Concept explainers
Fuel efficiency can make a big difference in the operating cost of your car. The following table gives the fuel economy for selected 1995 two-seater cars along with the average annual fuel cost to operate the car.
Make and Model of Car |
Estimated mpg (city) |
Annual fuel cost |
Chevy Corvette |
17 |
900 |
Dodge Viper |
13 |
1266 |
Honda Del Sol |
29 |
562 |
Honda NSX |
18 |
1012 |
Mazda MX-5 Miata |
22 |
751 |
Mercedes Benz SL 320 |
17 |
1012 |
Nissan 300 ZX |
18 |
1012 |
Suzuki X-90 2WD |
25 |
693 |
Source: Consumers’ Research Magazine, Nov. 1995 v.78
- Would you expect that there would be a relationship between these two quantities? Explain.
YES or NO (circle one)
Why?
- If the relationship was linear, would you expect it to be a positive or
negative correlation ?
POSITIVEorNEGATIVE (circle one)
Why?
- Name the independent and dependent variables.
independent variable (x): _________________________
dependent variable (y): ___________________________
- Using your calculator or computer software, scatterplot the data points. Sketch the graph below. Label the axes with what each represents and show a numerical scale on each.
- Does the relationship look linear? YES or NO (circle one)
Find the least squares regression line. Write the model:
(Round to three decimal spaces)
Sketch the line on your graph in #4.
- What is the
correlation coefficient R?
What does it tell you about the relationship between the gas mileage and average annual fuel cost? (describe the correlation using: weak positive, moderate positive, strong positive, weak negative, moderate negative, or strong negative)
- Do you think the variables have a cause and effect relationship? YES or NO (circle one)
Why?
- Use the regression line to predict the average annual fuel cost for cars that have a gas mileage of 20 mpg and 38 mpg.
Predicted fuel cost for 20 mpg: ____________________
Predicted fuel cost for 38 mpg: ____________________
Which prediction do you have more faith in? 20 mpg or 38 mpg (circle one)
Why?
- Describe what the slope means in terms of the problem situation.
As x increases by one, y (decreases / increases) by _________________.
(circle one)(how much)
SO
As the ________________increases by one mpg, the ___________________ (decreases / increases)
(independent variable) (dependent variable) (circle one)
by _________________.
(how much)
- Does the vertical intercept (y-intercept) make sense in terms of the situation?
YES or NO (circle one)
Why?
Trending nowThis is a popular solution!
Step by stepSolved in 6 steps with 3 images
- Use excel in this question: The Motion Picture Distributors Association of Australia collects yearly data on gross box office takings of the films in Australia. Data is provided here for the years 1990-2004. (Unfortunately more recent data is not readily available.) Is the highest box office takings for a film related to the number of films screened in Australia that year? Year No. of films screened Highest box office ($ million) 1990 252 26.1 1991 240 19.22 1992 229 18.73 1993 259 31.74 1994 252 24.65 1995 253 17.93 1996 281 29.29 1997 285 22.7 1998 273 47.33 1999 255 38.72 2000 250 30.72 2001 245 32.05 2002 258 33.81 2003 268 37.14 2004 318 50.35 1. Produce a scatterplot of the relevant data. Comment on the appropriateness of analysing this data using a linear regression model. 2. Use the statistics from a regression analysis of this data to evaluate the evidence for a useful predictive linear relationship between the two variables at the 5%…arrow_forwardThe accompanying table shows the height and weight of five football players in training camp. The body mass index (BMI) is used to assess the relative amount of fat in a person's body. If w is weight in pounds and h is height in inches, then BMI = 703wh. Some physicians consider your body fat abnormal if your BMI satisfies BMI-23>3. Which of the five players does not have abnormal body fat? does not have abnormal body fat. Player D Player B Player C Player E Player A .. Player A B C E Ht. 6-8 5-8 5-10 5-9 6-6 Wt. 359 240 227 164 342arrow_forwardA local construction company is trying to reduce costs. It found that the price of steel bars varies considerably from manufacturer to manufacturer. The table below shows the cost of one steel bar from different manufacturers. Calculate the IQR. Cost for One Steel Bar Emerson $4.31 Mannix $6.20 United $5.67 American $2.79 National $3.20 Pracox $3.57 Steelco $5.32 Cost per Steel Bar 7 6 4 3 2 1 O $2.47 O $2.53 O $4.32 O $5.36arrow_forward
- Please complete all work in excel. Use excel to make any necessary calculations and be sure to identify the answer, including units (if necessary). Answers that need formulas must have them within the answer cell. A manager is trying to educate employees on the effects of personal health and workplace performance. The manager has gathered data from a group of employees to evaluate the effects of sleep and sickness. The manager asked employees to record the total number of hours of sleep they had over 10 working days in two weeks and compared it to the number of sick days that each took over those 10 days. Sick Days Total hours of sleep 0 80 2 40 1 60 0 70 3 50 2 90 4 35 1 68 0 72 2 55 The manager wonders if a non-linear model is a better relationship between the variables. Develop the model and run a regression adding the non-linear variable for total hours of sleep.arrow_forwardThe Acme School of Locksmiths has been accredited for the past 15 years. Discuss how this information might be interpreted as a a. qualitative variable b. quantitative variablearrow_forwardIn 2000, 12.8% of vehicles sold were off-road vehicles. In 2010, that number decreased to 10.2%. Calculate and interpret the relative change in the number of off-road vehicles sold from 2000 to 2010.arrow_forward
- Please label each partarrow_forwardAt the stadium, there are three lines for arriving customers, each staffed by a single worker. The arrival rate for customers is 140 per minute and each customer takes (on average) 1.1 seconds for a worker to process. The coefficient of variation for arrival time is 1.4 and the coefficient of variation for service time is 1. (Round your answerto three decimal places.) How much time (in seconds will an average customer spend in queue? secondsarrow_forwardBicycling World, a magazine devoted to cycling, reviews hundreds of bicycles throughout the year. Its "Road-Race" category contains reviews of bicycles used by riders primarily interested in racing. One of the most important factors in selecting a bicycle for racing is the weight of the bicycle. The following data show the weight (pounds) and price ($) for ten racing bicycles reviewed by the magazine. Model Weight Price Fierro 7B 17.9 2200 HX 5000 16.2 6350 Durbin Ultralight 16 8490 Schmidt 16.2 6300 WSilton Advanced 17.5 4100 bicyclette vélo 15.2 8500 Supremo Team 16.5 6200 XTC Racer 17.6 2680 D’Onofrio Pro 17.5 4500 Americana #6 13.6 8200 Use the data to develop an estimated regression equation that could be used to estimate the price for a bicycle given its weight. What is the estimated regression model? Group of answer choices y = -1512x + 30578 y = 1351x + 26327 y = -1161x + 24489 y = -1457x + 27903 y = 1341x + 25176arrow_forward
- Please answer percentage changes.arrow_forwardOxnard College reports your GPA on a 4.0 scale. The "4" in the 4.0 GPA scale is equivalent to an A, "3" is equivalent to a B, "2" is equivalent to a C, "1" is equivalent to a D, and "0" is equivalent to a F. Last semester, a student recieved the following grades C in a 5 units Math course B in a 4 units Music course A in a 3 units Chemistry course B in a 5 units Journalism course What is the student's GPA for that term? Round to two decimal places. Student's GPA = Enter an integer or decimal number [more..] Submit Question re to search OM V B N Marrow_forward
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman