For these project assignments throughout the course you will need to reference the data in the ROI Excel spreadheet. Download it here. Using the ROI data set: For each of the two majors: 1. Draw the scatter diagram of Y = ‘Annual % ROI’ against X = ‘Cost’

  

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For these project assignments throughout the course you will need to reference the data in the ROI Excel spreadheet.

Download it here.

Using the ROI data set:
For each of the two majors:

 
Draw

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   the scatter diagram of Y = ‘Annual % ROI’ against X = ‘Cost’.

  • Obtain       b0 and b1 of the regression equation defined as y ̂ = b0 + b1X and the       coefficient of determination (r2) from the Excel regression output.        
  • Draw       the fitted regression line on the scatter diagram.
  • Calculate       the estimated ‘Annual % ROI’ when the ‘Cost’ (X) is $160,000.
  • Test       the hypothesis:  
  • o H0: β1 = 0

    o Ha: β1 ≠ 0

    Write a paragraph or more on any observations you make about the regression estimates, coefficient of determination, the plots, and the results of your hypothesis tests.

       

    Grading Criteria Assignments

    Maximum Points

     

    Meets or exceeds established assignment criteria

    40
     

    Demonstrates an understanding of lesson concepts

    20
     

    Clearly presents well-reasoned ideas and concepts

    30
     

    Uses proper mechanics, punctuation, sentence structure,   and spelling

    10
     

    Total

    100

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