A random sample of ten professional athletes produced the following data. The first row is the number of endorsements the athlete has and the second row is the amount of money made (in millions of dollars) by the athlete. What is the y-intercept of the line of best fit? What does it represent in the context of the problem? Number of Endorsements 0 3 2 1 5 5 4 3 0 4 Profit (in Millions) 2 8 7 3 13 12 9 9 3 10 Group of answer choices 1.988; 2.2; The increase in profit per endorsement for an athlete. (0, 2.2); The point represents the increase in profit of the athlete once the athlete starts signing endorsements. (0, 1.988); The point represents the profit of the athlete if the athlete has no endorsements. (0, 2.2); The point represents the profit of the athlete if the athlete has no endorsements. 1.988; The point represents the profit of the athlete if the athlete has no endorsements. 2.2; The increase in profit per endorsement for an athlete. 2.2; The profit of the athlete
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A random sample of ten professional athletes produced the following data. The first row is the number of endorsements the athlete has and the second row is the amount of money made (in millions of dollars) by the athlete. What is the y-intercept of the line of best fit? What does it represent in the context of the problem?
Number of Endorsements |
0 |
3 |
2 |
1 |
5 |
5 |
4 |
3 |
0 |
4 |
Profit (in Millions) |
2 |
8 |
7 |
3 |
13 |
12 |
9 |
9 |
3 |
10 |
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