Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 425 metric tons of lemon imports. Is the prediction worthwhile? Lemon Imports 235 270 356 494 515 Crash Fatality Rate 16.1 15.9 15.6 15.5 15.1Find the equation of the regression line. =D+(D)x (Round the y-intercept to three decimal places as needed. Round the slope to four decimal places as needed.) The best predicted crash fatality rate for a year in which there are 425 metric tons of lemon imports is D fatalities per 100,000 population. (Round to one decimal place as needed.) Is the prediction worthwhile? {2:} A. Since there appears to be an outlier, the prediction is not appropriate. (:22- B. Since all of the requirements for nding the equation of the regression line are met, the prediction is worthwhile. O C. Since common sense suggests there should not be much of a relationship between the two variables, the prediction does not make much sense. O D. Since the sample size is small, the prediction is not appropriate
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started