Following data refers to the years of service (variable X) put in by seven specialized workers in a factory and their monthly incomes (variable Y) in hundreds of rupees. X variable values with corresponding Y variable values can be listed as, 11 years of service with income 700, 7 years of service with income 500, 9 years of service with income 300, 5 years of service with income 200, 8 years of service with income 600, 6 years of service with income 400, 10 years of service with income 800. Bases on the regression equation y on x, for 12 years of service in the similar field, what would be the recommended salary in hundreds of rupees? Select one: а. 500 b. 700 С. 800 d. 600

Following data refers to the years of service (variable X) put in by seven specialized workers in a factory and their monthly incomes (variable Y) in hundreds of rupees. X variable values with corresponding Y variable values can be listed as, 11 years of service with income 700, 7 years of service with income 500, 9 years of service with income 300, 5 years of service with income 200, 8 years of service with income 600, 6 years of service with income 400, 10 years of service with income 800. Bases on the regression equation y on x, for 12 years of service in the similar field, what would be the recommended salary in hundreds of rupees? Select one: а. 500 b. 700 С. 800 d. 600

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

See similar textbooks

Related questions

Q: The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current…

A: We have to find givan deta..

Q: Over the past 100 days, the price of a certain stock went up on 60 days and went down on 40 days.…

A: Any statistical report should provide with the necessary values along with the conclusion, so that…

Q: How is statistics used in information systems?

A: statistics is used for data mining ,speech recognition ,vision and image analysis ,data compression…

Q: The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current…

Q: for every 12 girls at svms there are 8 boys if there 2,400 total students predict the actual number…

A: Given that for every 12 girls at svms there are 8 boys. So, girls: boys= 12:8 Given total number of…

Q: Over the past 40 years, the percentage of homes in the United States with smoke detectors has risen…

A: a. People dwelling in homes with smoke detectors would be made aware in case of a fire much quicker…

Q: The average age of a preschool class is 4.5 years old. If there is one 3-year-old, five 5-year-olds,…

Q: The manager of Jerry's Barbershop recently asked 15 customers to punch in a time card when 1st…

A: See the handwritten solution

Q: Delmarva Power is a utility company that would like to predict the monthly heating bill for a…

A: Introduction: It is required to interpret the regression coefficients.

Q: The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current…

A: we have given that n=42; ¯x=40.63 pounds; s=3.49 pounds and alpha=0.05

Question

Following data refers to the years
of service (variable X) put in by
seven specialized workers in a
factory and their monthly incomes
(variable Y) in hundreds of rupees.
X variable values with
corresponding Y variable values
can be listed as, 11 years of service
with income 700, 7 years of service
with income 500, 9 years of service
with income 300, 5 years of service
with income 200, 8 years of service
with income 600, 6 years of service
with income 400, 10 years of
service with income 800. Bases on
the regression equation y on x, for
12 years of service in the similar
field, what would be the
recommended salary in hundreds
of rupees?
Select one:
а. 500
b. 700
С. 800
d. 600

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!

SEE SOLUTION Check out a sample Q&A here

Step 1

Step 2

Step 3

Step 4

Step 5

Trending now

This is a popular solution!

