Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Several studies have shown that the more time shoppers spend online the more they will purchase form online retailers. An online retailer wants to study
Several studies have shown that the more time shoppers spend online the more they will purchase form online retailers. An online retailer wants to study the relationship between a person's age and the number of minutes they spend browsing online each week. The data is
Age | Browsing Time (minutes/week) |
27 | 529 |
41 | 441 |
63 | 172 |
56 | 327 |
24 | 518 |
20 | 429 |
61 | 271 |
30 | 524 |
24 | 554 |
18 | 427 |
52 | 377 |
31 | 325 |
20 | 394 |
61 | 223 |
16 | 351 |
- Which variable is the explanatory variable? Enter "age" or "browsing time" in blank #1.
- Which variable is the response variable? Enter "age:" or "browsing time" in blank #2.
- In blank #3, enter the correlation coefficient. (Round your answer to 4 decimals and enter your answer as 0.1234, not .1234)
- In blank #4 enter the slope of the regression line. (Round your answer to 2 decimals.)
- In blank #5 enter the y-intercept of the regression line. (Round your answer to 2 decimals.)
- In blank #6 enter the coefficient of determination. (Enter your answer as a decimal, rounded to 4 decimal places and enter your answer as 0.1234, not .1234.)
- In blank #7 enter the standard error of the estimate. (Round your answer to 2 decimals.)
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