Using the below data, find the Regression Equation. Y 9. 1 1 4 2 7 9. 8 1 1 8. 4 3 Y-hat =
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Q: The data show the number of viewers for television stars with certain salaries. Find the regression…
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Q: The data show the number of viewers for television stars with certain salaries. Find the regression…
A: In this case salary (x) is the independent variable and viewers (y) is the dependent variable.
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- The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $7 million. Is the result close to the actual number of viewers, 5.2 million? Use a significance level of 0.05. Salary (millions of $) 108 14 5 8 5.1 4.3 7.8 2.5 Viewers (millions) Click the icon to view the critical values of the Pearson correlation coefficient r. What is the regression equation? y=+x (Round to three decimal places as needed.) X 1 1 5 8 5.7 8.2 10.9 4.4Use the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 22 minutes. How does the result compare to the actual tip amount of $5.05? Distance 1.40 0.68 0.49 1.32 18.00 6.00 2.00 8.00 12.30 6.30 4.80 7.80 2.46 1.89 0.00 0.00 Time Fare Tip 12.71 1.65 1.80 27.00 11.00 25.00 36.80 9.80 16.30 0.00 1.96 1.50 ... 2.47 D 18.00 14.30 4.29 The regression equation is y = y=+x. (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.) The best predicted tip for a ride that takes 22 minutes is $ (Round to the nearest cent as needed.) How does the result compare to the actual tip amount of $5.05?please quickly thanks !!!!
- Interpret the regression results.For the data in the table, find the regression equation. Round the slope and y-intercept to two decimals. y 1 4 11 8 13 9. 16 11 17 12 18 14 22 18 24 19 26 20 38 3DR Submit QuestionWe run the following regression using a sample of 148 women living in the western states. The variable wage is the hourly wage ( in USD) and educ is the number of years of education completed. wage = -3.07 + 1.52 educ Which statement best described the estimated slope coefficient? Group of answer choices A 1.52 extra years of education is predicted to increase wage by 1 USD An extra year of education is predicted to increase hourly wage by 1.52 USD A 1 percent increase in education is predicted to increase wage by 1.52 percent A 1.52 percent increase in education is predicted to increase wage by 1
- You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the ² value. The regression equation is reported as y = 49.18x + 40.52 and the r² = 0.5041. What is the correlation coefficient for this data set? r =Find the regression equation, letting the first variable be the predictor (x) variable. Find the best predicted Nobel Laureate rate for a country that has 79.4 Internet users per 100 people. How does it compare to the country's actual Nobel Laureate rate of 1.2 per 10 million people? Internet Users Per 100 Nobel Laureates 79.3 5.6 80.5 24.2 78.8 8.7 45.2 0.1 82.5 6.2 38 0.1 90.3 25.4 88.6 7.6 80.3 9.1 83.1 12.6 53.3 1.9 76.3 12.7 56.6 3.3 78.5 1.5 91.6 11.5 93.4 25.2 65.3 3.1 57.3 1.9 68.2 1.7 94.8 31.6 85.4 31.3 86.4 19.1 78.3 10.9 2) Check ImageFor the data in the table, find the regression equation and then use it to answer the questions below. Here, x gives the number of years of experience for nurses, and y is their annual salary (in $1000's). Round the slope and y-intercept to two decimals, then do not round your answer. Years of Salary Experience ($1000's) 2 41 4 45 8 51 9. 52 12 53 14 54 16 55 18 56 19 57 25 60 a. What is the predicted salary (in $1000's) for a nurse with 33 years of work experience? b. Is your answer to part (a) an extrapolation? O No: the value of x is within the range of the data, so the prediction is meaningful O Yes: the value of x is outside the range of data, so the prediction may not be meaningful Submit Question
- Find the regression equation, letting the first variable be the predictor (x) variable. Find the best predicted Nobel Laureate rate for a country that has 78.4 Internet users per 100 people. How does it compare to the country's actual Nobel Laureate rate of 1.7 per 10 million people? X Click the icon to view the data. Find the equation of the regression line. ŷ=+x (Round the constant to one decimal place as needed. Round the coefficient to thre Data table Internet Users Per 100 80.1 79.2 78.4 45 82.9 38.4 89.5 88.8 79.1 83.3 52.7 76.5 57.1 79.4 93.1 94.8 64.5 57.7 67.3 94.1 84.6 86.6 78.5 Nobel Laureates 5.5 24.4 8.7 0.1 6.1 0.1 25.4 7.6 9 12.8 1.9 12.6 3.3 1.5 11.3 25.5 3.1 1.9 1.7 32 31.3 18.8 10.8For the data in the table, find the regression equation. Here, x gives the number of years of experience for nurses, and y is their annual salary (in $1000's). Round the slope and y-intercept to two decimals, then use your equation to answer the questions below. Years of Salary Experience ($1000's) 40 4 42 43 45 10 46 13 52 15 53 17 56 21 58 22 60 a. What is the expected salary (in $1000's) for a nurse with no work experience? b. By what amount (in $1000's) does an extra year of experience boost the annual salary?search Refer to the data set: y X -3 -2 =1 -00 .......... 1 8 1 7 −IN 01 1 2 2 4 Part a: Make a scatter plot and determine which type of model best fits the data. Part b: Find the regression equation. Part c: Use the equation from Part b to determine y when x = 5 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Arial h V © O Click Save and Submit to save and submit. Click Save All Answers to save all answers. 10pt DELL