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Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons
Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per 100,000 people, find the best predicted crash fatality rate for a year in which there are 500 metric tons of lemon imports. Is the prediction worthwhile? Use a significance level of 0.05.
Lemon importsĀ
234
261
363
461
536
Crash fatality rateĀ
16.1
16
15.7
15.5
15.1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To find the regression equation and make the prediction follow these steps 1 Organize the Data Let x represent lemon imports in metric tons Let y repr...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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