EspañolOil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown below for a random selection of weeks in 2015.Oil ($)66.30 47.23 53.72 43.17 61.92 84.25Gasoline ($)2.838 2.606 2.719 2.556 2.645 2.964Send data to ExceloloThe correlation coefficient for the data is r=0.936 and a=0.01. Should regression analysis be done?O The regression analysis should not be done.O The regression analysis should be done.Find the equation of the regression line. Round the coefficients to at least three decimal places.y'=a+bxa =b =Find the cost of gasoline when oil is $60 a barrel. Round the answer to st least three decimal places.When oil is $60 a barrel, gas costs$per gallon.Submit AssignmentContinueO 2022 McGraw Hill LLC. All Rights Reserved. Terms of Use| Privacy Center | AccessibilityMacBook AirDILF11F1080888F9FBF7F6F5escF4F3F2F1&%23$山园

Answered: Image /qna-images/answer/e95d5c64-a176-43af-9aa6-f0d70918bd04.jpg

Answered: Español Oil and Gas Prices The average…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

PLEASE HELP ANSWER ALL SUBS A-i THANK YOU A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. PLAESE ANSWER ALL SUBS A-i its all one question Time 16 8 29 24 8 7 14 19 15 Money 41 29 85 80 42 45 70 71 59 A. Find the correlation coefficient: r= Round to 2 decimal places. The null and alternative hypotheses for correlation are:H0: ρ = 0H1: ρ ≠ 0 B.The p-value is:? (Round to four decimal places) C. Use a level of significance of α=0.05 to state the conclusion of the hypothesis test in the context of the study? There is statistically insignificant evidence to conclude that a customer who spends more time at the store will spend more money than a customer who spends less time at the store. There is statistically significant evidence to conclude that a customer who spends more time at the…
Sports Diameters (cm), circumferences (cm), and volumes (cm3) from balls used in different sports are listed in the table below. Is there sufficient evidence to conclude that there is a linear correlation between diameters and circumferences? Does the scatterplot confirm a linear association?
Question Use the data given below: x y 2.3 3.9 4 1.4 2.9 3.5 4.7 5 additional data point (10.3, 9.3) Explain why correlations should always be reported with scatter diagrams? Choose one of the following to answer a) the scatter diagram can be used to distinguish between association and causation. b) the scatter diagram is needed to determine if the correlation is positive or negative. c) the scatter diagram is needed to see if the correlation coefficient is being affected by the presence of outliers.
Help answer
Answer
NHL Assists and Total Points A random sample of scoring leaders from the National Hockey League (NHL) showed the following numbers of assists and total points. Based on these data, can it be concluded that there is a significant relationship between the two? Draw the scatter plot for the variables. NHL Assist and Points Compute the value of the correlation coefficient. Round your answer to at least three decimal places. r= Assists 59 68 44 58 67 69 Total points 109 101 95 109 91 89 State the Hypothesis. H0: H1: Test the significance of the correlation coefficient at =α0.05, using The Critical Values for the PPMC Table. Critical value(s): +or- = Reject or do not reject the null hypothesis.
Find R and P Value
Urgent need help and also check your answer
acc
please do the rest
Oil and Gas Prices The average gasoline price per gallon (in cities) and the cost of a barrel of oil are shown below for a random selection of weeks in 2015. Oil (S) 72.74 81.22 63.26 55.36 68.19 47.61 Gasoline ($) 2.754 3.083 2.806 2.311 2.464 2.309 Send data to Excel The correlation coefficient for the data is r = 0.857 and a = 0.05. Should regression analysis be done? %3D O The regression analysis should not be done. O The regression analysis should be done. Find the equation of the regression line. Round the coefficients to at least three decimal places. y' = a+bx a = Find the cost of gasoline when oil is $63 a barrel. Round the answer to at least three decimal places. When oil is $63 a barrel, gas costs$ per gallon.
PLEASE HELP ANSWER ALL SUBS D-i THANK YOU A grocery store manager did a study to look at the relationship between the amount of time (in minutes) customers spend in the store and the amount of money (in dollars) they spend. The results of the survey are shown below. PLAESE ANSWER ALL SUBS A-i its all one question Time 24 19 21 20 18 24 25 Money 102 78 79 80 72 84 105 A. Find the correlation coefficient: r= Round to 2 decimal places. The null and alternative hypotheses for correlation are:H0: ρ = 0H1: ρ ≠ 0 B.The p-value is:? (Round to four decimal places) C. Use a level of significance of α=0.05 to state the conclusion of the hypothesis test in the context of the study? There is statistically insignificant evidence to conclude that a customer who spends more time at the store will spend more money than a customer who spends less time at the store. There is statistically significant evidence to conclude that a customer who spends more time at the…

SEE MORE QUESTIONS

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

SEE MORE TEXTBOOKS