PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)
PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)
8th Edition
ISBN: 9781337904285
Author: Larson
Publisher: CENGAGE L
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Concept explainers

Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…
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Chapter 3, Problem 30CT

a.

To determine

Construct a scatter plot for given data.

a.

Expert Solution
Check Mark

Answer to Problem 30CT

  PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS), Chapter 3, Problem 30CT , additional homework tip 1

Explanation of Solution

Given information:

Income generated from 2011 to 2017.

    Year Revenue
    2011 66.1
    2012 116.9
    2013 197.5
    2014 325.9
    2015 644.7
    2016 846.6
    2017 1076.8

Assume t=1 at 2011.

  PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS), Chapter 3, Problem 30CT , additional homework tip 2

b.

To determine

Suitable Model for the data and coefficient of determination.

b.

Expert Solution
Check Mark

Answer to Problem 30CT

The equation of linear model is

  y=176.3x−237.5

The coefficient of determination is 0.94.

Explanation of Solution

Given information:

    Year Revenue
    2011 66.1
    2012 116.9
    2013 197.5
    2014 325.9
    2015 644.7
    2016 846.6
    2017 1076.8

Formula used:

Coefficient of determination

  r2=(n∑xy−∑x∑yn∑x2−(∑x)2n∑y2−(∑y)2)2

Mean of x is 4

Mean of y is 467.7.

    X Y    X  - Mx    Y  - My ( X  - Mx)2  ( X  - Mx)( Y  - My)
    1 66.1 -3 -401.686 9 1205.0571
    2 116.9 -2 -350.886 4 701.7714
    3 197.5 -1 -270.286 1 270.2857
    4 325.9 0 -141.886 0 0
    5 644.7 1 176.9143 1 176.9143
    6 846.6 2 378.8143 4 757.6286
    7 1076.8 3 609.0143 9 1827.0429

Linear regression equation: y=ax+b

Where,

  a=∑(x−x¯)(y−y¯)∑(x−x¯)2a=4938.728a=176.3

  y=ax+b467.7=a(4)+b467.7=176.3(4)+b467.7=705.2+b

  b=−237.5

The equation of linear model is

  y=176.3x−237.5

Coefficient of determination:

    X Y X2Y2XY
    1 66.1 1 4369.21 66.1
    2 116.9 4 13665.61 233.8
    3 197.5 9 39006.25 592.5
    4 325.9 16 106210.8 1303.6
    5 644.7 25 415638.1 3223.5
    6 846.6 36 716731.6 5079.6
    7 1076.8 49 1159498 7537.6

The coefficient of determination:

  r2=(n∑xy−∑x∑yn∑x2−(∑x)2n∑y2−(∑y)2)2r=7(18036.7)−28(3274.5)7(140)−(28)27(2455120)−(3274.5)2r=126256.9−91686980−78417185840−10722350.3r=34570.91966463489.7

  r2=(34570.91966463489.7)2r2=(34570.914(2542.3))2r2=(34570.935592.2)2r2=(0.97)2

  r2=0.94

The coefficient of determination is 0.94.

c.

To determine

Construct the graph with the help of graphing utility.

c.

Expert Solution
Check Mark

Answer to Problem 30CT

  PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS), Chapter 3, Problem 30CT , additional homework tip 3

Explanation of Solution

Given information:

The equation of linear model is

  y=176.3x−237.5

The graph of y=176.3x−237.5 is

  PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS), Chapter 3, Problem 30CT , additional homework tip 4

d.

To determine

Whether the model is fit for data or not.

d.

Expert Solution
Check Mark

Answer to Problem 30CT

Yes, the model is fit for data.

Explanation of Solution

  r2=0.94

As r2 moves more nearer to it becomes more precise.

As r2=0.94 is very closer to 1, so, this model is fit for data.

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Chapter 3, Problem 29CT
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Chapter 3, Problem 1STP

Chapter 3 Solutions

PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)

