Question
An individual wants to determine how much money a boy scout earns from selling popcorn (Y-variable) based on the length of time (in days) that
An individual wants to determine how much money a boy scout earns from selling popcorn (Y-variable) based on the length of time (in days) that they went out selling (X-variable).Using the following linear regression equation = 5 + 20X:
a.State the value of the interceptANDthe value of the slope (2 points)
b.Based on the given regression equation, what can you determine about the direction of the relationship between X and Y (i.e.is it positive or negative)?(2 points)
c. If a boy scout sells popcorn for 4 days, how much money is he predicted to earn? (2 points)
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