Blake is a songwriter who collects royalties on his songs whenever they are played in a commercial or a movie. Blake will earn $
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Answer:
a)Slope:
Intercept:
b)
And the determination coeffecient is
Step-by-step explanation:
Data given and definitions
The correlation coefficient is a "statistical measure that calculates the strength of the relationship between the relative movements of two variables". It's denoted by r and its always between -1 and 1.
The sum of squares "is the sum of the square of variation, where variation is defined as the spread between each individual value and the grand mean"
When we conduct a multiple regression we want to know about the relationship between several independent or predictor variables and a dependent or criterion variable.
n=110,
Part a
The slope is given by this formula:
If we replace we got:
We can find the intercept with the following formula
We can find the average for x and y like this:
And replacing we got:
Part b
In order to calculate the correlation coefficient we can use this formula:
For our case we have this:
n=110,
So we can find the correlation coefficient replacing like this:
And the determination coeffecient is
Answer:
Step-by-step explanation:
We are asked to find the equation of a line given a point and the slope. We will use the point-slope formula.
In this formula, m is the slope and (x₁, y₁) is the point the line passes through. The slope of this line is -4 and the line passes through (-2,5).
- m= -4
- x₁= -2
- y₁ = 5
Substitute the values into the formula.
We are finding the equation of the line, so we should find the slope-intercept form or y=mx+b ( where m is the slope and b is the y-intercept).We must isolate the variable y on one side of the equation.
First, distribute the -4 on the right side of the equation. Multiply each term inside the parentheses by -4.
5 is being subtracted from y. The inverse operation of subtraction is addition, so we will add 5 to both sides of the equation.
The equation of the line is y= -4x -3. The slope of the line is -4 and the y-intercept is -3.