e. Add a new point to the data, a 30-pound turkey that is free. Give the new value for r and the new regression equation. Explain what the negative correlation implies. What happened? State the new value for r. (Round to three decimal places as needed.) r= Determine the new regression equation. Predicted Cost = (Round to two decimal places as needed.) What does the negative correlation imply? Weight OA. A negative correlation suggests that larger turkeys have the same cost as smaller turkeys. O B. A negative correlation suggests that larger turkeys tend to have a higher cost. OC. A negative correlation suggests that there is no association between the size of a turkey and its cost. OD. A negative correlation suggests that larger turkeys tend to have lower cost. What happened when the new data point was added? O A. The results with the new point are the same as the results without the new data point. The 30-pound free turkey was not an outlier, and did not affect the results. OB. While the 30-pound free turkey was an outlier, the results with the new point are the same as the results without the new data point. O C. The 30-pound free turkey was an influential point, which significantly changed the results. O D. The results with the new point are similar to the results without the new data point. The 30-pound free turkey slightly affected the results.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Hello I need help in awswering all the parts for problem e thank you.

e. Add a new point to the data, a 30-pound turkey that is free. Give the new value for r and the new regression equation. Explain what the negative correlation implies. What happened?

State the new value for r.

\( r = \underline{\hspace{50px}} \) (Round to three decimal places as needed.)

Determine the new regression equation.

Predicted Cost = \(\underline{\hspace{50px}}\) + (\(\underline{\hspace{50px}}\)) Weight 
(Round to two decimal places as needed.)

What does the negative correlation imply?

- **A.** A negative correlation suggests that larger turkeys have the same cost as smaller turkeys.
- **B.** A negative correlation suggests that larger turkeys tend to have a higher cost.
- **C.** A negative correlation suggests that there is no association between the size of a turkey and its cost.
- **D.** A negative correlation suggests that larger turkeys tend to have a lower cost.

What happened when the new data point was added?

- **A.** The results with the new point are the same as the results without the new data point. The 30-pound free turkey was not an outlier, and did not affect the results.
- **B.** While the 30-pound free turkey was an outlier, the results with the new point are the same as the results without the new data point.
- **C.** The 30-pound free turkey was an influential point, which significantly changed the results.
- **D.** The results with the new point are similar to the results without the new data point. The 30-pound free turkey slightly affected the results.
Transcribed Image Text:e. Add a new point to the data, a 30-pound turkey that is free. Give the new value for r and the new regression equation. Explain what the negative correlation implies. What happened? State the new value for r. \( r = \underline{\hspace{50px}} \) (Round to three decimal places as needed.) Determine the new regression equation. Predicted Cost = \(\underline{\hspace{50px}}\) + (\(\underline{\hspace{50px}}\)) Weight (Round to two decimal places as needed.) What does the negative correlation imply? - **A.** A negative correlation suggests that larger turkeys have the same cost as smaller turkeys. - **B.** A negative correlation suggests that larger turkeys tend to have a higher cost. - **C.** A negative correlation suggests that there is no association between the size of a turkey and its cost. - **D.** A negative correlation suggests that larger turkeys tend to have a lower cost. What happened when the new data point was added? - **A.** The results with the new point are the same as the results without the new data point. The 30-pound free turkey was not an outlier, and did not affect the results. - **B.** While the 30-pound free turkey was an outlier, the results with the new point are the same as the results without the new data point. - **C.** The 30-pound free turkey was an influential point, which significantly changed the results. - **D.** The results with the new point are similar to the results without the new data point. The 30-pound free turkey slightly affected the results.
**Text for Educational Website:**

**Problem 7: Analysis of Turkey Weights and Costs**

The accompanying table presents data on the weights and costs of turkeys at various supermarkets. Use the data to complete parts (a) through (f).

| **Weight (pounds)** | **Cost ($)** |
|---------------------|--------------|
| 12.3                | 17.08        |
| 18.8                | 23.84        |
| 20.4                | 26.82        |
| 16.5                | 19.85        |
| 15.8                | 23.29        |
| 10.7                | 9.14         |

**Task:**

a. Create a scatterplot with weight on the x-axis and cost on the y-axis. Include the regression line on the scatterplot.

**Graph/Diagram Explanation:**

- **Scatterplot:** Plot each pair of weight and cost as a point in a two-dimensional space, with weight values along the horizontal axis and cost values along the vertical axis. Each point represents one of the six turkeys.
- **Regression Line:** After plotting the points, draw a straight line that best fits the data. This line shows the general trend, capturing the relationship between weight and cost.
Transcribed Image Text:**Text for Educational Website:** **Problem 7: Analysis of Turkey Weights and Costs** The accompanying table presents data on the weights and costs of turkeys at various supermarkets. Use the data to complete parts (a) through (f). | **Weight (pounds)** | **Cost ($)** | |---------------------|--------------| | 12.3 | 17.08 | | 18.8 | 23.84 | | 20.4 | 26.82 | | 16.5 | 19.85 | | 15.8 | 23.29 | | 10.7 | 9.14 | **Task:** a. Create a scatterplot with weight on the x-axis and cost on the y-axis. Include the regression line on the scatterplot. **Graph/Diagram Explanation:** - **Scatterplot:** Plot each pair of weight and cost as a point in a two-dimensional space, with weight values along the horizontal axis and cost values along the vertical axis. Each point represents one of the six turkeys. - **Regression Line:** After plotting the points, draw a straight line that best fits the data. This line shows the general trend, capturing the relationship between weight and cost.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman