You run a regression analysis and obtain the regression equation y=-3.176x +124.355 with a correlation coefficient of r = 0.748. You want to predict what value (on average) for the response variable will be obtained from a value of x = 150 as the explanatory variable. What is the predicted response value? y= - (Report answer accurate to one decimal place.)

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**Regression Analysis Explanation**

You run a regression analysis and obtain the regression equation:

\[ y = -3.176x + 124.355 \]

with a correlation coefficient of \( r = -0.748 \). You want to predict what value (on average) for the response variable will be obtained from a value of \( x = 150 \) as the explanatory variable.

**What is the predicted response value?**

\[ y = \]

*(Report answer accurate to one decimal place.)*
Transcribed Image Text:**Regression Analysis Explanation** You run a regression analysis and obtain the regression equation: \[ y = -3.176x + 124.355 \] with a correlation coefficient of \( r = -0.748 \). You want to predict what value (on average) for the response variable will be obtained from a value of \( x = 150 \) as the explanatory variable. **What is the predicted response value?** \[ y = \] *(Report answer accurate to one decimal place.)*
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