Step by step

Solved in 5 steps with 5 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

Find the mean hourly cost when the cell phone described above is used for 240 minutes.
1. Comment on the relation between Height and Gestational Age using the scatterplot.
At the current rate of consumption, the current U.S. coal reserves will last approximately 258 years. What kind of statistics has been used here? Descriptive O Inferential
find the mean if the squares of the first 10 counting numbers (1,4,9,16...)
The following table shows the square footage of houses in an area that sold recently along with the selling price. Sq. Ft. Price 2096, 295000, 3160, 338000, 2320, 265000, 3150, 365000, 2760, 330000, 3650, 412000, 2125, 320000, 3085, 342000, 4750, 485000, 2100, 320000, 3100, 316000, 2240, 321000, 3300, 347000, 2800, 350000, 2825, 330000, 3275, 420000 1. Find the equation of the regression line (line of best fit). 2. Determine if there is a strong linear correlation. 3. If there is a strong linear correlation predict the selling price of a 3333 sq. ft. home
The following is the production data for fried indomie (million pcs) in 2011 - 2020 consecutively as follows: 3, 8, 14, 13, 15, 16, 12, 17, 18, 17. Determine the value of the production trend using Moving Average Method!
What was the median commute time?
Suppose the rate of misprints in the printed text from a given publisher is three misprints per one hundred pages of text. Find the mean and variance of number of misprints you would expect to see in ten pages of text in a book printed by this publisher.
Data on the average size of a soda (in ounces) at all thirty major league baseball parks are as follows: 14, 18, 20, 16, 16, 12, 14, 16, 14, 16, 16, 16, 14, 32, 16, 20, 12, 16, 20, 12, 16, 16, 24, 16, 16, 14, 14, 12, 14, 20. Compute descriptive statistics for this variable. Comment on the results. Presuming the first fifteen are drink sizes in the American League and the last fifteen are drink sizes in the National League, test the hypotheses: Soft drink sizes are larger at American League Ball Parks than at National League Ball Parks. Do the data represent a sample or a census?
The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current world record stands at 143 pounds, which was caught in the John H. Kerr Reservoir (Bugg's Island Lake) located in Virginia. According to American Expedition, the average weight of a blue catfish is between 20 to 40 pounds. Given that the largest blue catfish ever caught was at the John H. Kerr Reservoir, you believe that the mean weight of the fish in this reservoir is greater than 40 pounds. Use the data below, which represents the summary statistics for 48 blue catfish caught at this reservoir, and a 0.05 significance level to test the claim that the mean weight of the fish in the John H. Kerr Reservoir is greater than 40 pounds. n=48n=48; ¯x=40.83x¯=40.83 pounds; s=4.62s=4.62 pounds a) Identify the null and alternative hypotheses?H0H0: H1H1: b) What type of hypothesis test should you conduct (left-, right-, or two-tailed)? left-tailed right-tailed…
The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current world record stands at 143 pounds, which was caught in the John H. Kerr Reservoir (Bugg's Island Lake) located in Virginia. According to American Expedition, the average weight of a blue catfish is between 20 to 40 pounds. Given that the largest blue catfish ever caught was at the John H. Kerr Reservoir, you believe that the mean weight of the fish in this reservoir is greater than 40 pounds. Use the data below, which represents the summary statistics for 42 blue catfish caught at this reservoir, and a 0.05 significance level to test the claim that the mean weight of the fish in the John H. Kerr Reservoir is greater than 40 pounds. n=42; ¯x=40.46 pounds; s=2.55 pounds Identify the null and alternative hypotheses?H0H0: H1H1: Identify the appropriate significance level. Calculate your test statistic. Write the result below, and be sure to round your final answer to two decimal…
The blue catfish (Ictalurus Furcatus) is the largest species of North American catfish. The current world record stands at 143 pounds, which was caught in the John H. Kerr Reservoir (Bugg's Island Lake) located in Virginia. According to American Expedition, the average weight of a blue catfish is between 20 to 40 pounds. Given that the largest blue catfish ever caught was at the John H. Kerr Reservoir, you believe that the mean weight of the fish in this reservoir is greater than 40 pounds. A sample of 42 blue catfish caught at this reservoir provided a mean of 40.57 with a standard deviation of 3.35. Using a 0.05 significance level, test the claim that the mean weight of the fish in the John H. Kerr Reservoir is greater than 40 pounds.a) Identify the null and alternative hypotheses? H0H0: ? p = p ≠ p < p > p ≤ p ≥ μ = μ ≠ μ < μ > μ ≤ μ ≥ H1H1: ? p = p ≠ p < p > p ≤ p ≥ μ = μ ≠ μ < μ > μ ≤ μ ≥ b) What type of hypothesis test should you conduct (left-, right-,…