III. A study compared the number of solar panels on residence buildings compared to their average monthly electricity bills for 10 homes. The results of the survey are below: # of Panels Bill ($) |1 $150 $210 | S200 | $150 | $165 $95 | 3 6 8 $90 $95 $45 12 $20 a) Determine the correlation coefficient, r, for this data. Does r indicate a strong or weak correlation? b) Find the equation of the best-fit-line (the linear regression model), with X representing the number of Panels, andY representing the monthly bill. c) Using your equation, estimate the number of panels on a home for a home with an average monthly bill of $80.

III. A study compared the number of solar panels on residence buildings compared to their average monthly electricity bills for 10 homes. The results of the survey are below: # of Panels Bill ($) |1 $150 $210 | S200 | $150 | $165 $95 | 3 6 8 $90 $95 $45 12 $20 a) Determine the correlation coefficient, r, for this data. Does r indicate a strong or weak correlation? b) Find the equation of the best-fit-line (the linear regression model), with X representing the number of Panels, andY representing the monthly bill. c) Using your equation, estimate the number of panels on a home for a home with an average monthly bill of $80.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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