Question

The following data give the percentage of women working in five companies in the retail and...

The following data give the percentage of women working in five companies in the retail and trade industry. The percentage of management jobs held by women is also shown.

% Working

67

45

73

54

61

% Management

49

21

65

47

33

  1. Compute SST, SSR, and SSE.
  2. Compute the coefficient of determination, r2. Comment on the goodness of fit.
  3. What is the value of the sample correlation coefficient?
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Answer #1

Excel Megastat regression analysis output is given below.

Regression Analysis
0.724 n   5
r   0.851 k   1
Std. Error   10.146 Dep. Var. Y
ANOVA table
Source SS   df   MS F p-value
Regression 811.2000 1   811.2000 7.88 .0674
Residual 308.8000 3   102.9333
Total 1,120.0000 4  
Regression output confidence interval
variables coefficients std. error    t (df=3) p-value 95% lower 95% upper
Intercept -35.0000
X1 1.3000 0.4631 2.807 .0674 -0.1737 2.7737

a)

SST = 1120

SSR = 811.20

SSE = 308.8

b)

coeff of determination = r2=0.724

72.4% of variation in dependent variable is explained by independent variable

c)

correlation coefficient = r = 0.851

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