regression equations were developed for y relating to x1 alone and x2 alone. An equation relating y to both x1 and x2 was also developed.
3. The coefficients in an estimated regression equation involving two independent variables and 10 observations were interpreted
This document contains information about regression analyses performed on various datasets:
1. A regression analysis of 30 observations yielded an estimated regression equation relating the dependent variable y to the independent variables x1, x2, x3, and x4. The coefficients were interpreted and y was predicted for a given value of the independent variables.
2. A regression analysis was conducted relating the dependent variable y to the independent variables x1 and x2 using 10 observations. Estimated regression equations were developed for y relating to x1 alone and x2 alone. An equation relating y to both x1 and x2 was also developed.
3. The coefficients in an estimated regression equation involving two independent variables and 10 observations were interpreted
This document contains information about regression analyses performed on various datasets:
1. A regression analysis of 30 observations yielded an estimated regression equation relating the dependent variable y to the independent variables x1, x2, x3, and x4. The coefficients were interpreted and y was predicted for a given value of the independent variables.
2. A regression analysis was conducted relating the dependent variable y to the independent variables x1 and x2 using 10 observations. Estimated regression equations were developed for y relating to x1 alone and x2 alone. An equation relating y to both x1 and x2 was also developed.
3. The coefficients in an estimated regression equation involving two independent variables and 10 observations were interpreted
Download as XLSX, PDF, TXT or read online from Scribd
Download as xlsx, pdf, or txt
You are on page 1/ 9
Atienza Wilson T.
Engineering Data Analysis
CHE-210218-53894
1. In a regression analysis involving 30 observations, the following estimated
regression equation was obtained. � ̂=17.6+3.8𝑥_1−2.3𝑥_2+7.6𝑥_3+2.7𝑥_4 a. Interpret b₁, b₂, b₃, and b₄ in this estimated regression equation.
b₁= 3.8 - b2= 2.3 b3= 7.6 b4 = 2.7
b. Predict y when x₁ = 10, x₂ = 5, x₃ = 1, x₄ = 2
y = 57.1 2. Consider the following data for a dependent variable y and two independent variables x₁ and x₂. x₁ x₂ y 30 12 94 47 10 108 25 17 112 51 16 178 40 5 94 51 19 175 74 7 170 36 12 117 59 13 142 76 16 211
a. Develop an estimated regression equation relating y to x ₁. Estimate y if x ₁ = 45
SUMMARY OUTPUT
Regression Statistics Y to x₁ 250 Multiple R 0.812425 200 R Square 0.660035 f(x) = 1.9435711862x + 45.0593689924 150 R² = 0.6600351312 Adjusted R 0.61754 Standard Err 25.40092 100
Observation 10 50 0 20 30 40 50 60 70 80 ANOVA df SS MS F Significance F Regression 1 10021.2 10021 15.531843241 0.00429 Residual 8 5161.65 645.21 Total 9 15182.9
3. The estimated regression equation for a model involving two independent
variables and 10 observations follows. ŷ = 29.1270 + 0.5906x₁ + 0.4980x₂ a. Interpret b₁ and b₂ in this estimated regression equation. b1 = 0.5960 b2 = 0.4890
b. Predict y when x₁ = 180, x₂ = 310.
y = 29.1270 + 0.5906(180) + 0.4980(310) y = 289.815
Applications 4. A shoe store developed the following estimated regression equation relating sales to inventory investment and advertising expenditures ŷ = 25 + 10x₁ + 8x₂
where x1 = inventory investment ($1000s) x2 = advertising expenditures ($1000s) y = sales ($1000s)
a. Predict the sales resulting from a $15,000 investment in inventory and an
advertising budget of $10,000. ŷ = 25 + 10(15000) + 8(10000) y = 230025 b. Interpret b1 and b2 in this estimated regression equation. b₁ = 10 b₂ = 8 5. The owner of Showtime Movie Theaters, Inc. would like to estimate weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow.
