---### Regression Analysis: Predicting Subway Fare Based on Pizza Cost#### Objective:Determine the regression equation using the pizza cost and the subway fare from the table below. Here, the pizza cost is the predictor (x) variable. Both pizza cost (measured in dollars per slice) and subway fare (measured in dollars) are given. We aim to predict the subway fare when the pizza cost is $4.01 per slice.#### Data Table:| Year | Pizza Cost | Subway Fare | CPI ||------|------------|-------------|-------|| 1960 | 0.152 | 0.148 | 29.6 || 1973 | 0.354 | 0.352 | 44.4 || 1986 | 0.996 | 0.999 | 109.6 || 1995 | 1.246 | 1.350 | 152.4 || 2002 | 1.754 | 1.502 | 180.0 || 2009 | 1.999 | 1.998 | 184.0 || 2013 | 2.247 | 2.247 | 214.5 || 2015 | 2.299 | 2.547 | 233.0 || 2019 | 3.003 | 2.748 | 252.2 |#### Instructions:1. **Find the regression equation**: Use the given data to calculate the regression equation, where `y` represents the subway fare, and `x` represents the pizza cost.2. **Equation format**: The regression equation will be in the form: \[ \hat{y} = \beta_0 + (\beta_1)(x) \] - Round the y-intercept ($\beta_0$) to four decimal places. - Round the slope ($\beta_1$) to three decimal places.3. **Prediction**: Use the regression equation to predict the subway fare when the pizza cost is $4.01 per slice.#### Solution Setup:- **Regression Equation Calculation Placeholder**: \[ \hat{y} = \square + (\square) x \]#### Example: If after calculations the regression

The provided information is Pizza cost (x) Subway Fare (y) xy x2 0.152 0.148 0.022496 0.023104…

