A manager wishes to determine the relationship between the number of miles traveled (in hundreds of miles) by her sales representatives and their amount of sales (in thousands ofdollars) per month. Find the equation of the regression line for the given data. What would be the predicted sales if the sales representative traveled 0 miles? Is this reasonable? Whyor why not? Round the predicted sales to the nearest dollar. Round the regression line values to the nearest hundredth.Miles traveled, xD7 8 15 3 1112 3 1031 33 78 62 65 61 48 55 120Sales, yCO A. y = 3.53x + 37.92; $37,920; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.OB. y=3.53x + 37.92; $37,920; Yes; it is reasonable for a representative to travel 0 miles and have a positive amount of sales.OC. y = 3.53x + 37.92; $3792; No; it is not reasonable for a representative to travel 0 miles and have a positive amount of sales.OD. y = 37.92x +3.53; $3792; Yes; it is reasonable for a representative to travel 0 miles and have a positive amount of sales.

The given data is as follows: x y 2 31 3 33 10 78 7 62 8 65 15 61 3 48 1 55 11…

Answered: A manager wishes to determine 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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A researcher that there is a linear association between the level of potassium content (y) in milligrams and the amount of fiber (x) in grams in cereal. The regression line for the data is computed to y=37+28x rate. It was also computed that r=.59 A. What does the value . 59 tell you? B. What does the value 37 tell you? C. What does the value 28 tell you ? 2. For the line in question 1 what percentage of variability in potassium can be explained by variability in fiber?
help with question number 1 and 2 please. 1.The regression equation is ?? (Round to one decimal place as needed.) 2. The best predicted gross for a movie with a $125 million budget is $ million.
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