MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
Bartleby Related Questions Icon

Related questions

Question
I hope you can help me by choosing the right answer on the given choices
A study on the sales (Y=number of units sold) and the price (X, in pesos), the corresponding regression equation is Y=-1418X+2259.
Which of the following is true?
Select the correct response:
as the sales increase by 1 unit, the price will decrease, on the average, by 1418 pesos.
as the price increases by 1 peso, sales will increase, on the average, by 2259 units.
as the price increases by 1 peso, the sales will decrease, on the average, by 1418 units.
as the sales increase by 1 unit, the price will increase, on the average, by 2259 pesos.
expand button
Transcribed Image Text:A study on the sales (Y=number of units sold) and the price (X, in pesos), the corresponding regression equation is Y=-1418X+2259. Which of the following is true? Select the correct response: as the sales increase by 1 unit, the price will decrease, on the average, by 1418 pesos. as the price increases by 1 peso, sales will increase, on the average, by 2259 units. as the price increases by 1 peso, the sales will decrease, on the average, by 1418 units. as the sales increase by 1 unit, the price will increase, on the average, by 2259 pesos.
Expert Solution
Check Mark
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman