Answer:
Your answer would be 3,936,655
That would be 0.24(0.4). First, estimate the result: 0.24 is about 1/4, and (1/4)(0.4) is about 0.1.
0.24(0.4) = 0.096 (which agrees with the estimated answer, 0.1).
Answer:
about 700
Step-by-step explanation:
you add 204 + 498=
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.
A statement which does not describe a characteristic of the line of best fit for a scatter plot is that: A. the line of best fit should be the average of all the data points.
<h3>What is a scatter plot?</h3>
A scatter plot can be defined as a type of graph which is used for the graphical representation of the values of two variables, with the resulting points showing any association (correlation) between the data set.
<h3>What is a line of best fit?</h3>
A line of best fit is also referred to as a trend line and it can be defined as a statistical (analytical) tool that is used in conjunction with a scatter plot, in order to determine whether or not there's any correlation between a data.
<h3>The characteristics of a
line of
best fit.</h3>
The statements which describe a characteristic of the line of best fit for a scatter plot include the following:
- The line should be as close to the points as possible.
- The number of points above the line should be equal to the number of points below the line.
- The distance between the points above the line and the line should be relatively equal to the distance between the points below the line and the line.
Read more on scatterplot here: brainly.com/question/6592115
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