MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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CHALLENGE ACTIVITY
3.1.5: Using regression to make predictions.
Jump to level 1
A financial advisor wants to determine how the amount of time spent on financial education affects the amount of
debt.
50000
The equation of the regression line is
Ý = 50000 + (-500)X.
40000
A financial education time of 22
hours is found to result in an amount
30000
of debt of 39000 dollars. What is
20000
the predicted amount of debt?
Ex: 7.9
dollars
10000
Where is the observed value in
relation to the regression line?
10
20
30
40
50
60
Pick
above
below
Financial education time (in hours)
A financial education time of 35 hours is found to result in a
amount of debt of 33063 dollars. What is the predicted amount of debt?
Where is the observed value in relation to the regression line?
on
Pick
A financial education time of 26 hours is found to result in a
dollars
amount of debt of 34220 dollars. What is the predicted amount of debt?
Where is the observed value in relation to the regression line?
Pick
Check
Next
arch
Amount of debt (in dollars)
D- D D D-
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Transcribed Image Text:CHALLENGE ACTIVITY 3.1.5: Using regression to make predictions. Jump to level 1 A financial advisor wants to determine how the amount of time spent on financial education affects the amount of debt. 50000 The equation of the regression line is Ý = 50000 + (-500)X. 40000 A financial education time of 22 hours is found to result in an amount 30000 of debt of 39000 dollars. What is 20000 the predicted amount of debt? Ex: 7.9 dollars 10000 Where is the observed value in relation to the regression line? 10 20 30 40 50 60 Pick above below Financial education time (in hours) A financial education time of 35 hours is found to result in a amount of debt of 33063 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line? on Pick A financial education time of 26 hours is found to result in a dollars amount of debt of 34220 dollars. What is the predicted amount of debt? Where is the observed value in relation to the regression line? Pick Check Next arch Amount of debt (in dollars) D- D D D-
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