Quantitative Skills

Regression Exercise Page 1 of 3

1.

For each set of data, find the equation of the regression line of y on x Plot a scatter diagra and co ent. !a" #ata set 1 x 3 $ % 1 1 1 1 ( ( ( () 1 & & ' 1 ( 3 y ' 1 ' 1 1 1 ( 1 1 ( (' ( ( * $ 3 ) * * !+" x y #ata set ( 1 ' ' , ' , ( , ' ' , % ) $ , $. ' )) $. ' $$ $. ' ,1 1 * $ * 1 1 $ & 1(. ' )' 1 & ) % 1&.' )3

(.

-n a certain heathland region there is a large nu +er of alder trees .here the ground is arshy +ut very fe. .here the ground is dry. /he nu +er !x" of alder trees and the ground oisture content !y" are found in each of ten equal areas. /he follo.ing is the su ary of the results of the survey. Find the equation of the regression line of y on x. Esti ate the ground oisture constant in an area equal to one of the chosen areas .hich contains )* alder trees.

x = '**, y = 3**, x

= ($,1,, xy = 1),3$, y ( = 1*&)(

3.

For the given set of data

Find the equations of the regression lines y on x. Find y .hen x 0 '. &.

x = 1', x

= '', y = &3, y ( = 3%$, xy = 1&', n = '

/he follo.ing ta+le sho.s the arks !x" o+tained in a 1hrist as exa ination and the o+tained in the follo.ing su er exa ination +y a grou2 of nine students. Student 1hrist as Su !a" !+" er 3 ' $ ) ) 4 3 ' ' 1 1 ' ) ) 3 # ' $ 3 & E ) ) & $ F $ % $ * 5 , 1 , & 6 , & , & '( '3

arks !y"

Find the equation of the esti ated least squares regression line of y on x. 3 tenth student o+tained a ark of $* in the 1hrist as exa ination +ut .as a+sent fro su er exa ination. Esti ate the ark that this student .ould have o+tained in the su exa ination.

the er

'.

For a 2eriod of three years a co 2any onitors the nu +er of units of out2uts 2roduced 2er quarter and the total cost of 2roducing the units. /he ta+le +elo. sho.s their results. 7nits of out2ut !x" 1***8s /otal cost !y" R91*** !a" !+" 1 & 3 ' ( % ' * ' ' $ 3 $ & % 3 1 1 3 1 ( 3 & ( & $ ) ' ) % , ) 1 , 3 , 3 ) ' & )1 ,1

#ra. a scatter diagra . 1alculate the equation of the regression line of y on x and dra. this line on your scatter diagra .

Quantitative Skills

Regression Exercise Page ( of 3

/he selling 2rice of each unit of out2ut is R91.)*. !c" 7se your gra2h to esti ate the level of out2ut at .hich the total inco e and total costs are equal. !d" 5ive a +rief inter2retation of this value.

).

3 co 2any .ants to kno. a+out the effectiveness of radio advertise ents on the sales of its 2roducts. /he arketing anager of the co 2any selected 1* geogra2hical regions at rando , and +uys advertise ent ti e for a onth at a local radio station in each region. /he ta+le +elo. sho.s the advertise ent ti e 2er .eek and the total sales during the onth the advertise ent is aired. 5eogra2hical Region 3dvertise ent ti e 2er .eek ! inutes" /otal sales !thousand R9" !a" !+" !c" !d" 3 1 * 1 $ 4 ) 1 & 1 , 1 % # % 1 & E 1 1 ( * F $ 1 ) 5 1 ' ( 3 6 ) 1 & , 1 $ : ' 13

Plot a scatter diagra for the data. Find the regression equation for the total onthly sales on the air ti e 2er .eek. 5ive your ans.ers in the for y 0 x ; c .ith the constants and c correct to t.o deci al 2laces. #ra. this regression line on your scatter diagra . Esti ate total onthly sales for a region .ho receiving the advertise ent for duration of 13 inutes every .eek for a .hole onth.

$.

/otal sales units for 1* sales en of a co 2any for 2eriods one onth +efore and one onth after attending arketing strategy course, are res2ectively re2resented +y varia+les x and y as sho.n in the follo.ing ta+le. Sales en X Y

!a" !+" !c" !d"

Plot a scatter diagra for the data a+ove. <+tain the least squares esti ations for a and b in the regression line y 0 a ; bx. 5ive your ans.er correct to t.o deci al 2laces. #ra. the regression line on your scatter diagra . State .hether this regression line is suita+le to forecast total sales units for the onth after the co 2any sales en attended the arketing strategy course +ased on the total sales units for the onth +efore he attended the course is 1' units. 5ive reason for your ans.er.

,.

/he follo.ing ta+le indicates the age, x years and the 2rice, R9y odel in a second hand car sho2. ( , 3 % ) ' ) 1** 1' $( 1) 3) 3& 3* 3 ),

1*3, for eight cars of the sa

Quantitative Skills

Regression Exercise Page 3 of 3

!a" !+" !c"

Find the equation of the regression line y on x in the for accurate to t.o deci al 2laces. Ex2lain the value of a and + that you o+tained. Esti ate the 2rice of a car of the sa e

y 0 a ; +x, .here a and + is

odel of age $ years.

3ns.ers= 1" !a" y 0 &.'*& ; *.)3%x (" y 0 *.)'(x > (.'%& 3" y 0 1.)x ; 3., &" !a" y 0 *.$((x ; 1'.,3 '" !+" y 0 *.%)'x ; (*.')% )" !+" y 0 *.%'x ; ,.)3 $" !+" y 0 *.%'x ; $.%) ," !a" y 0 1*).&' > 11.&&x

!+" y 0 %*.31( > 1.$,'x 3).'() 11., !+" )) arks !d" (*.%, !d" ?ot suita+le !c" ().3' R9(),3'*