Math Problem Statement

In Professor Friedman’s econom­ ics course, the correlation between the students’ total scores prior to the final examination and their final- examination scores is r = 0.6. The pre-exam totals for all students in the course have mean 280 and stan­ dard deviation 30. The final-exam scores have mean 75 and standard deviation 8. Professor Friedman has lost Julie’s final exam but knows that her total before the exam was 300. He decides to predict her final- exam score from her pre-exam total.

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Regression
Correlation
Statistics

Formulas

ŷ = ȳ + r ⋅ (sy / sx) ⋅ (x - x̄)
ŷ: Predicted final exam score
r: Correlation coefficient
sy: Standard deviation of final exam scores
sx: Standard deviation of pre-exam scores
x̄: Mean of pre-exam scores
ȳ: Mean of final exam scores

Theorems

Linear Regression Model

Suitable Grade Level

College Level (Statistics/Economics)