Purchase Solution

Statistical Analysis for a Regression Equation

Not what you're looking for?

Ask Custom Question

In the following regression, X = monthly maintenance spending (dollars), Y = monthly machine downtime (hours), and n = 15 copy machines. Please view the attached file for the required data.

(a) Write the fitted regression equation.
(b) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at a = .05.
(c) What is your conclusion about the slope?
(d) Interpret the 95 percent confidence limits for the slope.
(e) Verify that F = r2 for the slope.
(f) In your own words, describe the fit of this regression.

Purchase this Solution

Solution Summary

Solution to questions regarding statistical analysis for regression equation is presented.

Solution Preview

(a) Write the fitted regression equation.
y = 1743.57 - 1.2163x

(b) State the degrees of freedom for a two-tailed test for zero slope, and use Appendix D to find the critical value at alpha = .05.
df =13, tcrit = +/- t_0.025, 13 = +/- 2.160 ...

Purchase this Solution


Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.