Answer:
Step-by-step explanation:
a) Option C is correct.
b)y =8.1 + 0.4x₁ +0.7x₂
Constant is the sample mean for city C. The coefficient of x1 is the difference between the sample means for City A and City C and the coefficient of x2 is the difference between the sample means for City B and City C.
Answer:
$122.1
Step-by-step explanation:
We are given the following data in the question
$124, $256 , $118, $441, $122, $335, $340, $191
Step 1
Find the mean
Mean = Sum of Terms / Number of Terms
Number of Terms = 8
Mean = ($124 + $256 + $118 + $441 + $122 + $335 + $340 + $191 )/ 8
Mean = $1927/8
= $240.875
Approximately to 1 decimal place
$240.9
Step 2
Standard deviation formula
S = √( x - μ)²/ N - 1),
N = Number of terms
μ = Mean
S = √[($124 - $240.9)² + ($256 - $240.9)² + ($118 - $240.9)² + ($441 - $240.9)² + ($122 - $240.9)² + ($335 - $240.9)² + ($340 - $240.9)²+ ($191 -$240.9)²/ 8 - 1]
S = $122.0895
Approximately to 1 decimal place
S = $122.1
Therefore, the standard deviation for the given data is $122.1