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Welcome to . Week 12 Thurs . MAT135 Statistics
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In-Class Project Radiation Experiment
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Correlation A relationship can be seen by graphing the independent and dependent variables in a scatter graph
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Correlation A linear relationship is very common
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Correlation When we calculated a correlation coefficient, we said it was a measure of the closeness to a linear relationship between the two variables
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Line of Best Fit That means, we could find the formula for a line that would be the best fit for the two variables
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Line of Best Fit We “fit” a line to the data
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Line of Best Fit Real-world data rarely lands exactly on a straight line
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Line of Best Fit But we fit the “best” line to the data
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Line of Best Fit When you graph two variables on an x-y plot, you can fit a line through the data called a “trend line”
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Line of Best Fit This trend line is a “line of best fit” to the data
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Line of Best Fit The “line of best fit” is created by minimizing the total vertical distance of all the points to the line (deviations)
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Regression This line of best fit is called the “regression” line
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Regression Because it is a line, it has an equation: y = b + mx m = slope b = y-intercept
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Regression NOTE: The slope “m” and the correlation coefficient “r” will both have the same sign
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Regression R2 tells how closely the regression line “fits” the data – “goodness of fit”
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Regression As you can imagine, the calculations for correlation and the regression line are scary
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Regression Hooray for the TI83/4 and Excel!
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Regression Francis Galton
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Questions?
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Regression To do a regression analysis on your TI83/4, you use the same procedure as we used to calculate the correlation coefficient
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Regression Efficiency of a lever
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Regression Efficiency of a lever distance in inches, weight in grams
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Efficiency of a lever Clear your memory Enter your data
Regression PROJECT QUESTION Efficiency of a lever distance in inches, weight in grams Clear your memory Enter your data Distance Weight 104 1 175 2 245 3 336 4 429 5 514 6 608 7 695
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Efficiency of a lever Clear your memory Enter your data STAT CALC
Regression PROJECT QUESTION Efficiency of a lever distance in inches, weight in grams Clear your memory Enter your data STAT CALC LinReg ENTER Distance Weight 104 1 175 2 245 3 336 4 429 5 514 6 608 7 695
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Regression PROJECT QUESTION Efficiency of a lever LinReg y=ax+b a= b= r2= r=
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Regression PROJECT QUESTION Efficiency of a lever LinReg y=ax+b a= b= r2= r= Is this a strong relationship?
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Regression One of the prime features of regression is that the equation can be used to give estimates
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Regression PROJECT QUESTION LinReg y=ax+b a= b= r2= r= What weight would you estimate for a distance of 2.5 inches?
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Regression PROJECT QUESTION LinReg y=ax+b a= b= r2= r= What weight would you estimate for a distance of 2.5 inches? y = 85.7× = 302.5g
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Questions?
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Time Series A lot of things happen over time Time is called the “independent” variable – we can’t control it! The variable that changes over time we call the “dependent” variable
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Time Series Data that change over time are called “time series” data
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Time Series A regression analysis for time series data is called a “time series” analysis
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Time Series One of the prime features of a time series analysis is that the equation can be used to give forecasts
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Time Series One of the prime features of a time series analysis is that the equation can be used to give forecasts … bosses LIKE forecasts!
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Time Series Our radiation experiment is a time series Time Temp Silver
Temp Black 192 10 180 178 20 169 162 30 160 152 40 143 50 144 134 60 138 128
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(Previous class data) Clear your memory Enter the data LinReg L1,L2
Time Series PROJECT QUESTION (Previous class data) Clear your memory Enter the data LinReg L1,L2 Time Temp Silver Temp Black 192 10 180 178 20 169 162 30 160 152 40 143 50 144 134 60 138 128
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Time Series PROJECT QUESTION LinReg y=ax+b a= b= r2= r= Time Temp Silver Temp Black 192 10 180 178 20 169 162 30 160 152 40 143 50 144 134 60 138 128
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Time Series PROJECT QUESTION LinReg y=ax+b a= b= r2= r= Is this a strong relationship?
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Time Series PROJECT QUESTION LinReg y=ax+b a= b= r2= r= What does “r” tell you that RSQ does not?
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Time Series PROJECT QUESTION LinReg y=ax+b a= b= r2= r= What would your forecast be for 70 minutes?
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Time Series PROJECT QUESTION But that’s just the silver container! DO NOT CLEAR YOUR MEMORY STAT CALC LinReg L1,L3
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Time Series PROJECT QUESTION LinReg L1,L3 y=ax+b a= b= r2= r=
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Time Series PROJECT QUESTION LinReg L1,L2 LinReg L1,L3 y=ax+b y=ax+b a= a= b= b= r2= r2= r= r= Which is going down faster?
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Time Series PROJECT QUESTION Silver can: temp = -.9×(time) Black can: temp = -1.1(time)
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Time Series PROJECT QUESTION The graph:
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Time Series PROJECT QUESTION Are the lines good fits?
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Time Series PROJECT QUESTION Are the forecasts good?
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Time Series Even though a time series may have a VERY high correlation, this does not guarantee an accurate forecast
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Time Series Many time series are not really linear (even though they may look like it for awhile)
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Questions?
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You survived! Turn in your homework! Don’t forget your homework
due next week! Have a great rest of the week!
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