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- why the correct answer is letter b?A cafe company wants to determine how the money they spend on Google ads impacts their monthly revenue. Over 6 consecutive months, they vary the amount they spend on their Ads (in $) and record the associated revenue (in $) for each month. The data is shown below: l Revenue 50 427 75 472 100 467 125 529 150 518 175 543 A) Develop a regression equation for predicting monthly revenue based on the amount spent with Ads. What is the y-intercept? B) What is the sample correlation between these two variables? C) What is the slope of your regression equation? Give your answer to two decimal places. D) Using a 0.05 level of significance, does this regression equation appear to have any value for predicting revenue based on Ads?Twenty members of an athletic club are studying the relationship between the time it takes an individual athlete to reach a given level of fatigue during exercise (time to fatigue, measured in minutes) and athletic performance. For each member, time to fatigue and a performance score were recorded. The computer output of the regression analysis is shown in the table. Term CoefCoef SE CoefSE Coef TT Constant 39.88 4.24 9.41 Time to fatigue 3.92 0.71 5.52 Which of the following is a 90 percent confidence interval for the slope of the regression line relating performance score and time to fatigue? Assume that the conditions for inference are met.
- The invasive diatom species Didymosphenia geminata has the potential to inflict substantial ecological and economic damage in rivers. An article described an investigation of colonization behavior. One aspect of particular interest was whether y = colony density was related to x = rock surface area. The article contained a scatterplot and summary of a regression analysis. Here is representative data. x 50 71 55 50 33 58 79 26 y 157 1934 53 27 7 10 40 12 x 69 44 37 70 20 45 49 y 274 43 176 18 48 190 30 (a) Fit the simple linear regression model to this data. (Round your numerical values to three decimal places.) y = Predict colony density when surface area = 70 and calculate the corresponding residual. (Round your answers to the nearest whole number.) colony density corresponding residual Predict colony density when surface area = 71 and calculate the corresponding residual. (Round your answers to the nearest whole number.) colony…Are the years of education of a child dependent on the years of education of their parent? The table shows the number of years of education of parent and the number of years of education of their child. Years of Education of Parent 13 9 7 12 12 10 11 Years of Education of their Child 13 11 7 16 17 9 17 If there is a significant linear correlation between the variables, determine the regression equation. Are the years of education of a child dependent on the years of education of their parent? The table shows the number of years of education of parent and the number of years of education of their child. Years of Education of Parent 13 9 7 12 12 10 11 Years of Education of their Child 13 11 7 16 17 9 17 If there is a significant linear correlation between the variables, determine the regression equation. y’ = 1.5x - 3 There is no significant correlation between the variables,…The following table contains ACT scores and the GPA for eight college students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand. Report the intercept and slope estimates: Student 1 2 3 4 5 6 7 8 GPA 2.8 3.4 3.0 3.5 3.6 3.0 2.7 3.7 ŷ₁ =B₁ + B₁x₁ ACT 21 24 26 27 29 25 25 30 y X ŷ₁
- The following data shows memory scores collected from adults of different ages. Age (X) Memory Score (Y) 25 10 32 10 39 9 48 9 56 7 Use the data to find the regression equation for predicting memory scores from age. The regression equation is: Ŷ = 4.33X + 0.11 Ŷ = -0.11X + 4.33 Ŷ = -0.11X + 13.26 Ŷ = -0.09X + 5.4 Ŷ = -0.09X + 12.6 Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 28 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 43 For the calculations, leave two places after the decimal point and do not round: Use the regression equation you found in question 6 to find the predicted memory scores for the following age: 50 For the calculations, leave two places after the decimal point and do not round:The table below shows the average weekly wages (in dollars) for state government employees and federal government employees for 10 years. Construct and interpret a 90% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $825. The equation of the regression line is y = 1.597x- 169.203. Wages (state), x Wages (federal), y 742 775 783 802 842 890 912 939 949 954 1,002 1,039 1,097 1,145 1,199 1,242 1,271 1,299 1,335 1,398 Construct and interpret a 90% prediction interval for the average weekly wages of federal government employees when the average weekly wages of state government employees is $825. Select the correct choice below and fill in the answer boxes to complete your choice. (Round to the nearest cent as needed.) O A. There is a 90% chance that the predicted average weekly wages of federal government employees is between S and S given a state average weekly wage of $825. O B. We can be 90%…Use the pizza cost and the subway fare in the table below to find the regression equation, letting pizza cost be the predictor (x) variable. (Pizza cost is in dollars per slice, subway fare and CPI are in dollars.) What is the best predicted subway fare when pizza costs $3.91 per slice? Year 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 Pizza Cost 0.153 0.347 0.998 1.247 1.751 1.996 2.246 2.298 2.751 2.997 Subway Fare 0.149 0.347 1.001 1.347 1.500 1.996 2.252 2.548 2.753 2.748 CPI 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 Question content area bottom Part 1 The regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.) Part 2 The best predicted subway fare when pizza costs $3.91per slice is $enter…