rice Yes or No 50c 75c 1.00 1.25 1.60 1.75 2.00 = a table of the number of respondents who answe = a scatter plot of your data. and graph the regression line y = mp +b, which g would buy a candy bar if the price were p cents. T %3D lope m negative? t is the p-intercept of the demand equation? What ng candy bars?

Use the time/tip data from the table below, which includes data from New York City taxi rides. (The distances are in miles, the times are in minutes, the fares are in dollars, and the tips are in dollars.) Find the regression equation, letting time be the predictor (x) variable. Find the best predicted tip for a ride that takes 22 minutes. How does the result compare to the actual tip amount of $5.05? Distance 1.40 0.68 0.49 1.32 18.00 6.00 2.00 8.00 12.30 6.30 4.80 7.80 2.46 1.89 0.00 0.00 Time Fare Tip 12.71 1.65 1.80 27.00 11.00 25.00 36.80 9.80 16.30 0.00 1.96 1.50 ... 2.47 D 18.00 14.30 4.29 The regression equation is y = y=+x. (Round the y-intercept to two decimal places as needed. Round the slope to four decimal places as needed.) The best predicted tip for a ride that takes 22 minutes is $ (Round to the nearest cent as needed.) How does the result compare to the actual tip amount of $5.05?

How much should a healthy Shetland pony weigh? Let x be the age of the pony (in months), and let y be the average weight of the pony (in kilograms). x 3 6 12 20 26 y 60 95 140 160 189 (a) Make a scatter diagram of the data and visualize the line you think best fits the data.   Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website.   (b) Would you say the correlation is low, moderate, or strong?  low moderate     strong Would you say the correlation is positive or negative?  positive negative     (c) Use a calculator to verify that          x = 67,           x2 = 1265,           y = 644,           y2 = 93,546,  and          xy = 10,544.  Compute r. (Round your answer to three decimal places.)  As x increases from 3 to 26 months, does the value of r imply that y should tend to increase or decrease? Explain your answer.  Given our value of r, y should…

Use the Women's Earnings scatterplot below to answer the questions. Women's Earnings as a Percentage of Men's Earnings 90 80 70 60 50 y = 0.617x - 1156.3 40 R² = 0.9302 à 30 20 10 1979 1984 1989 1994 1999 2004 2009 Year What is the independent variable and what does it represent? Year Percentage Income in dollars CO2 Percentage

B-4 A toy store manager would like to know how the price can affect the sales of toys. In his data, he obtained 100 pairs of prices (unit: £) and volume of sales (unit: hundreds) for the toys. A simple linear regression was run with Sales as the dependent variable and Price as the independent variable with the following results. Regression Statistics R Square Adj. RSqr StErr of EST 0.876 0.767 0.701 4.184 Summary Table Variable Coeff. Std. Err Intercept 64.742 11.310 Price -2.645 0.602 (a) Write down the estimated regression equation. Explain this regression equation. (b) What's the value for R Square? Explain the meaning of this value. (c) Test the significance of the model at a=0.05 level. Write down the hypothesis you are testing, the statistic you use to evaluate the test, and your conclusion. (d) Use the regression output to construct a 99% confidence interval for the predicted sales when the price is set to be 15. (e) A colleague in the toy store claims that £1 increase in the…

Fill in the blank. Given a collection of paired sample data, the Given a collection of paired sample data, the y=bo+b,x algebraically describes the relationship between the two variables, x and y. y=bo+b₁x algebraically describes the relationship between the two variables, x and y. intercept of probability equation slope of regression equation

What is the explanatory variable,   what is the response variable. What is the regression equation for this data.   Plot the regression line in your calculator and draw it on your graph.   Interpret in context the slope.   Interpret in context the y-intercept.   What is the residual at 45 years of age.   Plot the residual plot on the axis to the right