10) Using advertised prices for used Ford Escorts a linear model for the relationship between a car's age and its price is found. The regression has an R2-87.4%. Write a sentence summarizing what R2 says about this regression. A) The age of the car explains 9.35% of the variation in price. B) The price of the car explains 12.6% of the variation in age. C) The age of the car explains 87.4% of the variation in price. D) The price of the car explains 87.4% of the variation in age. E) The age of the car explains 12.6% of the variation in price. Solve. Round to two decimal places if necessary. 11) At one college, 68% of students have credit cards. A credit card company, looking for new customers, sets up a booth at the college. If they pick students at random, how many students should they expect to talk to before finding one who does not have a credit card? A) 32 B) 3.13 D) 68 C) 0.32 E) 1.47
10) Using advertised prices for used Ford Escorts a linear model for the relationship between a car's age and its price is found. The regression has an R2-87.4%. Write a sentence summarizing what R2 says about this regression. A) The age of the car explains 9.35% of the variation in price. B) The price of the car explains 12.6% of the variation in age. C) The age of the car explains 87.4% of the variation in price. D) The price of the car explains 87.4% of the variation in age. E) The age of the car explains 12.6% of the variation in price. Solve. Round to two decimal places if necessary. 11) At one college, 68% of students have credit cards. A credit card company, looking for new customers, sets up a booth at the college. If they pick students at random, how many students should they expect to talk to before finding one who does not have a credit card? A) 32 B) 3.13 D) 68 C) 0.32 E) 1.47
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![10) Using advertised prices for used Ford Escorts a linear model for the relationship between a car's
age and its price is found. The regression has an R2-87.4%. Write a sentence summarizing what
R2
says about this regression.
A) The age of the car explains 9.35% of the variation in price.
B) The price of the car explains 12.6% of the variation in age.
C) The age of the car explains 87.4% of the variation in price.
D) The price of the car explains 87.4% of the variation in age.
E) The age of the car explains 12.6% of the variation in price.
Solve. Round to two decimal places if necessary.
11) At one college, 68% of students have credit cards. A credit card company, looking for new
customers, sets up a booth at the college. If they pick students at random, how many students
should they expect to talk to before finding one who does not have a credit card?
A) 32
B) 3.13
D) 68
C) 0.32
E) 1.47](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F532376c9-ae3d-442c-969f-4523906b17dc%2Faf5b4f44-8632-4ecc-838e-058bdb1ffc74%2Fmzgty8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:10) Using advertised prices for used Ford Escorts a linear model for the relationship between a car's
age and its price is found. The regression has an R2-87.4%. Write a sentence summarizing what
R2
says about this regression.
A) The age of the car explains 9.35% of the variation in price.
B) The price of the car explains 12.6% of the variation in age.
C) The age of the car explains 87.4% of the variation in price.
D) The price of the car explains 87.4% of the variation in age.
E) The age of the car explains 12.6% of the variation in price.
Solve. Round to two decimal places if necessary.
11) At one college, 68% of students have credit cards. A credit card company, looking for new
customers, sets up a booth at the college. If they pick students at random, how many students
should they expect to talk to before finding one who does not have a credit card?
A) 32
B) 3.13
D) 68
C) 0.32
E) 1.47
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