1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andreyy89
3 years ago
15

Method of Least Squares, Evaluation of Cost Equation Lassiter Company used the method of least squares to develop a cost equatio

n to predict the cost of moving materials. There were 80 data points for the regression, and the following computer output was generated:
Intercept $17,350
Slope 12.00
Coefficient of correlation 0.92
Standard error $220
The activity driver used was the number of moves.
Required:
1. What is the cost formula?
2. Using the cost formula, predictthe costofmovingmaterialsif340movesaremade.Nowpreparea95 percent con?dence interval forth is prediction.(Round to the nearest dollar.)
3. What percentage of the variability in moving cost is explained by the number of moves? Do you think the equation will predict well? Why or why not?
Mathematics
1 answer:
maksim [4K]3 years ago
3 0

Solution :

1). The cost of the formula is given as :

   $ 19,350 + $12 x

2). 95% \text{confidence interval} for the prediction is :

    $21430 - 1.96 \times 220 < \text{Yf} < 21430+1.96 \times 220$

     $20998.8 < \text{Yf} < 21861.2$

     $20999 < \text{Yf} < 21861$    (rounding off)

3). r = 0.92

Therefore, $r^2 = 0.8464$

That is 84.64 % of the variability in the moving cost is best explained by the number of moves.

You might be interested in
Drag and Drop the correct answer into the boxes below.
scoray [572]

Answer:

the first blank is 100

the second is 80

Step-by-step explanation:

7 0
2 years ago
Axis of sym: x =
marta [7]

Answer:

<h2>SEE BELOW</h2>

Step-by-step explanation:

<h3>to understand this</h3><h3>you need to know about:</h3>
  • quadratic function
  • PEMDAS
<h3>let's solve:</h3>

vertex:(h,k)

therefore

vertex:(-1,4)

axis of symmetry:x=h

therefore

axis of symmetry:x=-1

  • to find the quadratic equation we need to figure out the vertex form of quadratic equation and then simply it to standard form i.e ax²+bx+c=0

vertex form of quadratic equation:

  • y=a(x-h)²+k

therefore

  • y=a(x-(-1))²+4
  • y=a(x+1)²+4

it's to notice that we don't know what a is

therefore we have to figure it out

the graph crosses y-asix at (0,3) coordinates

so,

3=a(0+1)²+4

simplify parentheses:

3 = a(1 {)}^{2}  + 4

simplify exponent:

3 =  a + 4

therefore

a =  - 1

our vertex form of quadratic equation is

  • y=-(x+1)²+4

let's simplify it to standard form

simplify square:

y =  - ( {x}^{2}  + 2x + 1)  + 4

simplify parentheses:

y =  -  {x}^{2}  - 2x - 1 + 4

simplify addition:

y =  -  {x}^{2}  - 2x + 3

therefore our answer is D)y=-x²-2x+3

the domain of the function

x\in \mathbb{R}

and the range of the function is

y\leqslant 4

zeroes of the function:

-  {x}^{2}  - 2x + 3 = 0

\sf divide \: both \: sides \: by \:  - 1

{x}^{2}  + 2x - 3 = 0

\implies \:  {x}^{2} +   3x  - x  +  3 = 0

factor out x and -1 respectively:

\sf \implies \: x(x + 3)   - 1(x  + 3 )= 0

group:

\implies \: (x - 1)(x + 3) = 0

therefore

\begin{cases} x_{1} = 1 \\  x_{2}  =  - 3\end{cases}

4 0
3 years ago
Witch multiples of 24 are not factors of 24
Nataly [62]

Answer:

A factor of 24 is a number that can be multilied by another number (normally whole (not fraction or decimal) numbers) so a factor must be less than the number any multiple of 2 greater than 24 will work so just any even number greater than 24 exg 26,28,30,32,34,36,38,40,42,44,46,48,50,52,54,56,58,60, and so on.

Step-by-step explanation:


8 0
3 years ago
What is an equation of the line that passes through the point 3,-1 and has a slope of 2
vekshin1
An equation that passes through the coordinates (3, -1) and has a slope of 2 would be y=2x-7 because since the slope is positive and is 2/1 the slope rises by 2 and runs 1 to right and eventually passes (3, -1) when it starts at -7 on the y-intercept. Answer: y=2x-7

Hope this helps you and would love brainliest! 
8 0
3 years ago
A rational number between -2/3 and 1/4 is​
Eduardwww [97]

Answer:

-7/12 is the answer of your question

6 0
3 years ago
Read 2 more answers
Other questions:
  • 2.933 expanded form decimals
    13·1 answer
  • 8. The trapezoids are similar. The area of the smaller trapezoid is 131 m2. Find the area of the larger trapezoid to the nearest
    7·1 answer
  • What is the measure of
    9·1 answer
  • If y=32, then 86y+25−78y =
    8·1 answer
  • I have my maths exam in 20 minutes any tips on how to calm my nerves<br> Its a 2 hour exam :/
    6·1 answer
  • Alyssa spent half of her allowance going to the movies. She washed the family car and earned 7 dollars. What is her weekly allow
    9·1 answer
  • Find the surface area of this cylinder.<br>Round to the nearest tenth.<br>​
    13·1 answer
  • Can somebody recommend me some horror, psychological, yandere, and/or thriller anime?
    9·2 answers
  • What is the circumference and area of a circle of 2.1??
    10·1 answer
  • Enter an expression for the perimeter of the given figure. Simplify the expression. 18.2 in.x + 9 in.x + 9 in.x + 9 in.x + 9 in.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!