b. Develop an estimated regression equation with both television
advertising and newspaper advertising as the independent variables. SUMMARY OUTPUT Regression Statistics Multiple R 0.958663 R Square 0.919036 Adjusted R 0.88665 Standard Err 0.642587 Observation 8 ANOVA df SS MS F Significance F Regressi 2 23.435 11.718 28.378 0.002 Residual 5 2.065 0.413 Total 7 25.500 CoefficientsStandard Error t Stat P-value Lower 95% Upper 95% Lower 99.0% Upper 99.0% Intercept 83.2301 1.5739 52.8825 0.0000 79.1843 87.2759 76.8840 89.5762 Television Advertising ($1000s) 2.2902 0.3041 7.5319 0.0007 1.5086 3.0718 1.0642 3.5162 Nespaper Advertising ($1000s) 1.3010 0.3207 4.0567 0.0098 0.4766 2.1254 0.0079 2.5941
ŷ = 83.2301 + 2.2902x₁ + 1.301x₂
c. Is the estimated regression equation coefficient for television
advertising expenditures the same part (a) and in part (b)? Interpret the coefficient in each case. The estimated regression equation coefficient is different. Coefficient in (a): b₁ = -0.0430 Coefficient in (b): b₁ = 2.2902; b₂ = 1.3010 d. Predict the weekly gross revenue for a week when $3500 is spent on television advertising and $1800 is spent on newspaper advertising. ŷ = 83.2301 + 2.2902x₁ + 1.301x₂ y = 93.5876
6. The National Basketball Association (NBA) records a variety of statistics for each team. Four of these statistics are the proportion of games won (PCT), the proportion of field goals made by the team (FG%), the proportion of the three-point shots made by the team's opponent (Opp 3 Pt%), and the number of turnovers committed by the team's opponent (Opp TO). The following data show the values of these statistics for the 29 teams in the NBA for a protion of the 2004 season (NBA website, January 3, 2004).
Opp 3 Pt Opp Team PCT FG% % Team PCT FG% Opp 3 Pt% Opp TO TO Atlanta 0.265 0.435 0.346 13.206 New Orleans 0.636 0.421 0.33 16.909 Boston 0.471 0.449 0.369 16.176 New York 0.412 0.442 0.33 13.588 Chicago 0.313 0.417 0.372 15.031 Orlando 0.242 0.417 0.36 14.242 Cleveland 0.303 0.438 0.345 12.515 Philadelphia 0.438 0.428 0.364 16.938 Dallas 0.581 0.439 0.332 15 Phoenix 0.364 0.438 0.326 16.515 Denver 0.606 0.431 0.366 17.818 Portland 0.484 0.447 0.367 12.548 Detroit 0.606 0.423 0.262 15.788 Sacramento 0.724 0.466 0.327 15.207 lden State 0.452 0.445 0.384 14.29 San Antonio 0.688 0.429 0.293 15.344 Houston 0.548 0.426 0.324 13.161 Seattle 0.533 0.436 0.35 16.767 Indiana 0.706 0.428 0.317 15.647 Toronto 0.516 0.424 0.314 14.129 . Clippers 0.464 0.424 0.326 14.357 Utah 0.531 0.456 0.368 15.469 .A. Lakers 0.724 0.465 0.323 16 Washington 0.3 0.411 0.341 16.133 Memphis 0.485 0.432 0.358 17.848 Miami 0.424 0.41 0.369 14.97 Milwaukee 0.5 0.438 0.349 14.75 Minnesota 0.677 0.473 0.348 13.839 ew Jersey 0.563 0.435 0.338 17.063
a. Determine the estimated regression equation that can be used to predict the proportion of games won given the proportion of field goals made by the team.
SUMMARY OUTPUT Games Won Proportion to Field Goals
Regression Statistics 0.8
PCT
0.6 Multiple R 0.448158 f(x) = 3.9575950686x - 1.2207145707 0.4 R² = 0.2008457674 R Square 0.200846 0.2 Adjusted R 0.171247 0 Standard Err 0.126636 0.4 0.41 0.42 0.43 0.44 0.45 0.46 0.47 0.48 Observation 29 FG% ANOVA df SS MS F Significance F Regressi 1 0.10882 0.1088 6.7857185723 0.014763 Residual 27 0.43299 0.016 Total 28 0.54181
b. Provide an interpretation for the slope of the estimated regression equation
developed in part (a).
m=3.9576, which means every increase in FG% by one unit, there will be a change in PCT by 3.9576 unit.
c. Determine the estimated regression equation that can be used to predict the proportion of games won given the proportion of field goals made by the team, the proportion of three-point shots made by the teams's opponent, and the number of turnovers committed by the team's opponent. SUMMARY OUTPUT Regression Statistics Multiple R 0.750846 R Square 0.563769 Adjusted R 0.511422 Standard Err 0.097233 Observation 29
ANOVA df SS MS F Significance F Regressi 3 0.30546 0.1018 10.769714494 9.944E-05 Residual 25 0.23635 0.0095 Total 28 0.54181
d. Discuss the practical implications of the estimated regression equation developed
in part (c).
The data shows that there is a 4.8% increase in the games won if the proportion of the game increase by 1 % and there is also a decrease by 2.59% if the oppenents team committed more turnovers
e. Predict the proportion of games won for a team with the following values for the three independent variables: FG% = 0.45, Opp 3 Pt% = 0.34, and Opp TO =17.
