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vovikov84 [41]
4 years ago
14

Thirteen students entered the business program at Sante Fe College 2 years ago. The following table indicates what each student

scored on the high school SAT math exam and their​ grade-point averages​ (GPAs) after students were in the Sante Fe program for 2 years.
Student A B C D E F G
SAT Score 421 375 585 693 608 392 418
GPA 2.93 2.87 3.03 3.42 3.66 2.91 2.12
Student H I J K L M
SAT Score 484 725 506 613 706 366
GPA 2.50 3.24 1.97 2.73 3.88 1.58 ​
The​ least-squares regression equation that shows the best relationship between GPA and the SAT score is:________ ​(round your responses to four decimal ​places)​
Business
1 answer:
Anit [1.1K]4 years ago
5 0

Answer:

ŷ = 0.0035X + 1.0030

Explanation:

Given the data :

Student A B C D E F G H I J K L M

SAT Score: 421 375 585 693 608 392 418 484 725 506 613 706 366

GPA: 2.93 2.87 3.03 3.42 3.66 2.91 2.12 2.50 3.24 1.97 2.73 3.88 1.58 ​

We can obtain the Least square regression calculator, we can obtain the least square regression equation in the Format :

y = mx + c

Where ; m = gradient / slope

x = predictor variable ; c = intercept

y = Independent variable.

The model equation produced by the calculator is :

ŷ = 0.0035X + 1.0030

y predicted variable ; x = explanatory variable

0.0035 = slope or gradient ; 1.0030 = intercept

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Nora surveys people of different age groups and social backgrounds to find the potential target audience for her company’s produ
nataly862011 [7]

Answer:

E. Marketing.

Explanation:

7 0
2 years ago
Read 2 more answers
At December 31 of the current year, Cart Company has a $16,000 Notes Receivable from a customer. Interest of 5% has accrued for
lyudmila [28]

Answer: $23,200 as total current asset for the period

Explanation:

Note Receivable has a value $16,000

Interest on Note = 5%

Accrued for 9 months

Yearly Interest accrued = 16,000*5%*12= 9,600

Interest for 9 months = 9600/12*9 = 7,200

Balance sheet Extract

Other Income

Int Accrued on Note Receivable      $7,200

Current Asset

Note Receivable                                $16,000

Int Accrued on Note Receivable      $7,200

Total Current Asset                            $23,200

6 0
4 years ago
On June 1, Skysong, Inc. issues 2,700 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of
faust18 [17]

Answer:

June 1

DR Cash <u>$16,200</u>

CR Common Stock <u>$16,200</u>

<em>(To record issuance of Common Stock)</em>

<u>Workings</u>

Cash

= 2,700 shares * $6 price

= $16,200

8 0
4 years ago
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
vekshin1

Answer:

c. Inferior

Explanation:

Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.

4 0
4 years ago
Motorcycle Manufacturers, Inc., projected sales of 54,500 machines for the year. The estimated January 1 inventory is 6,860 unit
MrRa [10]

Answer:

55,060 machines

Explanation:

Projected sales = 54,500

Estimated opening balance = 6,860

Desired ending balance = 7,420

Budgeted production = ?

Let the budgeted production be B

Using the formula

Opening balance + Budgeted production - Sales = Closing balance

6,860 + B - 54,500 = 7,420

B = 7,420 + 54,500 - 6,860

B = 55,060

The budgeted production for the year is 55,060 machines.

4 0
4 years ago
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