Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a. Is there an association between the practice midterm grade and the midterm grade of a student? If yes is it positive or negative?

image text in transcribedimage text in transcribedimage text in transcribed

a. Is there an association between the practice midterm grade and the midterm grade of a student? If yes is it positive or negative? There appears to be a positive association between the two variables. Part 2 of b. Use technology to find the equation of the line of best fit, y = mx + b, and the coefficient of determination and interpret the slope, the vertical intercept, and the coefficient of determination. (Round the answers to 3 decimal places.) i. m = 1.527 01.526 percents/point o is the the change of midterm grade per 1 unit of change in practice midterm grade ii. b-43.7 -43.740 percents O is the the midterm grade when the practice midterm grade is zero iii.r = 0.850 0.850 hence there is a strong o linear relation. Part 3 of c. Use the line of best fit to: i. estimate the midterm grade of a student whose practice midterm grade is 94 points. Answer: percents (Round the answer to the nearest unit.) ii. estimate the practice midterm grade of student whose midterm grade is 84 percents. Answer: points (Round the answer to the nearest unit.) b. Use technology to find the equation of the line of best fit, y = mx + b, and the coefficient of determination and interpret the slope, the vertical intercept, and the coefficient of determination. (Round the answers to 3 decimal places.) i. m 4.290 0 4.290 10 dollars/sq. foot is the the change of price per 1 unit of change in square footage ii. b = == 291.5 291.506 1000 dollars the price when the square footage is zero iii.r = = 0.874 0.874 hence there is a strong O is the c. Use the line of best fit to: i. estimate the price of a home whose square footage is 1900 sq. feet. Answer: linear relation. Part 3 of 3 dollars (Round the answer to the nearest unit.) ii. estimate the square footage of home for sale whose price is 367000 dollars. Answer: sq. feet (Round the answer to the nearest unit.) b. Use technology to find the equation of the line of best fit, y = mx + b, and the coefficient of determination and interpret the slope, the vertical intercept, and the coefficient of determination. (Round the answers to 3 decimal places.) i. m = 1.173 1.172 dollars/page the change of price per 1 unit of change in page count ii. b = -25.5 -25.585 dollars the price when the page count is zero iii. = 0.898 0.899 hence there is a strong O is the is the c. Use the line of best fit to: i. estimate the price of a college textbook whose page count is 95 pages. Answer: linear relation. Part 3 of 3 dollars (Round the answer to the nearest unit.) ii. estimate the page count of textbook whose price is 54 dollars. Answer: pages (Round the answer to the nearest unit.)

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

Step: 3

blur-text-image

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

An Introduction to the Mathematics of Financial Derivatives

Authors: Ali Hirsa, Salih N. Neftci

3rd edition

012384682X, 978-0123846822

More Books

Students also viewed these Mathematics questions

Question

Fortesting H0: = 0 against Ha: > 0 with = 0.05, use Figure

Answered: 1 week ago