The following scatter plot displays data for Mileage (x) and Price ((y). Answer the questions below based on the information provided on the graph. y = -0.1264x + 15624 r= -0.8884 Price vs. Mileage $18,000 $16,000 y=0.1264x+ 15624 R 0.7892 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 10000 20000 30000 40000 s0000 60000 70000 80000 90000 100000 a. Using the regression equation, tell what price you would expect for a car with mileage 55,555 b. Using the regression equation, tell what mileage you would expect for a car worth $13,100. c. Interpret the meaning of r’ in the context of this problem. d. Explain what r tells you about the relationship between price and mileage.

The following scatter plot displays data for Mileage (x) and Price ((y). Answer the questions below based on the information provided on the graph. y = -0.1264x + 15624 r= -0.8884 Price vs. Mileage $18,000 $16,000 y=0.1264x+ 15624 R 0.7892 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 10000 20000 30000 40000 s0000 60000 70000 80000 90000 100000 a. Using the regression equation, tell what price you would expect for a car with mileage 55,555 b. Using the regression equation, tell what mileage you would expect for a car worth $13,100. c. Interpret the meaning of r’ in the context of this problem. d. Explain what r tells you about the relationship between price and mileage.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

The data in the accompanying table represent the length of life, in years, measured to the nearest tenth, of 30 similar fuel pumps. Complete parts (a) through (c) below. Click the icon to view the fuel pump data. (a) Construct a stem-and-leaf plot for the life in years of the fuel pumps, using the digit to the left of the decimal point as the stem for each observation. Stem Leaf Frequency Get more help. Fuel Pump Life Spans 2.4 3.3 0.4 3.1 1.3 0.2 0.5 5.6 5.9 6.2 0.5 2.4 1.4 4.3 6.3 1.7 4.9 0.2 4.6 0.4 1.5 0.5 2.3 4.8 1.0 5.6 5.9 6.0 1.2 0.2 Print Done -X eck answ
Enter the data below into lists and graph the scatter plotof the data, using the window [-20, 120] by [0, 80].
The relationship of the x and yvariables is displayed in the scatter plot below: 3.5 3 > 2.5 1.5 1 100 200 300 400 500 From the above graph, (a) explain the type of relationship between x and yvariables. (b) give a real-life example to illustrate the relationship of x and y. (c) interpret the value of the slope, 4.23. 2.
Given the following graph, calculate the slope and uncertainty in the slope. Pressure vs Volume P (Pa) 1 0.90cm (21.45cm, 18.40cm) 0.90cm х100 3 2.10cm (9.50cm, 6.40cm) 2.10cm 2. 6. 7. V (m) X10-1
• Given the following data in the table:- 1- Draw the curve where Y is vertical axis and X is horizontal axis. 2- Find the slope between point B and C. Points Y А 1 42 B 2 30 3 18 D 4 12
The owner of Reliable Furniture was studying the relationship between sales (y) and the amount spend on advertising (x). A random sample of 65 homes gives the following information. The intercept = 17.28 and the slope = 0.8 The estimated sales for 10 amount of advertisment is
The following data refers to the amount of caffeine (in mg) consumed by ten university students and their time to complete a practice quiz (in minutes) for a Econominc Exam. Time Caffeine 75 180 83 150 65 195 60 240 82 120 58 280 52 270 66 190 55 300 60 250 Calculate the slope and y-intercept for the data above, provide the equation for the line of best fit and interprt the slope and y intercept for the data Let y = time and x = caffeine amount.
Bigger snakes weigh more. Here is data comparing the length in centimeters to weight in grams of a certain species of snake. Use your Ti-84 to create a scatter plot, then match your graph to the correct scatter plot. Length 80 32 61 19 25 45 46 76 Weight 211 65 75 20 80 125 65 150