student studying statistics examined whether a relationship exists between the city miles per gallon (mpg) and highway miles per gallon (mpg) for cars and trucks. The miles per gallon of a vehicle describe the typical number of miles the vehicle can drive on one gallon of gas. Using a random sample of 50 cars and trucks, the student obtained the least squares regression equation: predicted highway mpg = 1.14 .(city mpg) + 5.8 a. Predict the highway mpg for a vehicle that gets an average of 24 miles per gallon when driving in the city. b. Describe the meaning of the number 1.14 in the regression equation above?
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
A student studying statistics examined whether a relationship exists between the city miles per gallon (mpg) and highway miles per gallon (mpg) for cars and trucks. The miles per gallon of a vehicle describe the typical number of miles the vehicle can drive on one gallon of gas. Using a random sample
of 50 cars and trucks, the student obtained the least squares regression equation:
predicted highway mpg = 1.14 .(city mpg) + 5.8
a. Predict the highway mpg for a vehicle that gets an average of 24 miles per gallon when driving in the city.
b. Describe the meaning of the number 1.14 in the regression equation above?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images