100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ST362 - Regression Analysis ASSIGNMENT 1 $9.99   Add to cart

Other

ST362 - Regression Analysis ASSIGNMENT 1

 15 views  0 purchase
  • Course
  • Institution

ST362 Assignment 1 Questions + Answers from F21

Preview 2 out of 10  pages

  • August 22, 2022
  • 10
  • 2021/2022
  • Other
  • Unknown
avatar-seller
ST362A/ST562A Regression Analysis Assignment 1
Due: Monday, September 27, 2021 (11:59pm Gradescope)
ST362A: Questions 1-6, with total 37 points.
ST562A: Questions 1-7, with total 43 points.

1. (10 points) Write a two-page letter-size summary on what you have learned from any
introductory statistics course such as ST230, ST231 etc. Both type or hand-written are
accepted.
Solution: skipped.
2. (5 points) Conduct a search and list some examples or applications of regression analysis
(minimum 2 examples).
Solution: skipped.




1

, 3. (5 points) We are interested in comparing the average supermarket prices of two leading
colas. Our sample was taken by randomly selecting eight supermarkets and recording the
price of a six-pack of each brand of cola at each supermarket. The data are shown in the
following table:
pop I pop2
Supermarket
1
Brand 1 Brand 2
$2.25 $2.30 piece
2 $2.47 $2.45
OO5
3 $2.38 $2.44 o OZ
4 $2.27 $2.29 O 06
5 $2.15 $2.25 o 02
6 $2.25 $2.25 10,10
7 $2.36 $2.42 0.00
o 06
8 $2.37 $2.40
O 03
Find a 90% confidence interval for the di↵erence in mean price of brand 1 and brand 2.

from the same
Solutions since each pair of prices
are not independent this is a paired
supermarket
we calculate a list ofdifferences
comparison Therefore
MIAN
I O 0375 Sd z_É
D 03807887 h d L

interval for the difference
The q of confidence
of Brand 1 and Brand 2 is
in mean price

d I TE n i
d
0 03807887
o 0375 II 1.894579
jg
0.0630655 0,0119934

So the go confidenceinterval for the difference in
0630655
mean price of brand 1 and brand is C
2 o


0.01199345

2
?⃝

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller dg22. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72841 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart