2b) • Using a Graphing calculator or spreadsheet program, create the least squares regression line of the median  student loan debt for graduates versus the average salary after 10 years. Be sure to define any variables.                  • Identify and interpret the correlation coefficient and coefficient of determination.  • By looking at the scatterplot and the least squares regression line, determine the college that you believe is the  best value. Explain your reasoning.   • Using the college (Harvard University) you chose, identify and interpret its residual based on the least squares regression model.

You do a survey where you ask people both their age and their income. You want to see if there is a relationship between these two variables, and you want to create an equation you can use to predict someone’s age from his/her income. What kind of hypothesis test or analysis should you do?a. One-Factor, Independent-Measures ANOVAb. Two-Factor ANOVAc. Correlation/Regressiond. Chi-Square Goodness of Fit

use the sample data to construct a scatterplot. Use the first variable for the x-axis. Based on the scatterplot, what do you conclude about a linear correlation? FORECAST AND ACTUAL TEMPERATURES The table lists actual high temperatures and the high temperatures that were previously forecasted for these same days. The table includes data for ten different days near the author’s home. What does the result suggest about the accuracy of five-day predicted high temperatures?

Explain what are the least-squares line and Regression?

Using the line of best fit, which equation most closely represents the set of data?   { (-5, 8.2), (-3, 14.5), (0, 23.1), (2, 29.7), (6, 40.2), (10, 53.8), (13, 64.4) }

year- 2000,2005,2010,2014,2019 tuition-$1242,$1809,$2680,$3356,$5132 what is the equation for the least squares regression line? what will tuitions be for the year 2025? when will tuitions be $6500?

We expect a car's highway gas mileage to be related to its city gas mileage (in miles per gallon, mpg). Data for all 1259 vehicles in the government's 2019 Fuel Economy Guide give the regression line highway mpg = 8.720 + (0.914x city mpg) for predicting highway mileage from city mileage. 1 O Macmillan Learning (b) What is the intercept? Give your answer to three decimal places. intercept: Why is the value of the intercept not statistically meaningful? The value of the intercept is an average value calculated from a sample. The value of the intercept represents the predicted highway mileage for city gas mileage of 0 mpg, and such a prediction would be invalid since 0 is outside the range of the data. The value of the intercept represents the predicted highway mileage for slope 0. O The value of the intercept represents the predicted city mileage for highway gas mileage of 0 mpg, and such a car does not exist. mpg

solve correctly. I will rate accordingly. please explain your choce.

Please help it’s not graded

Let x be the average number of employees in a group health insurance plan, and let y be the average administrative cost as a percentage of claims. x 3 7 15 32 75 y 40 35 30 26 18 (a) Make a scatter diagram of the data and visualize the line you think best fits the data.  Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website.   (b) Would you say the correlation is low, moderate, or strong? positive or negative? strong and negative moderate and negative   strong and positive low and negative low and positive moderate and positive (c) Use a calculator to verify that Σx = 132, Σx2 = 6932, Σy = 149, Σy2 = 4725, and Σxy = 2997. Compute r. (Round your answer to three decimal places.)r =  As x increases, does the value of r imply that y should tend to increase or decrease? Explain. Given our value of r, we cannot draw any conclusions for the behavior of y as x increases. Given our value of r, y should tend to…