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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Question
Wedding Cost Attendance
62700 300
50000 350
47000 150
43000 200
35000 250
32500 150
28000 250
28000 300
26000 250
26000 200
25000 150
25000 200
22000 200
22000 200
20000 200
20000 200
19000 100
18000 150
18000 200
18000 150
17000 100
12000 100
12000 150
6000 50
3000

50

 

Interpret the​ Y-intercept of the regression equation. Choose the correct answer below.
 
 
A.
It is not appropriate to interpret the​ Y-intercept because it is outside the range of observed wedding costs.
 
B.
The​ Y-intercept indicates that a wedding with a cost of​ $0 has a mean predicted attendance of
b 0b0
people.
 
C.
It is not appropriate to interpret the​ Y-intercept because it is outside the range of observed attendances.
 
D.
The​ Y-intercept indicates that a wedding with an attendance of 0 people has a mean predicted cost of
​$b 0b0.
Part 4
Identify and interpret the meaning of the coefficient of determination in this problem. Select the correct choice below and fill in the answer box to complete your choice.
 
​(Round to three decimal places as​ needed.)
 
A.
The coefficient of determination is
Upper R squaredR2equals=enter your response here.
This value is the probability that the correlation between the variables is statistically significant.
 
B.
The coefficient of determination is
Upper R squaredR2equals=enter your response here.
This value is the proportion of variation in wedding cost that is explained by the variation in attendance.
 
C.
The coefficient of determination is
Upper R squaredR2equals=enter your response here.
This value is the proportion of variation in attendance that is explained by the variation in wedding cost.
 
D.
The coefficient of determination is
Upper R squaredR2equals=enter your response here.
This value is the probability that the slope of the regression line is statistically significant.
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