Answer: c=2.38
Step-by-step explanation:
Answer:
10/3 lawn
Step-by-step explanation:
2/3 of a lawn in 1/5 hour
-> 1 hour cab mow = 2/3(lawn) ÷ 1/5(hour)* 1(hour)
= 10/3 = 3,666666667 lawns
The true statement about the residual plot is (a) The regression line is a good model because there is no pattern in the residuals.
<h3>How to interpret the residual plot?</h3>
For a residual plot to be considered a good model, the points on the plot must be at random and they must not follow a specific pattern
From the graph, we can see that the points are scattered
Hence, the true statement about the residual plot is (a)
Read more about residual plots at:
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Answer:
y= 48 + 0.1x
x= miles driven
Step-by-step explanation:
<u>We need to calculate the fixed and variable cost (per mile) of renting a car. To do that, we will use the high-low method:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (65 - 58) / (170 - 100)
Variable cost per unit= $0.1 per mile
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 65 - (0.1*170)
Fixed costs= $48
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 58 - (0.1*100)
Fixed costs= $48
y= 48 + 0.1x
x= miles driven