Predictions: Onc. Predict the cost of creating an app involving 6 developers, 650 hours and $23,000 insoftware and testing costs.$Accessibility: InvestigateSearchSAMSUNGI t Predictions: OnA startup team is interested in creating a productivity app. In estimating the cost ofcreating the app, they collected sample data and developed the following regressionequation:where number of developersb2number of hours spent creating the appIs cost of software and testing ($'000)y-total cost of creating app ($'000)a. What is the value of b2 in the equation?y = -8.006-19.271x1 +0.8462 +1.786x3b. Does it make sense to interpret bo in this equation?YesNoAccessibility: InvestigateSearchOW5I

The regression equation is y = -8.006+19.271x1+0.846 x2+1.786x3 a. The value of b2 is b2 =0.846.

Answered: A startup team is interested in…

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 sports blogger is looking to determine an equation that relates a professional football quarterback's salary with his passer rating, touchdowns thrown, the average number of wins per season, and the number of years the quarterback has been in the league. What is the correct format for a multiple regression equation? Select the correct answer below: yˆ=b0+b1x1+b2x2+b3x3 yˆ=b1x1+b2x2+b3x3 yˆ=b0+b1x1+b2x2+b3x3+b4x4 yˆ=b0+b1x1+b2x2
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