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Question: The amounts of 6 restaurant bills and the corresponding amounts of the tips are given in the below. Assume that bill amount is the

Question: The amounts of 6 restaurant bills and the corresponding amounts of the tips are given in the below. Assume that bill amount is the explanatory variable and tip amount the response variable. CHECK attachment

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a) Find the correlation: r=

b) Does there appear to be a significant correlation? A. No B. Yes

c)The regression equation is ?=

d) If the amount of the bill is $50, the best prediction for the amount of the tip is:

e) According to the regression equation, for every $5 increase in the bill, the tip should (Enter INCREASE or DECREASE ) by __________.

image text in transcribed
(1 point) The amounts of 6 restaurant bills and the corresponding amounts of the tips are given in the below. Assume that bill amount is the explanatory variable and tip amount the response variable. Bill 32.98 70.29 52.44 43.58 88.01 106.27 Tip 4.50 10.00 7.00 5.50 10.00 16.00 Find the correlation: r = Does there appear to be a signicant correlation? ' A. No ' B. Yes The regression equation is 5': = If the amount of the bill is $50, the best prediction for the amount of the tip is . (Note: Enter your answer in dollars G.e. include the $): $ xx.xx) According to the regression equation, for every $5 increase in the bill, the tip should (Enter INCREASE or DECREASE) by

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