The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places): where y Dependent Variable and x = Independent Variable.
The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places): where y Dependent Variable and x = Independent Variable.
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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Transcribed Image Text:Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10
years. It also indicates what the robbery rate was in New Orleans during the same year:
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where y Dependent Variable and x = Independent Variable.
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The simple linear regression equation that shows the best relationship between the number of patients and year is (round your responses to three decimal places):
y = + x
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Year
Number of Patients
Robbery Rate per
1,000 Population
%
5
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6
2
1
36 34
58.0 60.6 73.4 76.1 78.5 89.0
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8
6
54
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7
8
9
58
54
57
101.1 94.2 103.2
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Expert Solution

Step 1 Introduction:
Here, I will determine the simple linear regression equation which will show the best relationships between the number of patients and year, here, the year is the independent variable, and the number of patients is the dependent variable, the detailed calculations are shown below,
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