1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sukhopar [10]
3 years ago
6

You are a personnel director and are interested in predicting the Number of Shares of Company Stock (Y) using the Number of Year

s Employed with the Company (X). You randomly selected 8 employees and found that the average number of shares is 525 and the average number of years employed is 22.5. If the slope (b1) is 20.0, what is the least squares estimate of the intercept (b0)
Mathematics
1 answer:
hoa [83]3 years ago
8 0

Answer:

intercept=b0=75

Step-by-step explanation:

The least squares estimate of the intercept b0 can be computed as

b0=ybar-b1*xbar.

ybar=average number of shares of company stock=525.

xbar= average number of years employed=22.5.

slope=b1=20.

Thus,

intercept=b0=ybar-b1*xbar

intercept=b0=525-20*22.5

intercept=b0=525-450

intercept=b0=75.

Thus, the estimate of intercept b0=75.

You might be interested in
The product of two numbers is 20. If one the numbers is 5/12 what is the other number
Zepler [3.9K]

Answer:

48.

Step-by-step explanation:

Let's write a simple equation. Let x = other number, then

5/12 * x = 20

x = 20 / 5/12

x = 20 * 12 / 5

x = 4 * 12 = 48  (answer)


3 0
3 years ago
(05.06)
Ymorist [56]

the answer for this question is (B) 5,-2

7 0
3 years ago
1/4 × -2/3 = how do I solve this problem
Katyanochek1 [597]

\bf \cfrac{1}{4}\times \cfrac{-2}{3}\implies \cfrac{1\times -2}{4\times 3}\implies \cfrac{-2}{12}\implies \stackrel{simplified}{-\cfrac{1}{6}}

6 0
3 years ago
Read 2 more answers
Evaluate 6ab when a = 1/2 and b = 7
Nezavi [6.7K]

Answer:

21

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Can someone pls help me with this.. Thanks in advance
vfiekz [6]
3,6,8,5, these are your answers
5 0
3 years ago
Read 2 more answers
Other questions:
  • A ladder 10 m long,leans against a vertical wall at an angle of 70° to the ground.if the ladder slips down the wall 4m,find,corr
    6·1 answer
  • Trevor used the time-to-pay-off formula to calculate how many payments it
    13·2 answers
  • A publisher needs to send many books to a local book retailer and will send the books in a combination of small and large boxes.
    10·1 answer
  • There is a total of 1,500 people in the town of Markston.Only 55% of them voted during the towns elections this year?
    5·1 answer
  • Given \sqrt{27}+\sqrt{108}
    7·1 answer
  • Help me with this one.
    15·2 answers
  • Brenda says that the negative of 1/3 is 3. because on the opposite sides of the zero if a number line is drawn. Is it true what
    7·1 answer
  • In how many ways can 4 people have different birth months?
    12·1 answer
  • What is the area of a circle with a diameter of 8​
    7·1 answer
  • 7. A dolphin is swimming at a depth of
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!