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Bas_tet [7]
3 years ago
5

A bottle of body wash costs $2.88 and contains 12 ounces. how much does it cost per ounce?

Mathematics
1 answer:
Andrew [12]3 years ago
6 0
$2.88/12=0.24 cents per ounce
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Answer:

b) y = 289.815 when x_1 = 180 \text{ and } x_2 = 310

Step-by-step explanation:

We are given the following information in the question:

y = 29.1270 + 0.5906x_1 + 0.4980x_2

where y is the dependent variable,

x_1, x_2 are the independent variable.

The multiple regression equation is of the form:

y = b_0 + b_1x_1 + b_2x_2

where,

b_0: is the intercept of the equation and is the value of dependent variable when all the independent variable are zero.

b_1: It is the slope coefficient of the independent variable x_1.

b_2: It is the slope coefficient of the independent variable x_2.

  • The regression coefficient in multiple regression is the slope of the linear relationship between the dependent and the part of a predictor variable that is independent of all other predictor variables.

Comparing the equations, we get:

b_1 = 0.5906\\b_2 = 0.4980

  • This means holding x_2 constant, a change of one in x_1 is associated with a change of 0.5906 in the dependent variable.
  • This means holding x_1 constant, a change of 1 in x_2 is associated with a change of 0.4980 in the dependent variable.

b) We have to estimate the value of y

y = 29.1270 + 0.5906(180) + 0.4980(310) = 289.815

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