Answer:
-0.20
Step-by-step explanation:
Given the data:
Age at auction (x) ____price sold (y)
391
51
32
84
47
104
88
43
470
51
Y:
76.9
95.4
86.3
49.3
80
57
47.8
80
70
86.9
General formula for a simple linear regression :
y = ab + c
Where ;
y = predicted variable ; a = slope / gradient
b = predictor / independent variable ; c = intercept
From the result obtained from the calculator :
y = -0.01246X + 74.65552
Correlation Coefficient is used to measure the strength of relationship between linear variables.
The regression Coefficient obtained is - 0.20
This shows that there is a weak negative correlation between the age at auction and the price at which painting is sold. This is because the negative sign means that value of y decreases as x increases or vice versa, however, due to a correlation vale which is closer to 0 than 1 or - 1, we can conclude that the negative relationship between the variables is weak.
As there are multiple answers going with trial and error seems good in this case.
A
5.00 + 5.00 + 5.00 + 5.00 = 20.00
3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 = 31.5
20.00 + 31.5 = 51.5
B
5.00 + 5.00 + 5.00 + 5.00 = 20.00
3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 = 35.00
20.00 + 35.00 = 55.00
C
5.00 + 5.00 + 5.00 = 15.00
3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 + 3.50 = 31.5
15.00 + 31.5 =46.5
Knowing that for the first one all A,B, and C were wrong we can determine that D is the answer. But wait if I made one mistake and didn't understand if $156.5 is equivalent to $156.50 that would mean A is correct.
Always recheck your answers and good luck,
Jon
Correct me if I’m wrong but I believe it to b
Y intercept = 7/-2 or -3.5
Answer: Institutional Review Board
