Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the weights (Ib) and highway fuel consumption amounts (mi/gal) of the 48 cars listed in the accompanying data set, one gets this regression equation:

image text in transcribed
Using the weights (Ib) and highway fuel consumption amounts (mi/gal) of the 48 cars listed in the accompanying data set, one gets this regression equation: y = 58.9 - 0.00749x, where x represents weight. Complete parts (a) through (d). Click the icon to view the car data. a. vvnat does the symbol y represent? O A. y represents the predicted value of highway fuel consumption. O B. y represents the actual value of weight. O c. y represents the actual value of highway fuel consumption. O D. y represents the predicted value of weight. b. What are the specific values of the slope and y-intercept of the regression line? A. The slope is - 0.00749 and the y-intercept is 58.9. O B. The slope is 0.00749 and the y-intercept is 58.9. O C. The slope is 58.9 and the y-intercept is - 0.00749. O D. The slope is 58.9 and the y-intercept is 0.007499. What is the predictor variable? A. The predictor variable is highway fuel consumption, which is represented by y. B. The predictor variable is weight, which is represented by x. C. The predictor variable is highway fuel consumption, which is represented by x. D. The predictor variable is weight, which is represented by y

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Financial and Managerial Accounting the basis for business decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

18th edition

125969240X, 978-1259692406

Students also viewed these Mathematics questions