Statistics Question: Regression Equation
Not what you're looking for?
12.12 The regression equation Credits = 15.4 - .07 Work was fitted from a sample of 21 statistics students. Credits is the number of college credits taken and Work is the number of hours worked per week at an outside job.
a) Interpret the slope
b) Is the intercept meaningful? Explain.
c) Make a predication of Credits when Work = 0 and when Work = 40. What do these predications tell you?
Purchase this Solution
Solution Summary
The expert examines a regression equation. The slope is interpreted and the intercept is meaningful.
Solution Preview
12.12 The regression equation Credits = 15.4 - .07 Work was fitted from a sample of 21 statistics students. Credits is the number of college credits taken and Work is the number of hours worked per week at an outside job.
(a) Interpret the slope.
The slope in this case is -.07 ...
Education
- BE, Bangalore University, India
- MS, University of Wisconsin-Madison
Recent Feedback
- "Your explanation to the answers were very helpful."
- "What does 1 and 0 means in the repair column?"
- "Went through all of the formulas, excellent work! This really helped me!"
- "try others as well please"
- "Thank you, this helped a lot. I was not sure how to plug in those numbers to a formula. This was a great help. Now I have to figure out how to explain cost of capital is used in net present value analysis, and how cost of capital is used in net present value analysis. This stuff gets confusing."
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.