Can someone please help me if you know the answer.
1 answer:
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Answer:
Step-by-step explanation:
Hello!
Given the variables
X: daily hotel room rate
Y: amount spent on the entertainment
See second attachment for scatter plot.
The population regression equation is E(Yi)= α + βXi
To estimate the y-intercept and the slope of the regression equation you have to apply the following formulas:
a= Y[bar]-bX[bar]
n= 9; ∑X= 945; ∑X²= 103325; ∑Y= 1134 ∑Y²= 148804; ∑XY= 123307
X[bar]= ∑X/n= 945/9= 105
Y[bar]= ∑Y/n= 1134/9= 126
a= 126 - 1.03*105= 17.49
^Y= 17.49 + 1.03Xi
Slope interpretation: The estimated average amount spent on entertainment increases 1.03 every time the daily hotel room rate increases one unit.
If the room rate for Chicago is $128 (X), to predict the mount spent in entertainment (Y) you have replace it in the estimated regression line:
^Y= 17.49 + 1.03Xi= 17.49 + 1.03*128= 149.33
The expected amount spent on entertainment for Chicago is $149.33
I hope this helps!
Answer:
The base is reducing at a rate of 3.4cm per min.
Step-by-step explanation:
Let The Height of the Triangle, h
Area of the triangle = A
Area of a Triangle,
When
The base is reducing at a rate of 3.4cm per min.
You changed the mixed numeral into a fraction correctly.
Now you need to multiply the fractions.
Multiply the numerators together, and multiply the denominators together.
Now we could multiply out the numerator and denominator, and then we'd need to reduce the fraction, but before we multiply, we see there is a factor of 5 both in the numerator and in the denominator, so we can reduce before we multiply.