Answer:
Step-by-step explanation:
It is given that the regression equation
predicts an adult’s height (y) given the individual’s mother’s height (x1), his or her father’s height (x2), and whether the individual is male (x3 = 1) or female (x3 = 0).
The coefficient of x1 = 0.32 represents the increase in height of the child due to one inch increase in mother.
Similarly coefficient of x2 = 0.42 represents the increase in height of the child due to one inch increase in father.
and coefficient of x3 = 5.31 represents the increase in height of the child due to being a male than a female.
16 because 8 rooms have 8-11, 5 rooms have 4-7, and 3 rooms have 0-3 guests.
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
<h3>What is the interest rate behind a pay back?</h3>
In this situation we assume that the loan does not accumulate interests continuously in time. Hence, the <em>interest</em> rate for paying the loan back 75 days later is:
575 = 525 · (1 + r/100)
50 = 525 · r /100
5000 = 525 · r
r = 9.524
The loan has an <em>interest</em> rate of 9.524 % for 75 days. <em>Simple annual interest</em> rate is determine by rule of three:
r' = 9.524 × 365/75
r' = 46.350
The <em>simple annual interest</em> rate for the $ 525 loan is equal to 46.35 %.
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