A parking garage charges $2.25 for the first hour of parking and $1.50 for each additional hour. Construct a table of values that shows the relationship between hours and the cost for parking for 1 to 4 hours. Hours Cost Create a graph of the data in your table with desmos.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
A parking garage charges $2.25 for the first hour of parking and $1.50 for each additional hour.
- Construct a table of values that shows the relationship between hours and the cost for parking for 1 to 4 hours.
|
Hours |
Cost |
- Create a graph of the data in your table with desmos.
- Is this relationship linear, quadratic, or exponential? Justify your reasoning.
- How much would it cost to park in the garage for 10 hours? Show or explain your work.
e. Write an equation to represent the relationship between the number of hours, h, and the total cost for parking, C.
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