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Prob. 56ECh. 3.5 - Prob. 57ECh. 3.5 - Prob. 58ECh. 3.5 - Prob. 59ECh. 3.5 - Prob. 60ECh. 3.5 - Prob. 61ECh. 3.5 - Prob. 62ECh. 3.5 - Prob. 63ECh. 3.5 - Prob. 64ECh. 3.5 - Prob. 65ECh. 3.5 - Prob. 66ECh. 3.5 - Prob. 67ECh. 3.5 - Prob. 68ECh. 3.5 - Prob. 69ECh. 3.5 - Prob. 70ECh. 3.5 - Prob. 71ECh. 3.5 - Prob. 72ECh. 3.5 - Prob. 73ECh. 3.5 - Prob. 74ECh. 3.5 - Prob. 75ECh. 3.5 - Prob. 76ECh. 3.5 - Prob. 77ECh. 3.5 - Prob. 78ECh. 3.6 - Prob. 1ECh. 3.6 - Prob. 2ECh. 3.6 - Prob. 3ECh. 3.6 - Prob. 4ECh. 3.6 - Prob. 5ECh. 3.6 - Prob. 6ECh. 3.6 - Prob. 7ECh. 3.6 - Prob. 8ECh. 3.6 - Prob. 9ECh. 3.6 - Prob. 10ECh. 3.6 - Prob. 11ECh. 3.6 - Prob. 12ECh. 3.6 - Prob. 13ECh. 3.6 - Prob. 14ECh. 3.6 - Prob. 15ECh. 3.6 - Prob. 16ECh. 3.6 - Prob. 17ECh. 3.6 - Prob. 18ECh. 3.6 - Prob. 19ECh. 3.6 - Prob. 20ECh. 3.6 - Prob. 21ECh. 3.6 - Prob. 22ECh. 3.6 - Prob. 23ECh. 3.6 - Prob. 24ECh. 3.6 - Prob. 25ECh. 3.6 - Prob. 26ECh. 3.6 - Prob. 27ECh. 3.6 - Prob. 28ECh. 3.6 - Prob. 29ECh. 3.6 - Prob. 30ECh. 3.6 - Prob. 31ECh. 3.6 - Prob. 32ECh. 3.6 - Prob. 33ECh. 3.6 - Prob. 34ECh. 3.6 - Prob. 35ECh. 3.6 - Prob. 36ECh. 3.6 - Prob. 37ECh. 3.6 - Prob. 38ECh. 3.6 - Prob. 39ECh. 3.6 - Prob. 40ECh. 3.6 - Prob. 41ECh. 3.6 - Prob. 42ECh. 3.6 - Prob. 43ECh. 3.6 - Prob. 44ECh. 3.6 - Prob. 45ECh. 3.6 - Prob. 46ECh. 3 - Prob. 1CRCh. 3 - Prob. 2CRCh. 3 - Prob. 3CRCh. 3 - Prob. 4CRCh. 3 - Prob. 5CRCh. 3 - Prob. 6CRCh. 3 - Prob. 7CRCh. 3 - Prob. 8CRCh. 3 - Prob. 9CRCh. 3 - Prob. 10CRCh. 3 - Prob. 11CRCh. 3 - Prob. 12CRCh. 3 - Prob. 13CRCh. 3 - Prob. 14CRCh. 3 - Prob. 15CRCh. 3 - Prob. 16CRCh. 3 - Prob. 17CRCh. 3 - Prob. 18CRCh. 3 - Prob. 19CRCh. 3 - Prob. 20CRCh. 3 - Prob. 21CRCh. 3 - Prob. 22CRCh. 3 - Prob. 23CRCh. 3 - Prob. 24CRCh. 3 - Prob. 25CRCh. 3 - Prob. 26CRCh. 3 - Prob. 27CRCh. 3 - Prob. 28CRCh. 3 - Prob. 29CRCh. 3 - Prob. 30CRCh. 3 - Prob. 31CRCh. 3 - Prob. 32CRCh. 3 - Prob. 33CRCh. 3 - Prob. 34CRCh. 3 - Prob. 35CRCh. 3 - Prob. 36CRCh. 3 - Prob. 37CRCh. 3 - Prob. 38CRCh. 3 - Prob. 39CRCh. 3 - Prob. 40CRCh. 3 - Prob. 41CRCh. 3 - Prob. 42CRCh. 3 - Prob. 43CRCh. 3 - Prob. 44CRCh. 3 - Prob. 45CRCh. 3 - Prob. 46CRCh. 3 - Prob. 47CRCh. 3 - Prob. 48CRCh. 3 - Prob. 49CRCh. 3 - Prob. 50CRCh. 3 - Prob. 51CRCh. 3 - Prob. 52CRCh. 3 - Prob. 53CRCh. 3 - Prob. 54CRCh. 3 - Prob. 55CRCh. 3 - Prob. 56CRCh. 3 - Prob. 57CRCh. 3 - Prob. 58CRCh. 3 - Prob. 59CRCh. 3 - Prob. 60CRCh. 3 - Prob. 61CRCh. 3 - Prob. 62CRCh. 3 - Prob. 63CRCh. 3 - Prob. 64CRCh. 3 - Prob. 65CRCh. 3 - Prob. 66CRCh. 3 - Prob. 67CRCh. 3 - Prob. 68CRCh. 3 - Prob. 69CRCh. 3 - Prob. 70CRCh. 3 - Prob. 71CRCh. 3 - Prob. 72CRCh. 3 - Prob. 73CRCh. 3 - Prob. 74CRCh. 3 - Prob. 75CRCh. 3 - Prob. 76CRCh. 3 - Prob. 77CRCh. 3 - Prob. 78CRCh. 3 - Prob. 79CRCh. 3 - Prob. 80CRCh. 3 - Prob. 81CRCh. 3 - Prob. 82CRCh. 3 - Prob. 83CRCh. 3 - Prob. 84CRCh. 3 - Prob. 85CRCh. 3 - Prob. 86CRCh. 3 - Prob. 87CRCh. 3 - Prob. 88CRCh. 3 - Prob. 89CRCh. 3 - Prob. 90CRCh. 3 - Prob. 91CRCh. 3 - Prob. 92CRCh. 3 - Prob. 93CRCh. 3 - Prob. 94CRCh. 3 - Prob. 95CRCh. 3 - Prob. 96CRCh. 3 - Prob. 97CRCh. 3 - Prob. 98CRCh. 3 - Prob. 99CRCh. 3 - Prob. 100CRCh. 3 - Prob. 101CRCh. 3 - Prob. 102CRCh. 3 - Prob. 103CRCh. 3 - Prob. 104CRCh. 3 - Prob. 105CRCh. 3 - Prob. 106CRCh. 3 - Prob. 107CRCh. 3 - Prob. 108CRCh. 3 - Prob. 109CRCh. 3 - Prob. 110CRCh. 3 - Prob. 111CRCh. 3 - Prob. 112CRCh. 3 - Prob. 113CRCh. 3 - Prob. 114CRCh. 3 - Prob. 115CRCh. 3 - Prob. 116CRCh. 3 - Prob. 117CRCh. 3 - Prob. 118CRCh. 3 - Prob. 119CRCh. 3 - Prob. 120CRCh. 3 - Prob. 121CRCh. 3 - Prob. 122CRCh. 3 - Prob. 123CRCh. 3 - Prob. 124CRCh. 3 - Prob. 125CRCh. 3 - Prob. 126CRCh. 3 - Prob. 1CTCh. 3 - Prob. 2CTCh. 3 - Prob. 3CTCh. 3 - Prob. 4CTCh. 3 - Prob. 5CTCh. 3 - Prob. 6CTCh. 3 - Prob. 7CTCh. 3 - Prob. 8CTCh. 3 - Prob. 9CTCh. 3 - Prob. 10CTCh. 3 - Prob. 11CTCh. 3 - Prob. 12CTCh. 3 - Prob. 13CTCh. 3 - Prob. 14CTCh. 3 - Prob. 15CTCh. 3 - Prob. 16CTCh. 3 - Prob. 17CTCh. 3 - Prob. 18CTCh. 3 - Prob. 19CTCh. 3 - Prob. 20CTCh. 3 - Prob. 21CTCh. 3 - Prob. 22CTCh. 3 - Prob. 23CTCh. 3 - Prob. 24CTCh. 3 - Prob. 25CTCh. 3 - Prob. 26CTCh. 3 - Prob. 27CTCh. 3 - Prob. 28CTCh. 3 - Prob. 29CTCh. 3 - Prob. 30CTCh. 3 - Prob. 1STPCh. 3 - Prob. 2STPCh. 3 - Prob. 3STPCh. 3 - Prob. 4STPCh. 3 - Prob. 5STPCh. 3 - Prob. 6STPCh. 3 - Prob. 7STPCh. 3 - Prob. 8STPCh. 3 - Prob. 9STPCh. 3 - Prob. 10STPCh. 3 - Prob. 11STPCh. 3 - Prob. 12STPCh. 3 - Prob. 13STPCh. 3 - Prob. 14STPCh. 3 - Prob. 15STPCh. 3 - Prob. 16STPCh. 3 - Prob. 17STPCh. 3 - Prob. 18STPCh. 3 - Prob. 19STPCh. 3 - Prob. 20STPCh. 3 - Prob. 21STPCh. 3 - Prob. 22STPCh. 3 - Prob. 23STPCh. 3 - Prob. 24STPCh. 3 - Prob. 25STPCh. 3 - Prob. 26STP
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