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Essay Details:
Essay text:
Error 28.020
n 5
k 1
Dep. Var. Weekly Pay (Y)
ANOVA table
Source SS df MS F p-value
Regression 12,962.5714 1 12,962.5714 16.51 .0269
Residual 2,355.4286 3 785.1429
Total 15,318.0000 4
Regression output confidence interval
variables coefficients std. error t (df=3) p-value 95% lower 95% upper
Intercept 55.2857 32.4705 1.703 .1872 -48.0500 158.6214
Hours Worked (X) 6.0857 1.4978 4.063 .0269 1.3192 10.8522
Observation Weekly Pay (Y) Predicted Residual
1 93.0 116.1 -23.1
2 171.0 146.6 24.4
3 204.0 177.0 27.0
4 156.0 177.0 -21.0
5 261.0 268.3 -7.3
Regression Analysis (Long Hand)
Step 1: Calculate the b (slope)
b = r Sy
Sx
b = ...
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