Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(1 point) The amounts of 6 restaurant bills and the corresponding amounts of the tips are given in the below. Assume that bill amount is

image text in transcribed
image text in transcribed
(1 point) The amounts of 6 restaurant bills and the corresponding amounts of the tips are given in the below. Assume that bill amount is the explanatory variable and tip amount the response variable. Bill 52.44 64.30 49.72 43.58 106.27 70.29 Tip 7.00 7.70 5.28 5.50 16.00 10.00 Find the correlation: r = Does there appear to be a significant correlation? OA. Yes Q B. No The regression equation is 3'; = If the amount of the bill is $80, the best prediction for the amount of the tip is . (Note: Enter your answer in dollars (i.e. include the $): $ xx.xx ) According to the regression equation, for every $5 increase in the bill, the tip should (Enter INCREASE or DECREASE) by

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding Analysis

Authors: Stephen Abbott

1st Edition

6610189684, 9786610189687

More Books

Students also viewed these Mathematics questions

Question

Self-confidence

Answered: 1 week ago

Question

The number of people commenting on the statement

Answered: 1 week ago