An issue of USA Today reported the average fees charged to use another bank's ATM for 2000-2005.YearATM Fee2000$2.552001$2.842002$2.672003$2.812004$3.002005$2.85(a) Use these data to find a least squares line of ATM fees as a function of years since 2000. (Round your coefficients to threedecimal places.)y =(b) Estimate the average ATM fee for 2009. (Round your answer to the nearest cent.)

Answered: An issue of USA Today reported the…

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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Similar questions

Use the least squares regression model to estimate the maximum sustained wind speed in a hurricane when the pressure reading is 950 mb. Interpret the slope of the least squares regression model in the context of wind speed and atmospheric pressure. Determine the coefficient of determination and interpret its meaning in the context of wind speed and atmospheric pressure.
Report the equation of the regression line and interpret it in the context of the problem
An article gave data on a measure of pollution (in micrograms of particulate matter per cubic meter of air) and the cost of medical care per person over age 65 for six geographical regions of the United States. Find the equation of the least-squares line describing the relationship between y = medical cost and x = pollution. (Give the answer to two decimal places.) ŷ = Region North eBook Upper South Deep South West South Big Sky West Additional Materials Pollution Cost of Medical 30.0 922 31.8 898 32.1 975 26.8 979 30.4 959 40.0 906
The following table gives estimates of the percent of a certain country's population below the poverty level for 1998–2008. Year Percent 1998 12.8 2000 11.2 2002 12.1 2004 12.7 2006 12.9 2008 13.2 Find the least squares line that relates years to percent below the poverty level. (Let x = 0 represent the year 1998. Enter a mathematical expression.
Interpreting technology: A biologist computed a least-squares regression line for predicting the brain weight in grams of a bird from its body weight in grams. The results are presented in the following Excel output. Coefficients Intercept 3.68952298 Body Weight 0.07800925 Part: 0 / 2 Part 1 of 2 Write the equation of the least-squares regression line. Use the full accuracy shown in the Excel output (do not round your answers). Regression line equation: y = X
The graph to the right gives the percent of persons 25 years and over who have completed four or more years of college. Percentage of College Graduates 40- 35- a. Use the method of least squares to obtain the straight line that best fits these data. b. Estimate the percent for the year 2008. c. If the trend continues, when will the percent reach 32? 30- 27.9 29.6 ll 23- 20 19.3 21.1 233 25.6 15- 10- 5- 1985 1990 1995 2000 2005 2010 (a) Use the method of least squares to obtain the straight line that best fits this data. Make the numbers more manageable by counting years beginning with 1985. The least-squares line is y =x+ (Type an integer or decimal rounded to the nearest hundredth as needed.)
Percentages of public school students in fourth grade in 1996 and in eighth grade in 2000 who were at or above the proficient level in mathematics are given for eight western states. Find the equation of the least-squares line that summarizes the relationship between x = 1996 fourth-grade math proficiency percentage and y = 2000 eighth-grade math proficiency percentage. (Give the numerical values to four decimal places.) |4th grade 8th grade (1996) State (2000) Arizona 15 21 California 11 18 Hawaii 16 16 Montana 22 37 New Mexico 13 13 Oregon 21 32 Utah 23 26 Wyoming 19 25 n USE SALT ŷ =

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