CAN SOMEONE PLEASE HELP ME ASAP PLEASEEEE!!!
1 answer:
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Answer:
Step-by-step explanation:
Hello!
Given the variables
X: daily hotel room rate
Y: amount spent on the entertainment
See second attachment for scatter plot.
The population regression equation is E(Yi)= α + βXi
To estimate the y-intercept and the slope of the regression equation you have to apply the following formulas:
a= Y[bar]-bX[bar]
n= 9; ∑X= 945; ∑X²= 103325; ∑Y= 1134 ∑Y²= 148804; ∑XY= 123307
X[bar]= ∑X/n= 945/9= 105
Y[bar]= ∑Y/n= 1134/9= 126
a= 126 - 1.03*105= 17.49
^Y= 17.49 + 1.03Xi
Slope interpretation: The estimated average amount spent on entertainment increases 1.03 every time the daily hotel room rate increases one unit.
If the room rate for Chicago is $128 (X), to predict the mount spent in entertainment (Y) you have replace it in the estimated regression line:
^Y= 17.49 + 1.03Xi= 17.49 + 1.03*128= 149.33
The expected amount spent on entertainment for Chicago is $149.33
I hope this helps!
Answer:
0.61
Step-by-step explanation:
The computation of the probability of the working of the system is shown below:
But before that first we have to find out the total probability of sub-system i.e 2,3 and 4 i.e
= 0.48
Now the working of the system probability is
= 1 - [(1 - probability of component 1) × (1 - sub system probability)]
= 1 - [(1 - 0.75) × (1 - 0.48)]
= 1 - 0.39
= 0.61
Please find the attachment for better understanding.
