Answer:
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Answer:
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Step-by-step explanation:
Answer:
The point has a high leverage
Step-by-step explanation:
The point has a high leverage as it would act as an infinitesimal point that will have a very huge/drastic impact on the fit of the model, and this impact can be seen in such ways as listed below :
- Smaller coefficient of determination
- Higher sum of squares error
removing this point will eliminate these drastic impact and make the correlation to be better.
Answer:
Jaime's. Interval not centered around the point estimate.
Step-by-step explanation:
When constructing a confidence interval based on a point estimate, the obtained point estimate must be the central value of the interval.
For Jaime's interval
Lower bound = 0.078
Upper Bound = 0.193

For Mariya's interval
Lower bound = 0.051
Upper Bound = 0.189

For a point estimate of 0.12, only Mariya's interval is adequate since Jaime's is not centered around the point estimate.
If he starts out with $25 and to enter is $5 then he will be left with $20. 0.80 per ride then he can ride 25 times by diving 20 by 0.80