The following output was generated using statistical software. Coefficients Standard Error t Stat P-value Intercept 50.65625 1.891010513 26.79 0.13529 Speed -0.353125 0.036201476 -9.754 0.00019 1. List the prediction equation for gas mileage based on speed. 2. What gas mileage is expected for a vehicle traveling 80 mph? 3. Is speed a good predictor of gas mileage based on the output? Explain your answer
The following output was generated using statistical software. Coefficients Standard Error t Stat P-value Intercept 50.65625 1.891010513 26.79 0.13529 Speed -0.353125 0.036201476 -9.754 0.00019 1. List the prediction equation for gas mileage based on speed. 2. What gas mileage is expected for a vehicle traveling 80 mph? 3. Is speed a good predictor of gas mileage based on the output? Explain your answer
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
The following output was generated using statistical software.
|
Coefficients |
Standard Error |
t Stat |
P-value |
Intercept |
50.65625 |
1.891010513 |
26.79 |
0.13529 |
Speed |
-0.353125 |
0.036201476 |
-9.754 |
0.00019 |
1. List the prediction equation for gas mileage based on speed.
2. What gas mileage is expected for a vehicle traveling 80 mph?
3. Is speed a good predictor of gas mileage based on the output? Explain your answer.
Expert Solution
Step 1
Given that
The following output was generated using statistical software.
|
Coefficients |
Standard Error |
t Stat |
P-value |
Intercept |
50.65625 |
1.891010513 |
26.79 |
0.13529 |
Speed |
-0.353125 |
0.036201476 |
-9.754 |
0.00019 |
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