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we repeat the data and provide the sample regression equations for Exercises a.Determine the standard error of the estimate.

b. Construct a residual plot.

c. Construct a normal probability plot of the residuals.

Short Answer

Expert verified

The standard error of the estimate is approx 1.732

Step by step solution

01

Part a Step 1 Given Information

02

Part a Step 2 Explanation

From the above Analysis of variance printout,

We haveSSE=6

df=n-2

=5-2

=3

The formula for the standard error of the estimate is given by.

se=SSEn-2

se=SSEn-2

=62

=3

1.732

Hence, The standard error of the estimate is approx 1.732

03

Part b Step 1 Given Information

04

Part b Step 2 Explanation

MINITAB procedure: Step 1: Choose Stat > Regression > Regression.

Step 2: In Response, enter the column Low.

Step 3: In Predictors, enter the columns High.

Step 4: In Graphs, enter the columns High under Residuals versus the variables

Step 5: Click OK.

MINITAB output:

Hence the residuals plot is drawn

05

Part c Step 1 Given Information

06

Part c Step 2 Explanation

MINITAB procedure:

Step 1: Choose Stat > Regression > Regression.

Step 2: In Response, enter the column Low

Step 3: In Predictors, enter the columns High.

Step 4: In Graphs, select Normal probability plot of residuals.

Step 5: Click OK.

MINITAB output:

Hence, the normal probability plot of the residuals is drawn.

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Most popular questions from this chapter

14.75 High and Low Temperature. The data from Exercise 14.39for average high and low temperatures in January for a random sample of 50cities are on the WeissStats site.

a. Decide whether you can reasonably apply the regression t-test. If so, then also do part b.

b. Decide, at the 5%significance level, whether the data provide sufficient evidence to conclude that the predictor variable is useful for predicting the response variable.

The figure shows three residual plots and a normal probability plot of residuals. For each part, decide whether the graph suggests a violation of one or more of the assumptions for regression inferences. Explain your answers.

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 14.73 are on the WeissStats site.

14.94 Custom Homes. Following are the size and price data for custom homes from Exercise 14.24.

x
26
27
33
29
29
34
30
40
22
y
540
555
575
577
606
661
738
804
496

a. Determine a point estimate for the mean price of all 2800-sq.ft.Equestrian Estate homes.
b. Find a 99%confidence interval for the mean price of al 2800-sq.ft.Equestrian Estate homes.
c. Find the predicted price of a 2800-sq.ft.Equestrian Estate home
d. Determine a 99%prediction interval for the price of a 2800-sq.ft Equestrian Estate home.

Acreage and Value. The data from Exercise 14.37for lot size (in acres) and assessed value (in thousands of dollars) for a sample of homes in a particular area are on the WeissStats site.

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