Hand in: Regression Problems in this color
were given also on M. Day 14, to work ahead. Repeated here. |
Read, to discuss Regression: Use http://www.whfreeman.com/bps4e, Correlation and Regression applet to do p. 148, 5.55 , guessing lines Look at this especially, with reference to the r standard deviations in y for every 1 standard deviation in x: A. Open the Excel file RegressionSlope (or in the folder RegressionDemosExcelBPS4e in ClassMaterial\Math151-BPS4e). Change x-y values in the yellow boxes and watch the line change. Change x-values in col. F and watch the "run" (red line) change, in the rightmost 2 graphs. Notice the slope = the coefficient of x = the rise/run = increase in y per unit increase in x. Fix it so the increase in x (the "run") is exactly 1. Also, look at the leftmost graph, where the length of the standard deviations are shown, and note that in standard-deviation units, the rise is r s.d.'s in y for each s.d. run in x. (Fact 2) |
Op tion al
|
Formula yhat = a + b x. Govsal = a
+
b avgpay
Govsal = 28,569.69 + 2.71*avgpay
To predict
or
estimate a y-value for a given x-value, plug the x value into
the
formula and calculate.
To do it graphically, use the Up-and-Over method (Fig. 5.1, p.116):
Find the x, go straight up to the line, then go over to the y-axis;
that
y-value is the predicted y.
Calculating:
Montana (17,895,
55,502) Govsal = 28,569.69 + 2.71*avgpay
Predicted
Govsal
= 28,569.69 + 2.71*17,895 = 28,569.69 + 48,495.45 = 77,065.14
(higher than actual)
(Graphing a straight line: pick an x-value at one end
of the
useful range. Plug in to the formula and calculate the
corresponding y. Graph the (x,y) pair. Repeat with an x
value at the other end of the range. Connect the 2 dots with a
line (see pretest). Insurance: Pick a third x and calculate
the y. This point must also lie on the line, if you did it right.)
a is y-intercept.
b is slope:
If x increases one unit, yhat increases b
units.
If you know that yhat increases 12 units for every one that x
increases, you know that the slope of the line b = 12.
Governor's salaries increase (on the average across the states)
$2.71 for every increase of $1 of average pay.
This is a summary of the linear
relationship, in the same way that the mean of a distribution is one
summary of the distribution. Particular states won't match this
exactly.
(In a straight-line relationship, the amount that y
increases
for one unit increase in x is the same no matter what value of
x
you start with) RegressionSlope.xls
or
in ClassMaterial\Math151-BPS4e \RegressionDemos Excel BPS4e
Income depends on height?!
What is "$789", and what kind of analysis
did they do? (HW)
We all get the same line from a batch of data because we use the "least-squares best fit" criterion (p. 119): we'll investigate this more closely later.
Facts: 1, 2 lite, 3 first. Then 4. Then 2 &Formulas p. 120, from 2&3.
| Sievers home | Math151-F07/Dayf15.htm | 2pm | 9/26/07 |