20 40 60 80 100 120 140 160 180 200 220 Number of coffee drinks The regression equation is Y = 500 + 2.5X. What is the interpretation of the slope? Pick Coffee drinks sold per dollar spent by the shop What is Price per coffee drink Total e
20 40 60 80 100 120 140 160 180 200 220 Number of coffee drinks The regression equation is Y = 500 + 2.5X. What is the interpretation of the slope? Pick Coffee drinks sold per dollar spent by the shop What is Price per coffee drink Total e
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:LLENGE ACTIVITY
3.1.4: Linear regression equation for line of best fit.
Jump to level 1
The scatter plot shows the relationship between the number of coffee drinkS sold and the total expenses of a coffee
shop.
1500
1000
500
20
40
60
80
100
120
140
160
180
200
220
Number of coffee drinks
The regression equation is Y
= 500 + 2.5X.
What is the interpretation of the slope?
Pick
Coffee drinks sold per dollar spent by the shop
What is Price per coffee drink
Total expense to the shop per coffee drink sold
Check
Next
Total expenses (in dollars)
Transcribed Image Text:Jump to level 1
The scatter plot shows the relationship between the number of coffee drinks sold and the total expenses of a coffee
shop.
1500
1000
500
20
40
60
80
100
120
140
160
180
200
220
Number of coffee drinks
The regression equation is Y = 500 + 2.5X.
What is the interpretation of the slope?
Pick
What is the interpretation of the intercept?
Pick
No practical interpretation
The number of coffee drinks sold even if the shop spends nothing
What the shop spends even if no coffee drinks are sold
Check
Next
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