Year, x Average Monthly Cost to Workers for The table lists the average monthly cost to workers for family health insurance for various years. Family Health Insurance a) Use a graphing calculator to fit a regression line to the data. b) Predict the average monthly cost to workers for family health insurance in 2020, and compare the value with $493.3, which is obtained using the points (1,340) and (4,386). c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely. $298 2009, 0 2010, 1 2011, 2 340 348 2012, 3 367 2013, 4 386 2014, 5 406 a) The linear equation of the regression line that best models the data is y = x+. (Round to the nearest hundredth as needed.) b) The average monthly cost to workers for family health insurance in 2020 is predicted to be $ (Round to the nearest cent as needed.) Compare the above obtained value with $493.3 This value is $ V $493.3. c) The correlation coefficient is (Round to the nearest thousandth as needed.) Does the regression line fit the data closely? Next
Year, x Average Monthly Cost to Workers for The table lists the average monthly cost to workers for family health insurance for various years. Family Health Insurance a) Use a graphing calculator to fit a regression line to the data. b) Predict the average monthly cost to workers for family health insurance in 2020, and compare the value with $493.3, which is obtained using the points (1,340) and (4,386). c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely. $298 2009, 0 2010, 1 2011, 2 340 348 2012, 3 367 2013, 4 386 2014, 5 406 a) The linear equation of the regression line that best models the data is y = x+. (Round to the nearest hundredth as needed.) b) The average monthly cost to workers for family health insurance in 2020 is predicted to be $ (Round to the nearest cent as needed.) Compare the above obtained value with $493.3 This value is $ V $493.3. c) The correlation coefficient is (Round to the nearest thousandth as needed.) Does the regression line fit the data closely? Next
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 table lists the average monthly cost to workers for family health insurance for various years.
Year, x
Average Monthly Cost to Workers for
Family Health Insurance
$298
a) Use a graphing calculator to fit a regression line to the data.
b) Predict the average monthly cost to workers for family health insurance in 2020, and compare the value with $493.3, which is
obtained using the points (1,340) and (4,386).
c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely.
2009, 0
2010, 1
2011, 2
340
348
2012, 3
367
2013, 4
2014, 5
386
406
a) The linear equation of the regression line that best models the data is y =x+.
(Round to the nearest hundredth as needed.)
b) The average monthly cost to workers for family health insurance in 2020 is predicted to be $
(Round to the nearest cent as needed.)
Compare the above obtained value with $493.3
This value is $
$493.3
c) The correlation coefficient is
(Round to the nearest thousandth as needed.)
Does the regression line fit the data closely?
Next
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2
3
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Transcribed Image Text:The table lists the average monthly cost to workers for family health insurance for various years.
Year, x
Average Monthly Cost to Workers for
Family Health Insurance
$298
a) Use a graphing calculator to fit a regression line to the data.
b) Predict the average monthly cost to workers for family health insurance in 2020, and compare the value with $493.3, which is
obtained using the points (1,340) and (4,386).
c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely.
2009, 0
2010, 1
2011, 2
340
348
2012, 3
367
2013, 4
2014, 5
386
406
a) The linear equation of the regression line that best models the data is y =x+.
(Round to the nearest hundredth as needed.)
b) The average monthly cost to workers for family health insurance in 2020 is predicted to be $
(Round to the nearest cent as needed.)
Compare the above obtained value with $493.3
This value is $
$493.3
c) The correlation coefficient is
(Round to the nearest thousandth as needed.)
Does the regression line fit the data closely?
Next
F10
吕0
F7
esc
F1
@
23
%$
%
&
2
3
5
6
7
8
Q
W
E
U
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