The following data is given x 0.2 0.5 1 2 3 y 3 2 1.4 1 0.6 Using the transformed linear regression, which are m and b in the function 1/(mx+b) ? Group of answer choices m=0.5842, b=0.4 m=0.4488, b=0.2415 m=1.5, b=2.5 m=1, b=2.4 m=0.8173, b=0.445

The following data is given x 0.2 0.5 1 2 3 y 3 2 1.4 1 0.6 Using the transformed linear regression, which are m and b in the function 1/(mx+b) ? Group of answer choices m=0.5842, b=0.4 m=0.4488, b=0.2415 m=1.5, b=2.5 m=1, b=2.4 m=0.8173, b=0.445

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

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The following data is given

x	0.2	0.5	1	2	3
y	3	2	1.4	1	0.6

Using the transformed linear regression, which are m and b in the function 1/(mx+b) ?

Group of answer choices

m=0.5842, b=0.4

m=0.4488, b=0.2415

m=1.5, b=2.5

m=1, b=2.4

m=0.8173, b=0.4450

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