Statistics
[ORDER SOLUTION] Transit Statistics
The regional transit authority for a major metropolitan area wants to determine whether there is any relationship between the age of a bus and the annual maintenance cost. A sample of 10 buses resulted in the following data. Click onthe datafile logo to reference the data.DATA fileAge of Bus (years)Maintenance Cost ($)VIVAAWNNNN-350370480520590550750800790950a. Develop the least squares estimated regression equation (to 4 decimals, if necessary).y =220132 Ageb. Test to see whether the two variables are significantly related with a = .05.Reject null hypothesisc. Did the least squares line provide a good fit to the observed data?Yesd. Develop a 95% prediction interval for the maintenance cost for a specific bus that is 4 years old (to 1 decimal).3.5to682X
Benchmark Correlation and Regression | Get Solution Now
Benchmark Correlation and Regression Project Directions: Use the following information to complete the questions below. While APA format is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide. Select at least three variables that you believe have a linear relationship. Specify how you will measure each of these variables (i.e., what instrument will you use and provide an APA reference for the instrument) Collect the data for these variables and describe the data collection technique and why it was appropriate as well as why the sample size was best. Submit the data collected by submitting the SPSS data file with your submission. Find the Correlation coefficient for each of the possible pairings of variables and describe the relationship in terms of strength and direction. Find a linear model of the relationship between the three (or more) variables of interest. Identify the predictor variables and the criterion variable. Provide an output of the SPSS results and interpret the results using correct APA style
Use Promo Code: FIRST15