Based on the scatter plot above, describe the relationship between the amount of cost damage and the distance from nearest fire station to the residential. Determine the regression line for the above regression output. Interpret the slope coefficient of distance to the nearest station affecting the amount of fire cost damage.
Based on the scatter plot above, describe the relationship between the amount of cost damage and the distance from nearest fire station to the residential. Determine the regression line for the above regression output. Interpret the slope coefficient of distance to the nearest station affecting the amount of fire cost damage.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 22PFA
Related questions
Question
- Based on the
scatter plot above, describe the relationship between the amount of cost damage and the distance from nearest fire station to the residential.
- Determine the regression line for the above regression output.
- Interpret the slope coefficient of distance to the nearest station affecting the amount of fire cost damage.
- Compute the
correlation coefficient and interpret its meaning.
- Does the distance to the nearest fire station has significant influence on the cost damage amount? Conduct a test at 1% significance level. ]
- Predict the fire cost damage generated if the distance from nearest fire station is 2.5 kilometers. Is this estimate reliable? Explain. []
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