A Student Is Interested in Studying the Impact of Number

question 16

Essay

A student is interested in studying the impact of number of books referred by students on a statistics course and the number of lectures they attended on the final grade on the course. A sample of 25 students is selected and the data is given below. $$\begin{array} { | c | c | c | } \hline \text { BOOKS } & \text { AT TEND } & \text { GRADE } \\\hline 2 & 17 & 60 \\\hline 3 & 18 & 54 \\\hline 1 & 17 & 62 \\\hline 5 & 20 & 59 \\\hline 2 & 12 & 44 \\\hline 1 & 13 & 40 \\\hline 3 & 17 & 96 \\\hline 4 & 19 & 90 \\\hline 5 & 22 & 97 \\\hline 2 & 22 & 54 \\\hline 5 & 22 & 91 \\\hline 1 & 12 & 48 \\\hline 3 & 18 & 91 \\\hline 1 & 12 & 65 \\\hline 4 & 21 & 82 \\\hline 5 & 14 & 61 \\\hline 3 & 18 & 54 \\\hline 3 & 13 & 46 \\\hline 1 & 8 & 64 \\\hline 5 & 22 & 90 \\\hline\end{array}$$
a. Develop an estimated regression equation using number of books referred and the number of lectures attended to predict the final grade on the course.
b. Joseph referred 4 books and attended 19 lectures. What is his predicted final score on the course?

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Definitions:

EUR

The primary currency for the Eurozone, adopted by 19 of the European Union's 27 nations.

Foreign Exchange

The exchange or swapping of one type of currency for another.

Absolute Purchasing Power Parity

A theory suggesting that the exchange rate between two currencies should equal the ratio of the countries' price levels for a fixed basket of goods and services.

New York Stock Exchange

One of the largest stock exchanges in the world, located in New York City, where stocks are bought and sold.