Question

For a set of data: x = (0,1,2,3,4,5,6) and y=(36, 28, 25, 24, 23, 21, 19),...

For a set of data: x = (0,1,2,3,4,5,6) and y=(36, 28, 25, 24, 23, 21, 19), is it wise to use a linear regression to extrapolate data for x = 50?

Solution:

Since the coefficient of determination is 0.8582, the linear model is a reasonably good fit for the data, so extrapolation for any x-value is acceptable.

What is wrong with this solution?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

since x=50 falls very far from range of x values on which the coefficient of determination has been calculated, we do not if same trend will continue at precinct of x=50.

Extrapolation is never a good idea since we do not know the if relation between variables remain same for all data values

Add a comment
Know the answer?
Add Answer to:
For a set of data: x = (0,1,2,3,4,5,6) and y=(36, 28, 25, 24, 23, 21, 19),...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Consider the following data set 20 23 27 21 25 21 24 17 12 28 21...

    Consider the following data set 20 23 27 21 25 21 24 17 12 28 21 23 12 a) Determine the quartiles for this data. b) Determine the interquartile range for this data. a) The first quartile is the second quartile is □, and the third quartile is (Type integers or decimals.)

  • Consider the following sample data: x 32 23 18 36 13 40 35 24 y 31...

    Consider the following sample data: x 32 23 18 36 13 40 35 24 y 31 37 34 60 25 45 43 38 Click here for the Excel Data File b. Calculate b1 and b0. What is the sample regression equation? (Round intermediate calculations to at least 4 decimal places and final answers to 2 decimal places.)   yˆy^  +  x c. Find the predicted value for y if x equals 11, 16, and 21. (Round intermediate coefficient values and final answers to...

  • Here is a set of sample data. 28 86 45 23 97 63 7 9 36...

    Here is a set of sample data. 28 86 45 23 97 63 7 9 36 19 85 22 24 74 100 26 40 60 16 54 39 49 79 53 30 Base on the data above, identify the 5 number summary _________, __________, __________, __________, __________

  • Consider a sample with data values of 27, 24, 23, 19, 32, 36, 29, and 24....

    Consider a sample with data values of 27, 24, 23, 19, 32, 36, 29, and 24. Compute the 20th, 25th, 65th, and 75th percentiles eBook Consider a sample with data values of 27, 24, 23, 19, 32, 36, 29, and 24. Compute the 20th, 25th, 65th, and 75th percentiles (to 1 decimal, if decimals are necessary). 20th percentile 25th percentile 65th percentile 75th percentile

  • Consider the following two sample data sets, 19 Set 1 12 23 13 24 Set 2:...

    Consider the following two sample data sets, 19 Set 1 12 23 13 24 Set 2: 1 916 a. Calculate the coefficient of variation for each data set. b. Which data set has more variability? %. a. The coefficient of variation for data set 1 is (Round to one decimal place as needed.)

  • Question 11 B0/2 pts 3 Detalls Consider the following data set that contains information about a...

    Question 11 B0/2 pts 3 Detalls Consider the following data set that contains information about a sample of ten 2015 Honda Accord offered for sale Vehicle Condition Color 100miles 1000) Mileage Price 1 average green 19 2 good blue 29 3 good silver 33 28 4 poor red 39 27 5 green 26 6 good silver 25 7 excellent green 24 8 poor black 46 23 9 good white 22 10 good blue 21 The scatter plot that summarizes the...

  • Find IQR Data Set : 23, 54, 32, 34, 45, 41, 47, 38, 28, 71, 36,...

    Find IQR Data Set : 23, 54, 32, 34, 45, 41, 47, 38, 28, 71, 36, 19, 26, 31

  • Find IQR Data Set : 23, 54, 32, 34, 45, 41, 47, 38, 28, 71, 36,...

    Find IQR Data Set : 23, 54, 32, 34, 45, 41, 47, 38, 28, 71, 36, 19, 26, 31

  • GPA Hours 3.24 19 3.1 21 3.24 18 2.61 30 3.03 23 3.37 10 1.6 36...

    GPA Hours 3.24 19 3.1 21 3.24 18 2.61 30 3.03 23 3.37 10 1.6 36 3.2 10 2.96 13 2.18 31 2.86 33 2.95 4 2.72 25 3.05 21 3.45 8 2.49 27 3.62 11 2.33 29 2.36 30 3.28 10 3.35 15 2.64 18 2.88 24 2.02 29 2.6 22 3.18 21 3.31 4 Exercise 7-25 Algo Numerous studies have shown that watching too much television hurts school grades. Others have argued that television is not necessarily a...

  • Consider a sample with data values of 26, 24, 23, 15, 30, 36, 28, and 24....

    Consider a sample with data values of 26, 24, 23, 15, 30, 36, 28, and 24. Compute the 20th, 25th, 65th, and 75th percentiles (to 1 decimal, if decimals are necessary). 20th percentile 25th percentile 65th percentile 75th percentile

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT