### Relationship Between FICO Score and Auto Loan Interest RateAn economist aims to determine the relationship between one's FICO score (x) and the interest rate of a 36-month auto loan (y). The given data represent the interest rate (in percent) a bank would offer on a 36-month auto loan for various FICO scores.| Credit Score (x) | Interest Rate (percent, y) || ---------------- | -------------------------- || 545 | 18.982 || 595 | 17.967 || 640 | 12.218 || 675 | 8.612 || 705 | 6.68 || 750 | 5.15 |### Tasks:1. **Find the least-squares regression line** - Treat the FICO score as the explanatory variable and the interest rate as the response variable.2. **Predict the interest rate** - Estimate the interest rate a person would pay if their FICO score were the median score of 723.

Answered: Image /qna-images/answer/2e6ccc9f-5ae9-49a7-b708-8f844ab0d3d2.jpg

Answered: An economist want to determine the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The comparison line graph indicates the rainfall for the last six months of two different years in Nowhereville. 5- During what months was the rainfall of 2018 less than the rainfall of 2017? 2017 2018 July Aug Sept Oct Nov Dec Month ..... Select all of the months where the rainfall of 2018 was less than the rainfall of 2017. A. August B. July C. October D. November E. December F. September Rainfall (in inches)
what z value correlates to 98.96% under the curve
From the data given below compute quantity index for 1983 Price in 1982 (Rs.) 10 20 30 30 Quantity in 1982 100 150 200 150 Commodity 1983 150 200 250 200 ABCD
Determine the percent of data greater than z=−1.40. The percent of data greater than z=−1.40 is what %. (Type an integer or decimal rounded to two decimal places as needed.)
The data in the accompanying table represent the total rates of return (in percentages) for three stock exchanges over the four-year period from 2009 to 2012. Calculate the geometric mean rate of return for each of the three stock exchanges. Click the icon to view data table for total rate of return for stock market indices. Click the icon to view data table for total rate of return for platinum, gold, and silver. a. Compute the geometric mean rate of return per year for the stock indices from 2009 through 2012. For stock exchange A, the geometric mean rate of return for the four-year period 2009-2012 was %. (Type an integer or decimal rounded to two decimal places as needed.) Data table for total rate of return Year A B C 2012 6.52 13.15 15.93 2011 4.79 0.00 -2.47 2010 10.00 11.85 16.38 2009 18.63 23.62 43.12 Print Done - X C Geometric mean rate of return for stock market indices Metal Platinum Gold Silver Geometric mean rate of return D 13.54% 15.78% 20.52% Print Done X
q9
Yes, because 0.089 = (0.3)(0.158) No, because 0.089 ≠ (0.3)(0.158) Yes, because 0.047 = (0.3)(0.158) No, because 0.047 ≠ (0.3)(0.158)
Suppose that the correlation between height and IQ in children is +0.70. What proportion (or percent) of the variability in IQ can be explained by the relationship with height? Select one: a. 44% b. 51% c. 70% d. 49%
From the data given below, using the simple average of price relative comput: (i) Index number for 1998 with 1995 as the base and (ii) Index number for 1995 with 1998 as the base. Comment upon the result, if any. Price Items Unit 1995 1998 6. Rice Dal Ghee kg kg kg 15 20 40 50
In 1997, the average price of a group of items was 25% more than in 1996 but 25% less than in 1995 and it was 40% more than in 1998. Reduce the data to price relatives using (i) 1996 as the base. euan. e :
ABC company has recently experienced a sharp decline in its stock price. Its current (time 0) stock price is $42.65, and this morning, it paid $5.00 per share. Given that the stock price four years ago was $82.88, complete the following time series of data by determining the missing values. t= -3, Pt =$83.43, Divt = $16.03, Rt = (1)t= -2, Pt =$85.20, Divt =(2), Rt = 22.8482%t= -1, Pt =(3), Divt =$17.50, Rt = 20.6572%t= 0, Pt =$42.65, Divt =$5.00, Rt =(4)
The following box plot shows the U.S. population for 1990, the latest available year. + 33 17 50 =105 ure 2.42 a. Are there fewer or more children (age 17 and under) than senior citizens (age 65 and over)? How do you know? b. 12.6% are age 65 and over. Approximately what percentage of the population are working age adults (above age 17 to age 65)?

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