Answered: Use the pizza cost and the subway fare…

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

Develop an estimated regression equation with annual income and household size as the independent variables. Can you explain what to put into excel to generate regression, using the data analysis tool Below is the data Income($1000s) HouseholdSize AmountCharged ($) 54 3 4,016 30 2 3,159 32 4 5,100 50 5 4,742 31 2 1,864 55 2 4,070 37 1 2,731 40 2 3,348 66 4 4,764 51 3 4,110 25 3 4,208 48 4 4,219 27 1 2,477 33 2 2,514 65 3 4,214 63 4 4,965 42 6 4,412 21 2 2,448 44 1 2,995 37 5 4,171 62 6 5,678 21 3 3,623 55 7 5,301 42 2 3,020 41 7 4,828 54 6 5,573 30 1 2,583 48 2 3,866 34 5 3,586 67 4 5,037 50 2 3,605 67 5 5,345 55 6 5,370 52 2 3,890 62 3 4,705 64 2 4,157 22 3 3,579 29 4 3,890 39 2 2,972 35 1 3,121 39 4 4,183 54 3 3,730 23 6 4,127 27 2 2,921 26 7 4,603 61 2 4,273 30 2 3,067 22 4 3,074 46 5 4,820 66 4 5,149
The data show the chest size and weight of several bears. Find the regression equation, letting chest size be the independent (x) variable. Then find the best predicted weight of a bear with a chest size of 58 inches. Is the result close to the actual weight of 572 pounds? Use a significance level of 0.05. Chest size (inches) 46 57 53 41 40 40 Weight (pounds) 384 580 542 358 306 320 LOADING... Click the icon to view the critical values of the Pearson correlation coefficient r. What is the regression equation? y=nothing+nothingx (Round to one decimal place as needed.)
The table shows a part of an output of a linear regression model predicting the average fare on different flight routes. Data Table Regression Table Coefficient Constant 95.80976147 COUPON −9.61654124 DISTANCE 0.080733811 PAX −0.000167343 What is the difference in prediction of the following two routes? Route A that is 3,000 miles, with COUPON=1.5 and PAX=6,000 Route B that is 3,000 miles, with COUPON=1.2 and PAX=6,000.
Listed below are foot lengths (mm) and heights (mm) of males. Find the regression equation, letting foot length be the predictor (x) variable. Find the best predicted height of a male with a foot length of 272.8 mm. How does the result compare to the actual height of 1776 mm? Foot Length 281.8 277.9 253.3 259.2 279.0 258.0 274.0 262.4 Height 1784.7 1771.2 1676.0 1645.9 1858.9 1710.1 1788.9 1737.0 The regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to the nearest integer as needed. Round the slope to two decimal places as needed.) The best predicted height of a male with a foot length of 272.8 mm is enter your response heremm. (Round to the nearest integer as needed.)
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 $4.01 per slice? Year Pizza Cost Subway Fare CPI 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 0.148 0.353 0.997 1.247 1.749 2.003 2.250 2.304 2.748 3.003 0.146 0.346 1.001 1.354 1.499 2.002 2.247 2.548 2.750 2.747 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 The regression equation is ŷ = + (x. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.)
The data show the chest size and weight of several bears. Find the regression equation, letting chest size be the independent (x) variable. Then find the best predicted weight of a bear with a chest size of 40 inches. Is the result close to the actual weight of 352 pounds? Use a significance level of 0.05. Chest size (inches) *Weight (pounds) 44 54 328 528 41 55 39 51 418 580 296 503 Click the icon to view the critical values of the Pearson correlation coefficient r. - What is the regression equation? x (Round to one decimal place as needed.)
Find the regression equation, letting overhead width be the predictor (x) variable. Find the best predicted weight of a seal if the overhead width measured from a photograph is 2.3 cm. Can the prediction be correct? What is wrong with predicting the weight in this case? Use a significance level of 0.05. Overhead Width (cm) Weight (kg) 7.8 175 7.3 9.5 274 7.4 156 9.9 294 9.2 183 256 Click the icon to view the critical values of the Pearson correlation coefficient r. ..... The regression equation is y =+x. (Round to one decimal place as needed.)
A simple regression model for 10 pair of data resulted in a standard error of 3.95 (i.e., Se = 3.95), and the. The sum of squares of error (SSE) is ______. a. 187.23 b. 171.63 c. 156.03 d. 140.42 e. 124.82
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 $3.98 per slice? Year Pizza Cost Subway Fare CPI 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 0.152 0.353 1.000 1.251 1.753 2.003 2.254 2.300 2.747 2.997 0.151 0.346 1.000 1.347 1.497 2.004 2.253 2.551 2.747 2.750 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 The regression equation is y=+x. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.) The best predicted subway fare when pizza costs $3.98 per slice is $ (Round to the nearest cent as needed.)
Listed below are foot lengths (mm) and heights (mm) of males. Find the regression equation, letting foot length be the predictor (x) variable. Find the best predicted height of a male with a foot length of 273.3 mm. How does the result compare to the actual height of 1776 mm? Foot Length 281.9 278.3 253.2 258.7 278.7 257.8 274.2 262.2 Height 1784.8 1771.0 1675.6 1645.9 1858.7 1710.1 1789.2 1737.4 the regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to the nearest integer as needed. Round the slope to two decimal places as needed.) The best predicted height of a male with a foot length of 273.3 mm is enter your response here mm. (Round to the nearest integer as needed.)
Predict the average lifespan of an animal in years when the incubation/gestation time is 12 months. Animal: Nile crocodile, Aldabra giant tortoise, Lake sturgeon,Galápagos tortoise, Bowhead whale Average Lifespan (in Years):100 152 152 177 211 Incubation/ Gestation (in Months)3 8 0.25 4.7 regression equation and regression line if needed
Listed below are foot lengths (mm) and heights (mm) of males. Find the regression equation, letting foot length be the predictor (x) variable. Find the best predicted height of a male with a foot length of 272.7 mm. How does the result compare to the actual height of 1776 mm? Foot Length 282.3 277.8 252.8 258.7 279.0 258.4 274.1 261.7 Height 1785.0 1771.0 1675.7 1645.7 1859.3 1710.2 1789.2 1737.0 The regression equation is ŷ = + (x. (Round the y-intercept to the nearest integer as needed. Round the slope to two decimal places as needed.) The best predicted height of a male with a foot length of 272.7 mm is (Round to the nearest integer as needed.) How does the result compare to the actual height of 1776 mm? O A. The result is close to the actual height of 1776 mm. O B. The result is exactly the same as the actual height of 1776 mm. O C. The result is very different from the actual height of 1776 mm. O D. The result does not make sense given the context of the data. C mm.

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

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

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

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

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS