subject is linear regression and finding the equation of a straight line that fits best 2.Business A appears to be profitable, while Business Bappears to be failing. With X being the time in monthsand Y being the corresponding profit,X/YX/YBusiness A Business B A) For each business, what is theequation of the straight linethat fits the data "best?"B)At what month will business Bshow a profit of Y=0?3 217/2912/3618 4123 5233 852485 4413 3518/3028/2436 27c) At what month will the profitfrom Business A exceed thatof Business B?

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Answered: 5 A) for each business, what is the…

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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Using data from the attatched chart, and the equation stated below, answer questions a,b,and c. linear equation: y=0.078x+2.42 a. Write a linear equation in slope-intercept form that models the data. b. Use the equation from part (a) to project the demand for teachers in 2024. c. Project the year when the demand for teachers will reach 6 million.
In multiple regression, you can have nominal and continuous predictors true or false
Residual analysis is important when studying the potential for linear regression because it allows for assumptions to be ignored for a time while graphs are created. True O False
Give an equation for a linear regression model for these data to predict the weight from the fuel capacity, Identify the vanables in your equation. • Justify how well your linear equation fits the model by discussing a scatter plot of the date and the correlation coetlicient in assessing the fit of your linear model. • Use your model to predict the total weight of a small motorcycle that has a tuel capacity of 6 gallons. and discuss the usefulness of this prediction.

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5 A) for each business, what is the equation of the straight line that fits the data "best?" B)At what month will business B show a profit of Y=0? c) At what month will the profit From Business A exceed that of Business B?