×=23
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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 probability of an event can help make predictions by knowing the chance of something happening and using your knowledge to determine the probability of choosing for example blue on a spinner out of 6 with 4 blues. there is 4 blues and 2 red so you predict it will be on red because there is more of it
Since the solution to the system of equation is 12 and -12, hence the equation has 2 solutions
<h3>Modulus functions</h3>
Modulus functions are functions that can either be positive or negative. Given the modulus function below;
|h| − 8 = 4
The modulus of h can both be negative and positive
If the modulus of h is positive then;
h - 8 = 4
Add 8 to both sides
h-8 + 8 = 4 + 8
h = 4 + 8
h = 12
If the value of h is negative
-h - 8 = 4
-h = 4 + 8
h =-12
Since the solution to the system of equation is 12 and -12, hence the equation has 2 solutions
Learn more on modulus function here: brainly.com/question/23450491
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