Interpret the y-intercept of the following regression equation: Linear Fit Demand= -529.13 + 76.6 AvgTempf Summary of Fit RSquare 0.32 where Demand is the count of bicycles rented in a day and AvgTempF is the average temperature of the day measured in degrees Fahrenheit. Edit View Insert Format Tools Table 12pt v BIUA ev Tov: Paragraph v O words </>

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
Interpret the y-intercept of the following regression equation:
Linear Fit
Demand = -529.13 + 76.6 AvgTempF
Summary of Fit
RSquare
0.32
where Demand is the count of bicycles rented in a day and AvgTempF is the average
temperature of the day measured in degrees Fahrenheit.
Edit
View Insert Format Tools Table
12pt v
Paragraph v
BI
O words
</> Ľ
MacBook Air
80
DII
F3
F4
F5
F6
F7
F8
%
&
Transcribed Image Text:Interpret the y-intercept of the following regression equation: Linear Fit Demand = -529.13 + 76.6 AvgTempF Summary of Fit RSquare 0.32 where Demand is the count of bicycles rented in a day and AvgTempF is the average temperature of the day measured in degrees Fahrenheit. Edit View Insert Format Tools Table 12pt v Paragraph v BI O words </> Ľ MacBook Air 80 DII F3 F4 F5 F6 F7 F8 % &
Expert Solution
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