- Refer to the Grade point average Data. The director of admissions of a small college selected 120 students at random from the new freshman class in a study to determine whether a students grade point average (GPA) at the end of the freshman year (Y) can be predicted from the ACT test score (X).
- Obtain the least squares estimates of 0 and 1, and state the estimated regression function.
- Plot the estimated regression function and the data. Does the estimated regression function appear to fit the data well?
- Obtain a point estimate of the mean freshman GPA for students with ACT test score X = 30.
- What is the point estimate of the change in the mean response when the entrance test score increases by one point?
- Obtain the residuals . Do they sum to zero?
- Estimate and . In what units is expressed?
- Typographical errors shown below are the number of galleys for a manuscript (X) and the dollar cost of correcting typographical errors (Y) in a random sample of recent orders handled by a firm specializing in technical manuscripts. Assume that the regression model Yi = 1X1 + is appropriate, with normally distributed independent error terms whose variance is a = 16. (20 pts)
- Evaluate the likelihood function for 1 = 1,2, 3,,100. For which of 1 values is
the likelihood function largest?
- The maximum likelihood estimator is . Find the maximum likelihood estimate. Are your results in part (a) consistent with this estimate? (
- Refer to the CDI data set. The number of active physicians in a CDI (Y) is
expected to be related to total population, number of hospital beds, and total personal income. (30 points)
- Regress the number of active physicians in turn on each of the three predictor variables. State the estimated regression functions. (10 points)
- Plot the three estimated regression functions and data on separate graphs. Does a linear regression relation appear to provide a good fit for each of the three predictor variables? (10 points)
- Calculate MSE for each of the three predictor variables. Which predictor variable leads to the smallest variability around the fitted regression line? Which variable would you use the estimate Y and why? (10 points)
- Refer to the CDI data set. Use the number of active physicians as Y and total personal income as X. Select 1,000 random samples of 400 observations, fit the regression model and record 0 and 1 for each selected sample. Calculate the mean and variance of 0 and 1 based on the 1,000 different regression line and compare against the regression model in question 3 part a. (20 points)
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