Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 9 The point of averages of a scatterplot of Y against X is (-13, 19 ). The SD of X is 4, and the

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Problem 9 The point of averages of a scatterplot of Y against X is (-13, 19 ). The SD of X is 4, and the SD of Y is 5. The decimal fraction of points in the scatterplot whose X coordinates are between -30.6 and 4.6 and whose Y coordinates are between 6 and 32 is (Q13) [ at most v (Q14) (Hint: Use Chebychev's inequality twice.)Problem 7 The rms error of regression for regressing price against earnings is (Q9) |:| (Q10) The scatterplot below shows fabricated data for the price per share versus earnings per share per year of 100 public corporations. The average earnings per share is $9.75 per year with an SD of $5.98 per year, and the average price per share is $56.75 with an SD of $29.25. The correlation between price and earnings is 0.893. (Use this figure in your calculations, not the value of the correlation coefficient in the applet.) Faux Price per share vs. Earnings Data 140 130- . 120 - 110 - 100 90 80 - 70 60- 50 - 40 - 30 20 10 0 Co - 10 12 14 16 18 20 r: 0.89 Regression Line Plot Residuals X = 14.85 y = 0.00Problem 6 The equation of the regression line for regressing price per share on annual earnings per share is (estimated price per share) =(Q 7) |:| x (annual earnings per share) + $608) |:| The scatterplot below shows fabricated data for the price per share versus earnings per share per year of 100 public corporations. The average earnings per share is $9.75 per year with an SD of $5.98 per year, and the average price per share is $56.75 with an SD of $29.25. The correlation between price and earnings is 0.893. (Use this figure in your calculations, not the value of the correlation coefficient in the applet.) Faux Price per share vs. Earnings Data 40 30 - 20 - 10 - 0 0 A 8 10 12 16 . 18 20 -10 - -20 - -30 - -40 - -50 r: 0.89 Regression Line Plot Residuals X = 14.85 y = 0.00

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_2

Step: 3

blur-text-image_3

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

Finite Mathematics

Authors: Stefan Waner, Steven Costenoble

6th Edition

1285415604, 9781285415604

More Books

Students also viewed these Mathematics questions

Question

What factors might cause the interest rates to differ? Explain.

Answered: 1 week ago