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PCBs and Pelicans. The data from Exercise 14.40for shell thickness and concentration of PCBs of 60Anacapa pelican eggs are on the WeissStats site. Specified value of the predictor variable: 220ppm.

Short Answer

Expert verified

Part (a) clearly shows that the assumptions for regression inferences are violated. As a result, the distance from part (b) to part (f) cannot be calculated.

Step by step solution

01

Given information

To determine whether the conditional mean and predated value t-interval procedures can be applied to data.

02

Explanation

Given that,

Calculation:

Using Exercise 14.40, determine whether it is reasonable to apply the conditional mean and predated value t-interval procedure to data.

  • The residual plot clearly shows that the residuals are in the horizontal band.
  • The normal probability plot of residuals shows that the residuals appear in a linear pattern.

As a result, for the variables thickness and PCB, assumption 1-3for regression inferences is not violated. The data from Exercise 14.76do not provide enough evidence to conclude that PCB is useful for predicting THICKNESS. As a result, the linear model cannot be used to predict the variables.

Part (a) clearly shows that the assumptions for regression inferences are violated. As a result, from part (b) to part.

03

Conclusion

As a result of part (a), it is clear that the assumptions for the regression inferences are violated. As a result, the distance between parts (b) and (f) cannot be calculated.

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Most popular questions from this chapter

To find and interpret a confidence interval, at the specified confidence level 90%for the slope of the population regression line that relates the response variables to the predictor variable.

PCBs and Pelicans. Use the data points given on the WeissStats site for shell thickness and concentration of PCBs for 60 Anacapa pelican eggs referred to in Exercise 14.40.

In Exexcises 14.98-14.108, use the technology of your choice to do the following tasks.
a. Decide whether your can reasonably apply the conditional mean and predicted value t-interval procedures to the data. If so, then also do parts (b) - (h).
b. Determine and interpret a point estimate for the conditional mean of the response variable corresponding to the specified value of the predictor variable.
c. Find and interpret a 95% confidence interval for the conditional mean of the response variable corresponding to the specified value of the predictor variable.
d. Determine and interpret the predicted value of the response variable corresponding to the specified value of the predictor variable.
e. Find and interpret a 95%prediction interval for the value of the response variable corresponding to the specified value of the predictor variable.
f. Compare and discuss the differences between the confidence interval that you obtained in part (c) and the prediction interval that you obfained in part (e).
14.102 Home Size and Value. The data from Exercise 14.38 for home size (in square feet) and assessed value (in thousands of dollars) for the same homes as in Exercise 14.101 are on the WeissStats site. Specified value of the predictor variable: 3000 sq. ft.

a. Obtain a point estimate for the mean tax efficiency of all mutual fund portfolios with6% of their investments in energy securities,

b. Determine a 95%confidence interval for the mean tax efficiency of all mutual fund portfolios with6% of their investments in energy securities.

c. Find the predicted tax efficiency of a mutual fund portfolio with6% of its investments in energy securities.

d. Determine a95%prediction interval for the tax efficiency of a mutual fund portfolio with 6%of its investments in energy securities.

14.23 Corvette Prices. The Kelley Blue Book provides information on wholesale and retail prices of cars. Following are age and price data for 10 randomly selected Corvettes between 1 and 6 years old.

Here, xdenotes age, in years, and ydenotes price, in hundreds of dollars.

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