FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that you run a correlation and find the correlation coefficient is 0.373 and the regression equation isy=1.5x+10.75, The mean values of your data werex=7.1

Suppose that you run a correlation and find the correlation coefficient is 0.373 and the regression equation isy=1.5x+10.75, The mean values of your data werex=7.1 and y=21.6. If the critical value is 0.497, use the appropriate method to predict they value when x is 6.

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

Step: 3

blur-text-image

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

Algebra 2

Algebra 2

Authors: John A. Carter, Gilbert J. Cuevas, Roger Day, Carol Malloy, Berchie Holliday, Ruth M. Casey

Common Core Edition

0076639908, 978-0076639908

More Books

Students also viewed these Mathematics questions

Question

★★★★★
In January, Prahbu purchases a new machine for use in an existing production line of his manufacturing business for $90,000. Assume that the machine is a unit of property and is not a material or...

Answered: 1 week ago

Question

★★★★★
After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: 5. EJH Enterprises has EPS of $1.80, EBITDA of $295 million, $30...

Answered: 1 week ago

Question

★★★★★
IQ, Inc., currently monopolizes the market for a certain type of microprocessor, the

Answered: 1 week ago

Question

★★★★★
The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military operation. Working the normal two shifts of 40 hours each per week,...

Answered: 1 week ago

Question

★★★★★
Suppose that you run a correlation and find the correlation coefficient is 0.373 and the regression equation isy=1.5x+10.75, The mean values of your data werex=7.1 and y=21.6. If the critical value...

Answered: 1 week ago

Question

★★★★★
Let n>0 be some given number, and let 8 be a class of total functions of no more than n variables. Show that & is not a PRC class

Answered: 1 week ago

Question

★★★★★
The risk-free rate of return is 5%, the expected rate of return on the market portfolio is 12%, and the stock of Exotic Foods Corporation has a beta coefficient of 0.8. Exotic Foods pays out 70% of...

Answered: 1 week ago

Question

★★★★★
Other information: Phila received an annuity of R1 500 a month for the entire 2024 year of assessment. She purchased the annuity on 1 March 2005 for R240 000 for a 20 year period. Phila is a very...

Answered: 1 week ago

Question

★★★★★
Indicate which one of the following biases/fallacies are of concern in this case. My last car repair cost me $200. This time the mechanic said that my car needs repairs that will cost over $1000....

Answered: 1 week ago

Question

★★★★★
David Porter is the management accountant at Spruce Bank, where the data science department is leading an initiative to predict whether loans will default or repay. The default rate in the training...

Answered: 1 week ago

Question

★★★★★
Explain the following based on Professional Career Planning: 1. Self-Assessment - Self Analyzing, Self-Upgrading and Self-Improvement 2. Hard Skills 3. Soft Skills 4. Importance of Vision in Career...

Answered: 1 week ago

Previous Question Next Question