Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table summarizes the bike trip duration and distance traveled by city bikers in Helsinki. Biker's ID

The table summarizes the bike trip duration and distance traveled by city bikers in Helsinki.

Biker's ID                           Duration (sec)                       Distance (m)

10023                                 401                                         1747

10055                                 869                                         1447

10032                                469                                           1772

10029                                 2406                                        7456

10009                                 1679                                         7120

10030                                 1262                                          5165

10017                                   335                                          1194

10003                                 11954                                         3651

10050                                  827                                            3120

10056                                   535                                           2070

10059                                   447                                           1418

10060                                    603                                          1404

10067                                    469                                           1272


a) create scatter diagram to visualize the relationship between mileage and price. The diagram must be labeled properly.  

b) Describe the relationship and build the regression equation. 

c) Interpret the meaning of a in the regression equation. 

d) Interpret the meaning of b in the regression equation. 

e) Compute the coefficient of correlation and interpret its meaning. 

f) Compute the coefficient of determination and interpret its meaning. 

g) At 0.01 level of significance, test whether there is a correlation in the population.

Step by Step Solution

3.39 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

To create a scatter diagram we plot the distance traveled mileage on the xaxis and the duration of the bike trip on the yaxis Here is the scatter diag... 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

Thomas Calculus Early Transcendentals

Authors: Joel R Hass, Christopher E Heil, Maurice D Weir

13th Edition

978-0321884077, 0321884078

More Books

Students also viewed these Finance questions

Question

Explain how sleep, exercise, and diet affect memory.

Answered: 1 week ago