Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that i regression equation has a slope of 135 and a y-intercept of -350. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. OAŷ=+x y= OC - OD. y=+* b. What does the symbol y represent? OA. The symbol y represents the average price of hotels in the area. B. The symbol y represents the amount that price increases with a 1-point increase in rating OC. The symbol y represents the expected price when the hotel's rating is 0. OD. The symbol y represents the predicted value of price 0 в. + * X
Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that i regression equation has a slope of 135 and a y-intercept of -350. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. OAŷ=+x y= OC - OD. y=+* b. What does the symbol y represent? OA. The symbol y represents the average price of hotels in the area. B. The symbol y represents the amount that price increases with a 1-point increase in rating OC. The symbol y represents the expected price when the hotel's rating is 0. OD. The symbol y represents the predicted value of price 0 в. + * X
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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![Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the
regression equation has a slope of 135 and a y-intercept of -350. Complete parts (a) and (b) below.
a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice.
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b. What does the symbol y represent?
OA. The symbol y represents the average price of hotels in the area.
OB. The symbol y represents the amount that price increases with a 1-point increase in rating.
OC. The symbol y represents the expected price when the hotel's rating is 0.
OD. The symbol y represents the predicted value of price.
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Transcribed Image Text:Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the
regression equation has a slope of 135 and a y-intercept of -350. Complete parts (a) and (b) below.
a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice.
S
12
7
3
W
OA.y=+x
OB. y=+*
OC. y=+
OD. y=+*
b. What does the symbol y represent?
OA. The symbol y represents the average price of hotels in the area.
OB. The symbol y represents the amount that price increases with a 1-point increase in rating.
OC. The symbol y represents the expected price when the hotel's rating is 0.
OD. The symbol y represents the predicted value of price.
X
дв
nd
#
SO
F3
E
26
D
C
$
4
a
FA
R
F
%
5
V
JO
✔
T
G
6
A
B
MacBook Air
Y
H
&
v lo
810
7
F7
D
N
*
8
20
J
DIE
FO
I
M
(
6²
9
X.
K
O
V
I
H
O
qqqqqqqqı
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Time Remaining: 00:43:18 Next
910
P
A.
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PHY
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command option
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