Fitting a straight line to a set of data yields the following prediction line. Complete (a) through (c) below. b. Interpret the meaning of the slope, b₁. Choose the correct answer below. OA. The slope, b₁ = 4, implies that for each increase of 1 unit in X, the value of Y is expected to decrease by 4 units. B. The slope, b₁ = 8, implies that for each increase of 1 unit in X, the value of Y is expected to increase by 8 units. OC. The slope, b₁ = 4, implies that for each increase of 1 unit in X, the value of Y is expected to increase by 4 units. D. The slope, b₁ = 4, implies that the average value of Y is 4. c. Predict the mean value of Y for X = 2. Y₁ = (Simplify your answer.)

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
Fitting a straight line to a set of data yields the following prediction line. Complete (a) through (c) below.

---

**b. Interpret the meaning of the slope, \( b_1 \). Choose the correct answer below.**

- \( \bigcirc \) A. The slope, \( b_1 = 4 \), implies that for each increase of 1 unit in X, the value of Y is expected to decrease by 4 units.

- \( \bigcirc \) B. The slope, \( b_1 = 8 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 8 units.

- \( \bigcirc \) C. The slope, \( b_1 = 4 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 4 units.

- \( \bigcirc \) D. The slope, \( b_1 = 4 \), implies that the average value of Y is 4.

---

**c. Predict the mean value of Y for X = 2.**

\[ \hat{Y}_i = \]

(Simplify your answer.)
Transcribed Image Text:Fitting a straight line to a set of data yields the following prediction line. Complete (a) through (c) below. --- **b. Interpret the meaning of the slope, \( b_1 \). Choose the correct answer below.** - \( \bigcirc \) A. The slope, \( b_1 = 4 \), implies that for each increase of 1 unit in X, the value of Y is expected to decrease by 4 units. - \( \bigcirc \) B. The slope, \( b_1 = 8 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 8 units. - \( \bigcirc \) C. The slope, \( b_1 = 4 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 4 units. - \( \bigcirc \) D. The slope, \( b_1 = 4 \), implies that the average value of Y is 4. --- **c. Predict the mean value of Y for X = 2.** \[ \hat{Y}_i = \] (Simplify your answer.)
Fitting a straight line to a set of data yields the following prediction line. Complete (a) through (c) below.

\[
\hat{Y}_i = 8 + 4X_i
\]

**a. Interpret the meaning of the Y-intercept, \( b_0 \). Choose the correct answer below.**

- A. The Y-intercept, \( b_0 = 8 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 8 units.
- B. The Y-intercept, \( b_0 = 4 \), implies that when the value of X is 0, the mean value of Y is 4.
- C. The Y-intercept, \( b_0 = 8 \), implies that the average value of Y is 8.
- D. The Y-intercept, \( b_0 = 8 \), implies that when the value of X is 0, the mean value of Y is 8.

**b. Interpret the meaning of the slope, \( b_1 \). Choose the correct answer below.**

*(Note: The options and explanations for the slope interpretation are not provided in the given image.)*
Transcribed Image Text:Fitting a straight line to a set of data yields the following prediction line. Complete (a) through (c) below. \[ \hat{Y}_i = 8 + 4X_i \] **a. Interpret the meaning of the Y-intercept, \( b_0 \). Choose the correct answer below.** - A. The Y-intercept, \( b_0 = 8 \), implies that for each increase of 1 unit in X, the value of Y is expected to increase by 8 units. - B. The Y-intercept, \( b_0 = 4 \), implies that when the value of X is 0, the mean value of Y is 4. - C. The Y-intercept, \( b_0 = 8 \), implies that the average value of Y is 8. - D. The Y-intercept, \( b_0 = 8 \), implies that when the value of X is 0, the mean value of Y is 8. **b. Interpret the meaning of the slope, \( b_1 \). Choose the correct answer below.** *(Note: The options and explanations for the slope interpretation are not provided in the given image.)*
Expert Solution
Step 1

a.

The given regression line is, Ŷi = 8 + 4Xi.

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
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