Question
Question: If for a binomial bivariate data \(\overline{x}\) = 10, \(\overline{y}\)= 12, \(Var\left( X \right)=...
If for a binomial bivariate data x = 10, y= 12, Var(X)=9, σY=4 and r = 0.6. Estimate y when x = 5.
Solution
The above question is about regression and correlation of bivariate data. To calculate the value of y at x =5 first we have to calculate the regression equation of y on x. We know that the regression equation is equal to y=byxx+a , and here byx is the regression coefficient of y on x and byx is equal to rσxσy, and a=y−byxx . After calculating the equation of regression of y on x we will put x = 5 in place of y to get x. And, also note that standard deviation (i.e.σ ) is equal to square root variance, r is the correlation coefficient, x is the mean of x and or is the mean of y.
Complete step by step answer:
We can see from the above question is of regression and correlation of the bivariate data.
Since, from the question we can see that we have to find the value of y at x = 5 and for that we have to find the regression equation of y on x and the equation is given by (y−y)=byx(x−x) where y is the mean of all value of y and x is the mean of all value of x and byxis the coefficient of regression coefficient of y on x.
So, before finding the equation we have to find the value coefficient of the regression coefficient of y on x. And, coefficient of regression is given by byx=rσxσy. Here, σ is the standard deviation and r is the correlation coefficient.
Since, we know that standard deviation is equal to square root of variance (i.e. σ=Variance ).
Since, we know that the value of variance of x (i.e. Var(X) ) so standard deviation σx=Var(X) and Var(X) = 9.
So, σx=9 = 3 and it is given in question that σY=4, and r = 0.6, hence byx=0.6×34
∴byx=0.8
Now, also from the question we know that x = 10, y= 12, and equation of regression of y on x is given by (y−y)=byx(x−x).
So, we will get the equation after putting the value of x, y, and byx in the above equation.
Hence, the equation is (y−12)=0.8(x−10) .
Hence, y = 0.8x + 4.
Now, we will put x = 5 in the above equation to estimate the value of y.
So, when x = 5, y=0.8×5+4
Hence, y = 8.
This is our required solution.
Note: Students are required to note that byx and bxy are slightly different. byx is the coefficient of regression of y on x and bxy is the coefficient of regression of x on y. So, when we have to calculate the value of x when y is given we use bxy and when we calculate the value of y when x is given byxis used.