C. The following table shows the mileage and selling prices of eight used cars of the same model Mileage Price 21,000 $16,000 34,000 $11,000 41,000 $13,000 43,000 $14,000 65,000 $10,000 72,000 $12,000 76,000 $7,000 84,000 $7,000 (i) Construct the linear equation that best fit and interpret the result.
C. The following table shows the mileage and selling prices of eight used cars of the same model Mileage Price 21,000 $16,000 34,000 $11,000 41,000 $13,000 43,000 $14,000 65,000 $10,000 72,000 $12,000 76,000 $7,000 84,000 $7,000 (i) Construct the linear equation that best fit and interpret the result.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Answer C

Transcribed Image Text:QUESTION SEVEN
A. Define correlation between two variables and explain how to interpret different
values of r.
B. The following table shows the number of hours six students studied for a final exam
and there final scores.
Hours
Exam score
3
86
95
4
92
83
2
78
3
82
(i) Calculate the correlation coefficient between hours studied and exam score.
(ii) Test the significance of the correlation coefficient between hours studied and
exam score using a=0.05.
C. The following table shows the mileage and selling prices of eight used cars of the
same model
Mileage
Price
21,000
$16,000
34,000
$11,000
41,000
$13,000
43,000
$14,000
65,000
$10,000
72,000
$12,000
76,000
$7,000
84,000
$7,000
(i) Construct the linear equation that best fit and interpret the result.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman