It is inferred that the tip amount has a relationship with value of a dinner bill. The collected data is presented in the table. Conduct a regression analysis. X - Bill ($) 33.46 50.68 87.92 98.84 63.60 107.34 Y - Tip ($) 5.70 5.00 8.08 17.00 12.00 16.00 • What is the value of bị? A. 0.1486 B. -0.3462 C. 0.1467 D. -0.1730 • Find the predicted tip for a dinner bill of $175. A. $21.83 B. $25.66 C. $21.94 D. $25.50 • What is the value of Syy? A. 4217.0440 B. 135.8003 C. 626.7124 D. 133.7950

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Author:Amos Gilat
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It is inferred that the tip amount has a relationship with value of a dinner bill. The
collected data is presented in the table. Conduct a regression analysis.
X - Bill ($)
Y - Tip ($)
33.46
50.68
87.92
98.84
63.60
107.34
5.70
5.00
8.08
17.00
12.00
16.00
• What is the value of b1?
A. 0.1486
B. -0.3462
C. 0.1467
D. -0.1730
• Find the predicted tip for a dinner bill of $175.
A. $21.83
B. $25.66
C. $21.94
D. $25.50
• What is the value of Syy?
A. 4217.0440
B. 135.8003
C. 626.7124
D. 133.7950
Transcribed Image Text:It is inferred that the tip amount has a relationship with value of a dinner bill. The collected data is presented in the table. Conduct a regression analysis. X - Bill ($) Y - Tip ($) 33.46 50.68 87.92 98.84 63.60 107.34 5.70 5.00 8.08 17.00 12.00 16.00 • What is the value of b1? A. 0.1486 B. -0.3462 C. 0.1467 D. -0.1730 • Find the predicted tip for a dinner bill of $175. A. $21.83 B. $25.66 C. $21.94 D. $25.50 • What is the value of Syy? A. 4217.0440 B. 135.8003 C. 626.7124 D. 133.7950
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