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4. A school organization would like to sell cupcakes for fund raising. Its members gathered data on the prices (in pesos) and quantities (in number of pieces) sold from previous fund raising activities. Price 25 28 30 33 35 36 40 45 50 55 Quantity 1000 1050 1000 950 900 950 800 850 700 500

4. A school organization would like to sell cupcakes for fund raising. Its members gathered data on the prices (in pesos) and quantities (in number of pieces) sold from previous fund raising activities. Price 25 28 30 33 35 36 40 45 50 55 Quantity 1000 1050 1000 950 900 950 800 850 700 500

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question: A school organization would like to sell cupcakes for fund raising. Its members gathered data on the prices (in pesos) and quantities (in number of pieces) sold from previous fund raising activities. Predict the price for 2500 cupcakes. Prices and Quantities data given below. Please answer like the format example on the 2nd picture.
Foot size -> Palm size - y 3. A random sample of students measured their feet and palms (in centimeters) as shown in the table below, 26.2 8.2 24.5 7 23.2 7.7 1.1 23 7 24.8 7.5 Foot 26.2 24.5 23.2 23.0 24.8 22.1 22.5 24.5 25.0 27.0 22.1 7.5 22.5 7.5 Palm 8.2 7.0 7.5 9.0 9.0 10.0 24.5 9 7.7 7.0 7.5 7.5 25 9 27 10 SUMMARY OUTPUT What is the palm size if a foot measures 24 centimeters? Whatever is predicted is always the variable y. Regression Statistics Multiple R 0.695728198 R Square Adjusted R 0.419542441 Standard Er 0.756099332 0.484037725 Observatior 10 ANOVA df MS F gnificance F 1 4.29051 4.29051 7.50501 0.02547 8 4.57349 0.57169 Regression Residual 8 Total 9. 8.864 Coefficients andard Err t Stat P-value ower 95%Jpper 95%ower 95.0 pper 95.0% y=a+bx Intercept -2.51670779 3.86089 -0.65185 0.53278 -11.4199 6.38652 -11.4199 6.38652 y=-2.517+0.4348x Foot size -> 0.434790271 0.15871 2.73953 0.02547 0.0688 0.80078 0.0688 0.80078 x=24 (foot size), y= ? palm size 7.91826 expect the palm size to be 7.918 cm
Transcribed Image Text:Foot size -> Palm size - y 3. A random sample of students measured their feet and palms (in centimeters) as shown in the table below, 26.2 8.2 24.5 7 23.2 7.7 1.1 23 7 24.8 7.5 Foot 26.2 24.5 23.2 23.0 24.8 22.1 22.5 24.5 25.0 27.0 22.1 7.5 22.5 7.5 Palm 8.2 7.0 7.5 9.0 9.0 10.0 24.5 9 7.7 7.0 7.5 7.5 25 9 27 10 SUMMARY OUTPUT What is the palm size if a foot measures 24 centimeters? Whatever is predicted is always the variable y. Regression Statistics Multiple R 0.695728198 R Square Adjusted R 0.419542441 Standard Er 0.756099332 0.484037725 Observatior 10 ANOVA df MS F gnificance F 1 4.29051 4.29051 7.50501 0.02547 8 4.57349 0.57169 Regression Residual 8 Total 9. 8.864 Coefficients andard Err t Stat P-value ower 95%Jpper 95%ower 95.0 pper 95.0% y=a+bx Intercept -2.51670779 3.86089 -0.65185 0.53278 -11.4199 6.38652 -11.4199 6.38652 y=-2.517+0.4348x Foot size -> 0.434790271 0.15871 2.73953 0.02547 0.0688 0.80078 0.0688 0.80078 x=24 (foot size), y= ? palm size 7.91826 expect the palm size to be 7.918 cm
4. A school organization would like to sell cupcakes for fund raising. Its members gathered data on the prices (in pesos) and quantities (in number of pieces) sold from previous fund raising activities. Price 25 28 30 33 35 36 40 45 50 55 Quantity 1000 1050 1000 950 900 950 800 850 700 500
Transcribed Image Text:4. A school organization would like to sell cupcakes for fund raising. Its members gathered data on the prices (in pesos) and quantities (in number of pieces) sold from previous fund raising activities. Price 25 28 30 33 35 36 40 45 50 55 Quantity 1000 1050 1000 950 900 950 800 850 700 500
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