Question
.A regression equation predicts gross profit for a restaurant from the distance to the nearest major highway.The regression line follows: = -12X + 25,000 where
.A regression equation predicts gross profit for a restaurant from the distance to the nearest major highway.The regression line follows:
= -12X + 25,000
where X is the distance (in yards) from the highway, and is predicted gross profit in dollars.
16A.How much will the restaurant make each year if it is 500 yards from the highway.
______________(1 point)
16B.The correlation between distance from the highway and gross income is:
PositiveNegative(highlight one)(1 point)
16C.What value does the equation give for slope?(1 point)
16D.At what point does the regression line cross the y-axis?(1 point)
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