Answer:
a)
b) r =-0.932
The % of variation is given by the determination coefficient given by
and on this case
, so then the % of variation explained by the linear model is 86.87%.
Step-by-step explanation:
Assuming the following dataset:
Monthly Sales (Y) Interest Rate (X)
22 9.2
20 7.6
10 10.4
45 5.3
Part a
And we want a linear model on this way y=mx+b, where m represent the slope and b the intercept. In order to find the slope we have this formula:
Where:
With these we can find the sums:
And the slope would be:
Nowe we can find the means for x and y like this:
And we can find the intercept using this:
So the line would be given by:
Part b
For this case we need to calculate the correlation coefficient given by:
So then the correlation coefficient would be r =-0.932
The % of variation is given by the determination coefficient given by
and on this case
, so then the % of variation explained by the linear model is 86.87%.
Yes because when you turn into a decimal it's 7.2
Same girl oh my god it won’t let me ask anymore questions. Not my fault my math teacher gave me 30 questions to ask
Integers are positive and negative whole numbers. Integers between -5 and 3 are -4, -3, -2, -1, 0, 1, 2