Unformatted text preview: o It tells us change in y that corresponds to x increasing by 1 o B = (Σ ( x  ) ( y  )) / (Σ (x  ) 2 ) The yintercept o This is α, or a (for a sample) o It is the value of y when the line crosses the yintercept (when x=0) o After we find b, then we know that a = Y – b X o If X = 14.4, Y = 4.6, and b =1.4 a = 4.6 – (1.4)14.4 = 15.6 Using the regression line for predictions o Since y = a + b(x), we can predict y if we know b and a If a =10, and b = 2, what is the predicted value of y when X=15? Y = 10 +2(15) = 40 o In the example of age and delinquency: a = 15.6; b = 1.4; r = .87; r 2 = .75 If X = 15, what is the predicted value of Y? Y = 15.6 + (1.4)15 = 15.6 + 21 = 5.4 Does this fit the scatter plot value? About right How much of the variance is explained?...
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This note was uploaded on 03/15/2009 for the course SOCI 301 taught by Professor Kupchick during the Spring '09 term at University of Delaware.
 Spring '09
 Kupchick

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