The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x). LinReg y=a+bx a=4.71 b=0.49 2=0.48909 T=0.69935 Write the equation of the least-squares regression line. A) y = 0.49 +0.48909x B) y = 4.71 +0.48909x C) y = 0.49 +4.71x D) y = 4.71 +0.49x

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
None
The following display from a graphing calculator presents the least-squares
regression line for predicting the price of a certain commodity (y) from the price of a
barrel of oil (x).
LinReg
y=a+bx
a=4.71
b=0.49
2=0.48909
T=0.69935
Write the equation of the least-squares regression line.
A) y = 0.49 +0.48909x
B) y = 4.71 +0.48909x
C) y = 0.49 +4.71x
D) y = 4.71 +0.49x
Transcribed Image Text:The following display from a graphing calculator presents the least-squares regression line for predicting the price of a certain commodity (y) from the price of a barrel of oil (x). LinReg y=a+bx a=4.71 b=0.49 2=0.48909 T=0.69935 Write the equation of the least-squares regression line. A) y = 0.49 +0.48909x B) y = 4.71 +0.48909x C) y = 0.49 +4.71x D) y = 4.71 +0.49x
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman