A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants for food, decor, service, and the cost per person. Develop a regression model to predict the cost per person, based on a variable that represents the sum of thethree ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts (a) through (e) below.Click the icon to view the table of summated ratings and cost per person.a. Construct a scatter plot. Choose the correct graph below.O A.90+00Cost ($)TheMRating90QO B.A Cost (5)90+0H+4AlpeRating90Qb. Assuming a linear relationship, use the least-squares method to compute the regression coefficients bo and b₁.bo= and b₁ =(Round to two decimal places as needed.)CO C.90+0-Cost (S)HARating90QSummated Ratings and Cost Per PersonSummated Rating Cost ($ per person)4048606142404355676966636155615048535175635551574657546763527469Print433535423785513933312343466459274949- XDone

Answered: A magazine publishes restaurant ratings…

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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The graph shows the heights of mothers and daughters. (Source: StatCrunch: Mother and Daughter Heights.xls. Owner: craig slinkman) (a) As the data are graphed, which is the independent variable and which the dependent variable? (b) From the graph, approximate the predicted height of the daughter of a mother who is 60 inches (5feet) tall. (c) From the equation, determine the predicted height of the daughter of a mother who is 60 inches tall. (d) Interpret the slope. (e) What other factors besides the mother's height might influence the daughter’s height?
Think of two variables, they could be from everyday life, that you feel would be strongly correlated, either positively or negatively. Describe why you would care about those two variables being correlated, and if you were to find a linear equation (best fit line) for them, what would you use it for. If you need to do some research online to find examples to post, that would be encouraged. 1.) Describe why these variables/correlation have personal meaning in your life 2.) Note whether they have a positive or negative correlation 3.) Describe what the best fit regression line would represent
Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y = - 97.06x + 49.41 and the r = - 0.77. What percentage of the variation in y can be explained by the variation in the values of x? % (Report exact answer, and do not enter the % sign)
How do you figure this out using conjoint analysis in a linear regression? Determine how various attributes impact the purchase of a car. There are four attributes, each with three levels: Brand: Ford = 1, Chrysler = 2, GM = 3 MPG: 15 MPG = 1, 20 MPG = 2, 25 MPG = 3 Horsepower (HP): 100 HP = 1, 150 HP = 2, 200 HP = 3 Price: $18,000 = 1, $21,000 = 2, $24,000 = 3 The nine product profiles ranked in the data file were evaluated by a consumer. (a) For this market segment, rank the product attributes from most important to least important. Below is the data provided. Brand MPG Power Price Rank 1 1 1 1 4 1 2 2 3 7 1 3 3 2 3 2 1 2 2 6 2 2 3 1 2 2 3 1 3 9 3 1 3 3 8 3 2 1 2 5 3 3 2 1 1
A real estate agent has developed a linear model for the price of a house, P, in dollars in terms of the area, A, in square feet for the homes in a certain neighborhood. The data set had areas ranging from 1,000 square feet to 4,500 square feet. Would predicting the prices of a home that is 4,900 square feet be interpolation or extrapolation? Explain. Using the model to predict the price of a 4,900 square foot home is extrapolation because 4,900 square feet is outside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is interpolation because 4,900 square feet is inside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is extrapolation because 4,900 square feet is inside the range of the areas in the data. Using the model to predict the price of a 4,900 square foot home is interpolation because 4,900 square feet is outside the range of the areas in the data.
$339,380 $41,768 A national homebuilder builds single-family homes and condominium-style townhouses. The accompanying dataset provides information on the selling price, lot cost, and type of home for closings during one month. Complete parts a through c. E Click the icon to view the house sales data a. Develop a multiple regression model for sales price as a function of lot cost and type of home without any interaction term. Create a dummy variable named "Townhouse", where it is equal to 1 when Type = "Townhouse" and 0 otherwise. Determine the coefficients of the regression equation. Sales Price = 108726 + (3.68 ) • Lot Cost + ( - 75063 )• Townhouse (Round the constant and coefficient of Townhouse to the nearest integer as needed. Round all other values to two decimal places as needed.) b. Determine if an interaction exists between lot cost and type of home and find the best model. Use a = 0.1 as the level of significance. First determine whether an interaction exists. Select the…
Statistics - Regression Analysis
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Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y= -71.12x + 92.48 and the r= -0.571
Below is the actual data on the speed a person walks or runs in miles/hour and the calories the person burns per lap. Find the linear equation of best fit for this data. Compare the model to the data. Does the model seem to fit the data? Explain. What is the significance of the y-intercept? What is the slope and what does it mean? What is the x-intercept and what does it mean? What is the correlation coefficient and what does it mean? Speed (mph) Calories/lap 1 42 2 31 3 27 4 41 5 40 6 40 7 39 8 38 r answers to the nearest hundredth. The y-intercept means that if a person runs at ----------mph they will burn__________ per lap. The slope means that for each mph you increase your speed, you will burn an additional------------calories pay lap
A scientist measures the velocity of a major river at various depths. After collecting and analyzing the data, the scientist determines that the equation -0. 114x + 1. 658, where y = x represents the depth, in feet, and y represents the velocity of the river, in feet per second, can be used to model the data. The linear model has a correlation coefficient of 0. 964. Part A: Explain what the slope and intercept of the equation mean in terms of the context. Part B: Explain what the correlation coefficient indicates about the relationship between the two variables.
Range of ankle motion is a contributing factor to falls among the elderly. Suppose a team of researchers is studying how compression hosiery, typical shoes, and medical shoes affect range of ankle motion. In particular, note the variables Barefoot and Footwear2. Barefoot represents a subject's range of ankle motion (in degrees) while barefoot, and Footwear2 represents their range of ankle motion (in degrees) while wearing medical shoes. Use this data and your preferred software to calculate the equation of the least-squares linear regression line to predict a subject's range of ankle motion while wearing medical shoes, ?̂ , based on their range of ankle motion while barefoot, ? . Round your coefficients to two decimal places of precision. ?̂ = A physical therapist determines that her patient Jan has a range of ankle motion of 7.26°7.26° while barefoot. Predict Jan's range of ankle motion while wearing medical shoes, ?̂ . Round your answer to two decimal places. ?̂ = Suppose Jan's…

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