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1 answer:
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Answer: ŷ = 0.07X + 5.2
Step-by-step explanation:
Given the following :
Number of citations 5 - 7.5 - 10 - 15 - 20
Outputs Residuals 3 - - 6 - - 10 - 5 - - 6
Using the online regression calculator :
Line of best fit is represented by the equation:
ŷ = 0.06897X + 5.2069
ŷ = 0.07X + 5.2
From the line equation:
y = mx + c
With 0.07 = slope of gradient(m)
Intercept (c) = 5.2 (point where the line of best fit intersect the y_axis
x and y are values of x and y respectively
Answer:
C. It will increase by about 0.6%
Step-by-step explanation:
Since, the effective interest rate is,
Where, i is the stated interest rate,
n is the number of compounding periods,
Here, i = 11.28 % = 0.1128,
n = 365 ( 1 year = 365 days ),
Hence, the effective interest rate would be,
=0.119388521952
Now, the changes in effective interest rate = Effective interest rate - Stated interest rate
= 0.119388521952 - 0.1128
= 0.006588521952 ≈ 0.006 = 0.6 %
Hence, It will increased by about 0.6 %,
Option A is correct.
Hope this helps :)