6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees.The price of the chocolates and the number of boxes sold varies each year. The information fromfive years of sales is given in the table below.Price perbox (S)3.004.005.506.508.00Воxes53033360177713161019solda. Find the regression equation in the form y = ax' + bx² +cx +d that best approximates thedata. Express the values of a, b, c, and d to the nearest hundredth. ib. Use the equation to find the number of boxes, to the nearest whole number, that the team willsell if they charge $4.35 per box.c. One year, the team only sold 125 boxes of chocolates. What price did they charge for eachbox?d. If the team raises the price too high, they will not sell any boxes. Use your regressionequation to predict the price of a box that will result in zero boxes sold.

Answered: Image /qna-images/answer/06b35940-3552-4f81-9657-a7d867c82edf.jpg

Answered: 6. Each year, a baseball team sells…

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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Use the given data to find the scatter plot, equation of the regression line, and prediction. 4) Managers rate employees according to job performance and attitude. The results for several randomly selected employees are given below. Performance 59 63 65 69 58 77 76 | 69 70 64 Attitude 72 67 78 82 75 87 92 83 87 78 What function do you use to see the scatterplot on the calculator. Scatterplot from the calculator:
Choose the correct answer of each number. 1. An analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. Used regression analysis to predict $ sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2. If the advertising budgets of one of the branches of the corporation is now $45,000 (which is 10% more than before) and the salary of sales representatives is now $8,500 (which is 20% less than before), then the predicted sales before in that branch is a. $417,750 b. $341,250 c. $376,700 d. $335,6502. An analyst hired by the multinational company to study the sales data of its more than 75 stores worldwide. Used regression analysis to predict $ sales (y) by using $ advertising (x1) and $ salary of sales representatives (x2) across all the branches. You obtained the following regression function: y = 7800 + 8.5x1-1.6x2. If…
Develop a scatterplot and explore the correlation between customer age and net sales by each type of customer (regular/promotion). Use the horizontal axis for the customer age to graph. Find the linear regression line that models the data by each type of customer. Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Hint: Rate of Change = Vertical Change / Horizontal Change = Change in y / Change in x
Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per 100,000 people, find the best predicted crash fatality rate for a year in which there are 500 metric tons of lemon imports. Is the prediction worthwhile? Find the equation of the regression line. (Round the constant three decimal places as needed. Round the coefficient to six decimal places as needed.) The best predicted crash fatality rate for a year in which there are 500 metric tons of lemon imports is _______ fatalities per 100,000 population. (Round to one decimal place as needed.) Is the prediction worthwhile? A. Since the sample size is small, the prediction is not appropriate. B. Since common sense suggests there should not be much of a relationship between the two variables, the prediction does not make much sense. C. Since all of the requirements…
Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The caloric content and the sodium content (in milligrams) for 6 beef hot dogs are shown in the table below. 170 480 Calories, x Sodium, y 560 Find the regression equation. ŷ=x+ (Round to three decimal places as needed.) Choose the correct graph below. OA. 0ff 0 200 150 430 Calories 130 320 a 130 380 O B. 560 0 80 250 200 G Calories (a) Predict the value of y for x = 160. Choose the correct answer below. OA. 390.863 OB. 440.983 OC. 591.343 O D. not meaningful (b) Predict the value of y for x = 90. Choose the correct answer below. 190 510 (a) x (c) x 160 calories 140 calories O C. A 560+ 0-T 0 200 Calories (b) x = 90 calories (d) x = 220 calories OD. 560- 0 200 Calories Q
Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (Each pair of variables has a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The caloric content and the sodium content (in milligrams) for 6 beef hot dogs are shown in the table below. Calories, x Sodium, y 130 380 80 270 (a) x= 150 calories (c) x-120 calories 190 160 415 180 465 130 350 (b) X3D90 calories (d) x= 60 calories 540 (a) Predict the value of y for x= 150. Choose the correct answer below. O A. 212.451 B. 347.151 C. 414.501 O D. not meaningful (b) Predict the value of y for x= 90. Choose the correct answer below. O A. 212.451 O B. 347.151 es OC. 279.801
Find the regression equation, letting the first variable be the predictor (x) variable. Find the best predicted Nobel Laureate rate for a country that has 79.4 Internet users per 100 people. How does it compare to the country's actual Nobel Laureate rate of 1.2 per 10 million people? Internet Users Per 100 Nobel Laureates 79.3 5.6 80.5 24.2 78.8 8.7 45.2 0.1 82.5 6.2 38 0.1 90.3 25.4 88.6 7.6 80.3 9.1 83.1 12.6 53.3 1.9 76.3 12.7 56.6 3.3 78.5 1.5 91.6 11.5 93.4 25.2 65.3 3.1 57.3 1.9 68.2 1.7 94.8 31.6 85.4 31.3 86.4 19.1 78.3 10.9 2) Check Image
H. Find the slope and y-intercept of each regression line. Then, determine if the correlation between the variables is positive or negative. (12 points) Regression Line Equation 1. Y = 1.751X – 21.722 Slope y-intercept Kind of Correlation 2. Y = -221.943X+65.434 3. Y = -82.455X –314.986 4. Y = 0.997X + 0.168
Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (The pair of variables have a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The table below shows the heights (in feet) and the number of stories of six notable buildings in a city. (a) x 503 feet (c) x = 318 feet (b) x = 649 feet (d) x = 724 feet 766 494 484 520 44 620 508 Height, x Stories, y 51 46 43 39 38 (c) Predict the value of y for x=318. Choose the correct answer below. O A. 34 B. 50 O C. 47 O D. not meaningful (d) Predict the value of y for x=724. Choose the correct answer below. O A. 34 O B. 41 50
Construct and interpret a 95% prediction interval for the proceeds when the number of issues is 658.
4)
Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line. (The pair of variables have a significant correlation.) Then use the regression equation to predict the value of y for each of the given x-values, if meaningful. The table below shows the heights (in feet) and the number of stories of six notable buildings in a city. Height, x Stories, y (b) x = 649 feet (d) x = 724 feet 766 620 520 508 494 484 (a) x = 503 feet 51 46 44 43 39 38 (c) x = 318 feet Find the regression equation. (Round the slope to three decimal places as needed. Round the y-intercept to two decimal places as needed.) Choose the correct graph below. O A. O B. O C. O D. 60- 60- 60 60- 0- 800 800 800 Height (feet 800 Height (feet) Height (Teet) Stories Stories:

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