Find the equation of the regression line for the following data set. (Round the values to two decimal places.)y =1y3.Need Help?Read It

Answered: Image /qna-images/answer/710a2fb7-2f1d-4803-9e02-56f6ba569c19.jpg

Answered: Find the equation of the regression…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section4.6: Regression And Median-fit Lines

Problem 5PPS

See similar textbooks

Similar questions

What is interpolation when using a linear model?
Demand for Candy Bars In this problem you will determine a linear demand equation that describes the demand for candy bars in your class. Survey your classmates to determine what price they would be willing to pay for a candy bar. Your survey form might look like the sample to the left. a Make a table of the number of respondents who answered yes at each price level. b Make a scatter plot of your data. c Find and graph the regression line y=mp+b, which gives the number of respondents y who would buy a candy bar if the price were p cents. This is the demand equation. Why is the slope m negative? d What is the p-intercept of the demand equation? What does this intercept tell you about pricing candy bars? Would you buy a candy bar from the vending machine in the hallway if the price is as indicated. Price Yes or No 50 75 1.00 1.25 1.50 1.75 2.00
Life Expectancy The following table shows the average life expectancy, in years, of a child born in the given year42 Life expectancy 2005 77.6 2007 78.1 2009 78.5 2011 78.7 2013 78.8 a. Find the equation of the regression line, and explain the meaning of its slope. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 2019? e. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 1580?2300
XYZ Corporation Stock Prices The following table shows the average stock price, in dollars, of XYZ Corporation in the given month. Month Stock price January 2011 43.71 February 2011 44.22 March 2011 44.44 April 2011 45.17 May 2011 45.97 a. Find the equation of the regression line. Round the regression coefficients to three decimal places. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict the stock price to be in January 2012? January 2013?
Refer to the data set: (1, 2.5), (2.5, 15), (0.5, 2), (-2, 0.5), (0, 1), (1.5, 5)Part a: Make a scatterplot and determine which type of model best fits the data.Part b: Find the regression equation, round decimals to one place.Part c: Use the equation from Part b to determine y when x = 6.
Refer to the data set:(-1, 2), (1, 3), (1, 5), (2, 7), (3, 8), (4, 11)Part a: Make a scatter plot and determine which type of model best fits the data.Part b: Find the regression equation.Part c: Use the equation from Part b to determine y when x = 10
Caselet #1 ADVERTISEMENT A marketing executive wishes to determine whether there is a relationship between the number of television commercials aired per week and the number of sales (in thousand pesos) of a product. The data for the sample follow. Number of Ads, x 2 8. 8. 10 12 Sales, y 2 4 7 6. 10
Refer to the data set:Part a: Make a scatter plot and determine which type of model best fits the data.Part b: Find the regression equation.Part c: Use the equation from Part b to determine y when x = 5.
Refer to the data set: x -1 1 -2 3 0 2 y 9 2 15 1 4 1.5 Part a: Make a scatterplot and determine which type of model best fits the data.Part b: Find the regression equation, round decimals to one place.Part c: Use the equation from Part b to determine y when x = 5.
Find the intercept (b0) for the regression equation for the following values. Round to 3 decimal places. Intercept xi yi 33 180 25 170 50 200 65 172 57 160 27 165
Refer to the data set: Part a: Make a scatterplot and determine which type of model best fits the data.Part b: Find the regression equation, round to two decimal places if necessary.Part c: Use the equation from Part b to determine y when x = -3.6.

Recommended textbooks for you

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

Algebra: Structure And Method, Book 1

Algebra

ISBN:

9780395977224

Author:

Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:

McDougal Littell

Holt Mcdougal Larson Pre-algebra: Student Edition…

Algebra

ISBN:

9780547587776

Author:

HOLT MCDOUGAL

Publisher:

HOLT MCDOUGAL

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

Algebra: Structure And Method, Book 1

Algebra

ISBN:

9780395977224

Author:

Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:

McDougal Littell

Holt Mcdougal Larson Pre-algebra: Student Edition…

Algebra

ISBN:

9780547587776

Author:

HOLT MCDOUGAL

Publisher:

HOLT MCDOUGAL

College Algebra

Algebra

ISBN:

9781337282291

Author:

Ron Larson

Publisher:

Cengage Learning

College Algebra

Algebra

ISBN:

9781938168383

Author:

Jay Abramson

Publisher:

OpenStax

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

SEE MORE TEXTBOOKS

Find the equation of the regression line for the following data set. (Round the values to two decimal places.) y = 1 y