QUESTION 3 Suppose you wish to see if there is a relationship between the price (units-$1000) and the rating (units=10 points) of laptop computers tested by Consumer Reports. A regression analysis on 15 computers revealed Ex = 21.00, Ex = 33.30, Eyj = 119.40, Ey²; = 956.14, and Exy = 171.57. What is the interpretation of B1? O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $771.5185. O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 11.3077 points. OC. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $113.0768. O d. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.1308 points. O e. None of the answers is correct

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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O b. ($10,098.9004, $35,228.6996)
O C. None of the answers is correct
O d. ($10.0989/salesperson, $35.2287/salesperson)
O e. ($100,989.0040/salesperson, $352,286.9960/salesperson)
QUESTION 3
Suppose you wish to see if there is a relationship between the price (units=$1000) and the rating (units=10 points) of laptop computers tested by Consumer Reports.
A regression analysis on 15 computers revealed Exj = 21.00, Ex = 33.30, Eyj = 119.40, Ey²; = 956.14, and Ex¡y = 171.57.
What is the interpretation of B1?
O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $771.5185.
O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 11.3077 points.
O C. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $113.0768.
O d. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.1308 points.
Oe.
·None of the answers is correct
QUESTION 4
The Global Business Travel Association (GBTA) reported the domestic airfare for business travel for the current year and the previous year. Below is a sample of 6
Save All A
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
MacBook Pro
Transcribed Image Text:* Question Completion Status: O b. ($10,098.9004, $35,228.6996) O C. None of the answers is correct O d. ($10.0989/salesperson, $35.2287/salesperson) O e. ($100,989.0040/salesperson, $352,286.9960/salesperson) QUESTION 3 Suppose you wish to see if there is a relationship between the price (units=$1000) and the rating (units=10 points) of laptop computers tested by Consumer Reports. A regression analysis on 15 computers revealed Exj = 21.00, Ex = 33.30, Eyj = 119.40, Ey²; = 956.14, and Ex¡y = 171.57. What is the interpretation of B1? O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $771.5185. O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 11.3077 points. O C. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $113.0768. O d. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.1308 points. Oe. ·None of the answers is correct QUESTION 4 The Global Business Travel Association (GBTA) reported the domestic airfare for business travel for the current year and the previous year. Below is a sample of 6 Save All A Click Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro
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