Review Mod 3 KEY – You should look over all CW, HW, Notes, and checkpoint quizzes. Do this review on a separate piece of paper and staple it to this! 1. In 1998, Ann bought a house for $184,000. In 2009, the house is worth $305,000. Find the average annual rate of change in dollars per year of the value of the house. Round your answer to the nearest cent. Let x represent number of years after 1990 Write the data provided into two ordered pairs, Find the slope, include the appropriate label, and interpret the meaning of the slope, Find the equation of the line representing Ann’s house value, Then, Estimate Ann’s house value in 2004 305,000−184,000 Points used: (8, 184,000) & (19, 305,000), 𝑚 = = 11,000. The average annual 19−8 rate of change is $11,000 per year. This tells us that for each year that passed, from 1998 to 2009, Ann’s house increased in value by an average of $11,000. The equation for this prediction value of Ann’s house is 𝑉 = 11,000𝑥 + 96,000 where x is the number of years after 1990. We would estimate Ann’s house value to be $250,000 in 2004 by plugging in x=14 into the prediction equation. This is a valid prediction since it lies within our range of data and would not be an extrapolation. 2. Given the following scatterplots: a. List the graphs’ correlation from least to greatest 4, 2, 3, 1 b. Which graph has the strongest linear correlation Plot 4 c. Which graph has the strongest non-linear correlation Plot 2 d. The four correlation coefficients for the scatterplots shown are -0.1169, 0.7699, -0.9396, and 0.1632. Match the correlations to the plots. Plot 1: 0.7699, Plot 2: -0.1169, Plot 3: 0.1632, Plot 4: -0.9396 3. Does a strong positive correlation PROVE that they depend on each other? Does it always show that a relationship exists? Can you come up with an example that it doesn’t? We can never say it proves, we can only say that the data suggests or the data supports this conclusion. It does not always show that a relationship exists, you can have a low correlation like in plot 2 from the previous problem, but it has a strong nonlinear relationship. 4. For an essay question, what key things should you talk about? You should talk about the direction, form, strength, outliers. The first sentence should be what the graph is portraying. Then you should talk about what the data is suggesting, what this means, and who would benefit from knowing this information. 5. How do you choose which is the explanatory variable and which is the response variable? The explanatory variable is X (input), the response is Y (output). To choose, time is always the explanatory, if that is an option. If time is not one of the variables, we start to ask ourselves “does one influence the other one?” or “is one a response to the other one?”, and make our decision that way. 6. For what values can we use our regression line to predict? We can only predict for x values between the lowest value for the explanatory and the highest, otherwise we would be extrapolating. Remember that extrapolation is used in real life, so that we can predict the future, but it may or may not be reliable since there tends to be large amounts of error in such predictions. If you do extrapolate, you must make a note of your prediction as extrapolation and would not be reliable. You may not calculate the prediction and just state that this would be extrapolation and should not do it. 7. What are the four things to describe a linear scatterplot? direction, form, strength, outliers 8. Find the least squares regression line Be sure to be able to give me the EQUATIONS for the m and b, from the notes, then coming up with the equation of the line, again from your notes. Match each description of a set of measurements to a scatterplot. Then describe what a dot represents in each graph. 9. x = average outdoor temperature and y = heating costs for a residence for 10 winter days Scatterplot 3 10. x = height (inches) and y = shoe size for 10 adults Scatterplot 1 11. x = height (inches) and y = score on an intelligence test for 10 teenagers Scatterplot 2 12. Regression Lines. Give the equations for slope and y intercept of a regression line. y mx b Where mr sy sx b y mx 13. For the following data: a) Make a scatter plot. (x,y) on graph paper x 2 4 6 8 10 12 14 15 y 3 4 8 11 13 14 18 17 b) Draw a line of fit for your scatter plot, find the equation of the line Your equation should be similar to y = 1.175x + 0.571, but doesn’t need to be exact since you did it by hand. Select 2 points on your line (not points from the data as your line may not hit any of the data points) and use those to calculate a prediction equation for the data. c) Use your equation to predict y for x = 13 y = 15.846 14. What does an outlier do to an r-value? Explain in complete sentences and say how will the r-value change, increase or decrease? If an outlier is placed into a data set, the r value will get closer to zero, because the data is not as strong linearly. This does not mean that the r-value will be necessarily close to zero, just that it will shift in that direction. If a data point is placed close to the pattern, the correlation coefficient would get closer to one or negative one, depending on what the direction is.