Answer:
Current price index number = 455
Step-by-step explanation:
Given:
Current cost of gasoline = $2.58 per gallon
1975 price of gasoline = 56.7 Cents = 56.7 / 100 = $0.567 per gallon
Find:
Current price index number = ?
Computation:
Current price index number = (Current cost / Reference cost) 100
Current price index number = ($2.58 / $0.567)100
Current price index number = (4.55)100
Current price index number = 455
The answer is b, -11.
plug in 3 as the input and solve.
Answer:
Step-by-step explanation:
<em>hope</em><em> </em><em>this</em><em> </em><em>helps</em>
Answer:
Step-by-step explanation:
You need to assume that the slope between the dependent Varian and the numerical independent variable is zero.
In regression analysis, to find the effect of one independent variable on the dependent variable, there has to be no interference from the other independent variables whether they be categorical (dummy) or numerical independent variables.
A dummy variable is one which takes on the value of 0 or 1, to represent the absence or presence (respectively) of a given category which is expected to influence the dependent variable.
When a dummy independent variable is included in a regression model, to know the effect of that dummy or category (e.g. day =1, night =0) on the dependent variable, the influence of the numerical independent variable has to be removed temporarily.
In a regression equation,
Y=a+bX+cK
Y is the dependent variable
a is the intercept on the vertical axis on the graph
b is the slope between the dependent variable Y and the independent numerical variable X
c is the slope between the dependent variable Y and the dummy variable K
To do this, simply add the 2 functions-as it says:
(2x+1) + (-3x+4)
2x+1-3x-4
-x-3
Your answer is -x-3
