A part-time contractor at a manufacturing facility earns $11.00 per hour. He worked 414 hours on Tuesday, 314 hours on Wednesday
2 answers:
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Answer: b
Explanation:
The line of best fit to a scattergram is obtained in linear regression analysis by minimizing the sum of the squared errors.
For example, in the diagram shown below, there are n data points in the scattergram.
The error for the i-th data point is
.
The coefficients (a and b) for the line of best fit are determined using calculus, to minimize
.
Explanation:
The line of best fit to a scattergram is obtained in linear regression analysis by minimizing the sum of the squared errors.
For example, in the diagram shown below, there are n data points in the scattergram.
The error for the i-th data point is
The coefficients (a and b) for the line of best fit are determined using calculus, to minimize
The amount after 7 years is given by:
The answer is: $20,948.15
The answer is: $20,948.15