Answer:
-0.20
Step-by-step explanation:
Given the data:
Age at auction (x) ____price sold (y)
391
51
32
84
47
104
88
43
470
51
Y:
76.9
95.4
86.3
49.3
80
57
47.8
80
70
86.9
General formula for a simple linear regression :
y = ab + c
Where ;
y = predicted variable ; a = slope / gradient
b = predictor / independent variable ; c = intercept
From the result obtained from the calculator :
y = -0.01246X + 74.65552
Correlation Coefficient is used to measure the strength of relationship between linear variables.
The regression Coefficient obtained is - 0.20
This shows that there is a weak negative correlation between the age at auction and the price at which painting is sold. This is because the negative sign means that value of y decreases as x increases or vice versa, however, due to a correlation vale which is closer to 0 than 1 or - 1, we can conclude that the negative relationship between the variables is weak.
The correct answer for each is
a= 390.8
b= 136.8
Answer:
Start at -150, then add 3(-5), then add 122.2. -150 + 3(-5) + 122.2 = -45.3.
Answer:
x=24
Step-by-step explanation:
1/2x+2 = 1/2x^2+8
1/2x^2=1/4x
1/2x+2=1/4x+8
1/2x -1/4x =0.25x
0.25x+2=8
8-2=6
0.25x=6
0.25/6 = 24
x=24
240 homes in the county are between $175,000 and $225,000.
The image attached is associated with this question and m in it refers to the mean value which is $225000 here and d refers to the standard deviation which is $25000 here.
Now since m= $225000
and $175000= $225000-$50000= $225000-(2* $25000)= m-2d
Thus, as per the image area covered between m and m-2d= $225000
and $175000 is (34%+14%)of 500 homes= 68% of 500= 240 homes, is the answer.
A random variable X is said to follow a normal distribution if its parameters are mean and standard deviation. Every other distribution can be reduced to a normal distribution.
Learn to know more about normal distributions on brainly.com/question/4079902
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