SOLUTION: Assessment 4
Consider the following data:
X 4 6 8 9 19
Y 12 16 25 30 39
Which of the following statements is correct?
a.
The slope is -3.24.
b.
The intercept i
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Question 1196542: Assessment 4
Consider the following data:
X 4 6 8 9 19
Y 12 16 25 30 39
Which of the following statements is correct?
a.
The slope is -3.24.
b.
The intercept is 3.54.
c.
When X is 10, then the estimated sales will be 25.83
d.
Y = 3.54-3.24X
e.
Coefficient of determination is 0.9849.
Answer by MathLover1(20849) (Show Source): You can put this solution on YOUR website!
given points: (,), (,), (,), (,), (,)
since given points do not lie on same line, we will find equation off best fit line
equation off best fit line is
the slope is
the intercept is
check for
answer:
c.
When is , then the estimated sales will be
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