A model fit predicting preference for President (Democrat, Republican, Independent) using x = annual income (in $10,000 dollars) is log(^p/₁) =3.3- 0.2x and log(îR/î₁) = 1.0+ 0.3x.< (1) State the prediction equation for log(R/D). Interpret its slope.< (2) Find the range of x for which R > fD.< (3) State the prediction equation for ft.<

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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A model fit predicting preference for President (Democrat, Republican, Independent)
using x = annual income (in $10,000 dollars) is log(îñ/î₁) =3.3- 0.2x and log(îR/Î₁)
= 1.0+ 0.3x.<
(1) State the prediction equation for log(R/D). Interpret its slope.<
(2) Find the range of x for which R > πD.<
(3) State the prediction equation for ft.<
Transcribed Image Text:A model fit predicting preference for President (Democrat, Republican, Independent) using x = annual income (in $10,000 dollars) is log(îñ/î₁) =3.3- 0.2x and log(îR/Î₁) = 1.0+ 0.3x.< (1) State the prediction equation for log(R/D). Interpret its slope.< (2) Find the range of x for which R > πD.< (3) State the prediction equation for ft.<
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