a. Estimate the sample regression equation that enables us to predict property taxes on the basis of the size of the home. (Round your answers to 2 decimal places.)   TaxesˆTaxes^ =  +  Size. b. Interpret the slope coefficient.   multiple choice As Property Taxes increase by 1 dollar, the size of the house increases by 6.78 ft. As Size increases by 1 square foot, the property taxes are predicted to increase by $6.78.   c. Predict the property taxes for a 1,500-square-foot home. (Round coefficient estimates to at least 4 decimal places and final answer to 2 decimal places.)

The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. With the aim of predicting the used selling price from the number of miles driven, we might examine the least-squares regression line, y=41.57 – 0.49.x. This line is shown in the scatter plot in Figure 1. Used selling price, Mileage, x (in thousands) (in thousands of dollars) 25.9 26.1 28.1 26.2 40- 21.1 31.4 24.0 27.5 35 27.2 30.9 38.7 21.4 30. 34.6 25.5 37.2 23.5 15.6 34.0 25- 23.8 28.0 20.9 30.9 20. 23.1 32.7 28.0 30.3 40 29.2 28.1 Figure 1 24.0 29.6 23.0 31.5 Send data to Excel

A. run a simple regression- dependent variable is Weeks, independent variable is Age.    B. run a multiple regression with dependent variable weeks and independent variable-age, married, head, manager and sales. C. Create the regular and standardized residual plots for both.  Please show the tables when entering values of the regression for both the outputs and the scatter plots.

A random sample of ten professional athletes produced the following data.  The first row is the number of endorsements the athlete has and the second row is the amount of money made (in millions of dollars) by the athlete.    What is the slope of the line of best fit?  Round to 3 decimal places. Number of Endorsements  0  3  2  1  5  5  4  3  0  4  Profit (in Millions)  2  8  7  3  13  12  9  9  3  10

Find the equation of the regression line for given data

Find the equation of the regression line for the given data. Then construct a scatter plot of the data and draw the regression line.​ (The pair of variables have a significant​ correlation.) Then use the regression equation to predict the value of y for each of the given​ x-values, if meaningful. The table below shows the heights​ (in feet) and the number of stories of six notable buildings in a city. height 775 619 519 508 491 474  ​(a) x=503 feet ​(b) x=644 feet ​Stories, y 53 47 44 42 39 38   ​(c) x=798 feet ​(d) x=734 feet

The following data gives the number of employees at the bookstore and the number of minutes students wait in line to buy books at the beginning of the term. The independent variable is the number of employees and the dependent variable is the number of minutes. What is the y intercept? SSxx = 56.857; SS=2095.714; SSxy=-322.571 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square XA356899 0.96 0.93 0.91 y 67 54 47 33 31 25 12

The data show the number of viewers for television stars with certain salaries. Find the regression equation, letting salary be the independent (x) variable. Find the best predicted number of viewers for a television star with a salary of $7 million. Is the result close to the actual number of viewers, 5.2 million? Use a significance level of 0.05. Salary (millions of $) 108 14 5 8 5.1 4.3 7.8 2.5 Viewers (millions) Click the icon to view the critical values of the Pearson correlation coefficient r. What is the regression equation? y=+x (Round to three decimal places as needed.) X 1 1 5 8 5.7 8.2 10.9 4.4

Need help answering A, B and C. B) Perform the linear regression calculation and provide the linear regression equation that describes the relationship between Y (number of air conditioning units sold) and X (outside temperature in degrees Fahrenheit. Calculate: Coefficient of determination (r2) and the coefficient of correlation (r).  SST, SSE and SSR for this linear regression.  Estimate for the variance (σ2) and the standard deviation for the linear regression model you have developed. C) Using the linear regression equation that you developed in topic (b), calculate the estimated sales for a day that will reach 72 degrees F and for a day that will reach 94 F and for both temperature levels calculate the error “e” when comparing the estimated value against the actual data provided. At which of the two temperatures, is your model more accurate? Justify.

The following data represent the number of flash drives sold per day at a localcomputer shop and their prices.Price Units Sold34 336 432 635 530 938 240 1a. Develop the estimated regression equation that could be used to predict thequantity sold given the price. Interpret the slope.b. Did the estimated regression equation provide a good fit? Explain.c. Compute the sample correlation coefficient between the price and the number offlash drives sold. Use a= 0.01 to test the relationship between price and units sold.d. How many units can be sold per day if the price of flash drive is set to $28.