You run a regression analysis on a bivariate (two-variable) set of data. You obtain the regression equation y = 0.243x + 41.857 with a correlation coefficient of r = 0.798. You want to predict what value (on average) for the explanatory variable will give you a value of 40 on the response variable. What is the predicted explanatory value? X= (Report answer accurate to one decimal place.) Question Help: MMessage instructor Submit Question Home.d21 ASUS 运

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what is the predicted explanatory value
You run a regression analysis on a bivariate (two-variable) set of data. You obtain the regression equation

\[ y = 0.243x + 41.857 \]

with a correlation coefficient of \( r = 0.798 \). You want to predict what value (on average) for the explanatory variable will give you a value of 40 on the response variable.

What is the predicted explanatory value?

\[ x = \]

(Report answer accurate to one decimal place.)

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Transcribed Image Text:You run a regression analysis on a bivariate (two-variable) set of data. You obtain the regression equation \[ y = 0.243x + 41.857 \] with a correlation coefficient of \( r = 0.798 \). You want to predict what value (on average) for the explanatory variable will give you a value of 40 on the response variable. What is the predicted explanatory value? \[ x = \] (Report answer accurate to one decimal place.) Question Help: Message instructor [Submit Question button]
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