MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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 125 and a y-intercept of - 400. 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. O A. V= O B. O C. y= O D. ŷ=+ LDarrow_forwardFind the explanation variation for the paired data. The equation of the regression line for the paired data below is y = 3x. Find the explained variation.arrow_forwardq5arrow_forward
- You are conducting a multiple regression analysis to determine if there is a linear relationship between y, the number of applications to in-state universities and two factors: ×1, the state's unemployment rate and ×2, the average grant provided to in-state students. Ten observations are available. The analysis produced the estimated regression equation below. y = 6.5 + 2.2×1 + 4.6×2 The standard error for the intercept, unemployment rate are 9.34, and 1.23, respectively. Is the coefficient for the unemployment rate variable statistically significant at the 5% significance level? Explain. A) No, since stat = 1.39 for this coefficient, which is less than 2.365. B) No, since the p-value for this coefficient is .072, which is greater than 05 C) None of these D) No, since the p-value for this coefficient is .072, which is greater than .05arrow_forwardUsing the regression formula with a slope = 5000 and intercept = 10,000, what would the predicted income be for someone who has 15 years of education? A. 60,000 B. 150,000 C. 85,000 D. 75,000arrow_forwardDifferent 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 130 and a y-intercept of −384. 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. b. What does the symbol y represent?arrow_forward
- 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 -362. 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.arrow_forwardFind the regression line (even if there isn't correlation in the population) Write the meaning of the slope of the regression line: Find the best predicted score a wife would have, if her husband scored 50:arrow_forwardShow your work please.arrow_forward
- Need regression equation, graph, and predict the value of y for a-d.arrow_forwardWhat is the dollar amount of change in sales for each new year according to the regression (slope) model? Do not use commas or $ in your answer.arrow_forwardUse the given data set to answer parts (a) and (b). a. Find the regression equation for the data points. b. Graph the regression equation and the data points. a. Find the regression equation for the data points. G (Use integers or decimals for any numbers in the expression. Round to two decimal places as needed.) X 5 y - 1 4 1 1 -1 3 2 2 4 Qarrow_forward
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