All Exams Test series for 1 year @ ₹349 only
Question

Using linear regression (least squares), the best-fit line for the given dataset is $y = 2.2x + 2.3$. Given the residual sum of squares is 25.8, the coefficient of determination ($r^2$), is ______________ . (rounded off to two decimal places)

$x$2345
$y$89716

Understanding Coefficient of Determination ($r^2$)

The coefficient of determination, denoted as $r^2$, indicates the proportion of the variance in the dependent variable ($y$) that is predictable from the independent variable ($x$) using the linear regression model. It is calculated using the formula:

$ r^2 = 1 - \frac{SSE}{SST} $

Where:

  • SSE is the Residual Sum of Squares (sum of the squared differences between actual $y$ and predicted $\hat{y}$).
  • SST is the Total Sum of Squares (sum of the squared differences between actual $y$ and the mean of $y$, $\bar{y}$).

The question provides SSE = 25.8.

Calculating Total Sum of Squares (SST)

First, find the mean of the given $y$ values: $y = [8, 9, 7, 16]$.

$ \bar{y} = \frac{8 + 9 + 7 + 16}{4} = \frac{40}{4} = 10 $

Next, calculate the SST using the formula:

$ SST = \sum_{i=1}^{n} (y_i - \bar{y})^2 $

Calculate the squared differences:

  • $(8 - 10)^2 = (-2)^2 = 4$
  • $(9 - 10)^2 = (-1)^2 = 1$
  • $(7 - 10)^2 = (-3)^2 = 9$
  • $(16 - 10)^2 = (6)^2 = 36$

Sum the squared differences:

$ SST = 4 + 1 + 9 + 36 = 50 $

Determining the Coefficient of Determination ($r^2$)

Now, substitute the values of SSE and SST into the $r^2$ formula:

$ r^2 = 1 - \frac{SSE}{SST} = 1 - \frac{25.8}{50} $

$ r^2 = 1 - 0.516 $

$ r^2 = 0.484 $

Rounding to two decimal places, $r^2 \approx 0.48$. This value falls within the range of 0.45 to 0.5.

Final Answer

The coefficient of determination ($r^2$) for the given dataset is approximately 0.48.

Was this answer helpful?

Important Questions from Regression Analysis

  1. There is no value of x that can simultaneously satisfy both the given equations. Therefore, find the ‘least squares error’ solution to the two equations, i.e., find the value of x that minimizes the sum of squares of the errors in the two equations. __________

    2x = 3

    4x = 1

  2. Given the pairs of values of $(X, Y)$ as $(2, 60)$, $(4, 70)$ and $(6, 90)$, $m$ is the slope of the linear regression plot of $Y$ on $X$. The value of $m$ is _______.
  3. The data given in the table are fitted to the equation $y = mx$ using the method of least squares. The value of $m$ is ______ (rounded off to one decimal place).
    $x$1234
    $y$26710
  4. The graph below shows a plot of annual rainfall on the X axis and number of plant species on the Y axis. Based on the pattern in the graph, which one of the following statistical methods would be most appropriate to model the relationship between annual rainfall and the number of plant species?

  5. Arrange the following steps of formulating research proposal in a logical sequential order :
    (i) Defining research problem.
    (ii) Formulation of hypothesis.
    (iii) Review of literature.
    (iv) Collection of data.
    (v) Research Design.
    Choose the correct answer from the options given below :
Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App