It has been concluded that the tip value has a relationship with the bill of the dinner. Given the table, conduct regression analysis. Answer D (4th question)

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It has been concluded that the tip value has a relationship with the bill of the dinner.

Given the table, conduct regression analysis.

Answer D (4th question)

X - Bill ($)
Y - Tip ($)
33.46
50.68
87.92
98.84
63.60
107.34
5.50
5.00
8.08
17.00
12.00
16.00
• What is the value of b;?
A. 0.1486
B. -0.3462
C. 0.1467
D. -0.1730
• Find the predicted tip for a dinner bill of $150.
A. $21.83
B. $25.66
C. $21.94
D. $25.50
• What is the value of S?
A. 4217.0440
B. 135.8003
C. 626.7124
D. 133.7950
• Conduct an analysis of variance. What is the value of F?
A. 8.44
B. 8.37
C. 8.73
D. 8,54
• What is the value of the coefficient of determination?
A. 68.58%
B. 82.36%
C. 82.82%
D. 67.83%
Transcribed Image Text:X - Bill ($) Y - Tip ($) 33.46 50.68 87.92 98.84 63.60 107.34 5.50 5.00 8.08 17.00 12.00 16.00 • What is the value of b;? A. 0.1486 B. -0.3462 C. 0.1467 D. -0.1730 • Find the predicted tip for a dinner bill of $150. A. $21.83 B. $25.66 C. $21.94 D. $25.50 • What is the value of S? A. 4217.0440 B. 135.8003 C. 626.7124 D. 133.7950 • Conduct an analysis of variance. What is the value of F? A. 8.44 B. 8.37 C. 8.73 D. 8,54 • What is the value of the coefficient of determination? A. 68.58% B. 82.36% C. 82.82% D. 67.83%
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