Answer:
(A) Interpretation is below
(B) The slope in the new units is now 60.45
The intercept in the new units is 38.634
(C) yes
(D) yes
Step-by-step explanation:
(A) The intercept here is 47. This means that the minimum response or payment is 47 (thousand dollars).
The slope is 650. This means that the change in Y due to a change in X is 650. In other words, if there is a change of 1(thousand square feet), there will be a resulting increase of 650(thousand dollars). It will result in an increase instead of decrease because the slope is positive or bearing a + sign.
(B) The new units are EUROS and SQUARE METRES.
$1 = €0.822
1s.f. = 0.093s.m.
The new fitted line would be:
0.822Y = 47(0.822) + (0.093)(650)X
0.822Y = 38.634 + 60.45X
The slope in the new units is 60.45 and the intercept on the y-axis is 38.634.
<span>If Priya makes 20% more than James and Siobhan makes 15% less than Priya, then it follows that Priya makes 85% of 120% of James' hourly wage. Which is to say that Siobhan makes 85% of $9.60 per hour. Since 85% of $9.60 is $8.16, this means that Siobhan makes $8.16 an hour.</span>
If the value of y= 7
then next eqn is y= 2x + 1
substitute the value of y
7= 2x+1
7-1=2x
6=2x
6/2=x
3=x
Answer:
2/16 reducing fraction is 1/8