A statistics student wanted to determine if the distance to a destination was related to the price an airline would charge to fly to that destination. The student did a regression of airfare, y, on distance, x, and obtained the printou shown below from a statistical software package. Predictor Coef Constant 83.02 Distance 0.117 SE Coef 49.29 0.028 Oŷ= 0.117 + 83.02x Oy=83.02 +0.117x Oŷ= 49.29 + 83.02x Oŷ= 0.028+ 0.117x Oŷ=83.02 + 25.25x t-ratio 1.689 4.179 S = 25.25 R-Sq = 63.2% R-Sq (Adj) Which of the following is the correct equation of the least-squares line? Р 0.046 0.000 = 64.7%
A statistics student wanted to determine if the distance to a destination was related to the price an airline would charge to fly to that destination. The student did a regression of airfare, y, on distance, x, and obtained the printou shown below from a statistical software package. Predictor Coef Constant 83.02 Distance 0.117 SE Coef 49.29 0.028 Oŷ= 0.117 + 83.02x Oy=83.02 +0.117x Oŷ= 49.29 + 83.02x Oŷ= 0.028+ 0.117x Oŷ=83.02 + 25.25x t-ratio 1.689 4.179 S = 25.25 R-Sq = 63.2% R-Sq (Adj) Which of the following is the correct equation of the least-squares line? Р 0.046 0.000 = 64.7%
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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
Transcribed Image Text:A statistics student wanted to determine if the distance to a destination was related to the price an airline would
charge to fly to that destination. The student did a regression of airfare, y, on distance, x, and obtained the printout
shown below from a statistical software package.
Predictor Coef
Constant 83.02
Distance
0.117
Oŷ= 0.117+83.02x
Oy=83.02 +0.117x
Oy= 49.29 + 83.02x
Oŷ= 0.028 + 0.117x
Oy=83.02 + 25.25x
1
SE Coef
49.29
0.028
S = 25.25
R-Sq = 63.2 %
Which of the following is the correct equation of the least-squares line?
Mark this and return
t-ratio
1.689
4.179
R-Sq (Adj) = 64.7%
Save and Exit
р
0.046
0.000
di I
tv
Next
AM
Submit
Aa
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