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:
A = 14 mm²
Step-by-step explanation:
The area (A) of a triangle is calculated as
A = 
bh ( b is the base and h the height )
Here b = 14 and h = 2 , then
A = × 14 × 2 = 7 × 2 = 14 mm²
The payment with a 6% sales tax is $461.10
Answer:
1/40
Step-by-step explanation:
You have to find the amount of distance they traveled since the start of the journey. 3/5 + 3/8 is 39/40. How did we get that, you may ask?
We need to find a number that both 5 and 8 have to make. That can be 40. But how we made 5 and 8 40, we need to do the same to the top numbers. So 39/40 when we add them up. Finally, we need to substract that from the whole, and this gets you 1/40. Hope this helps.
Have a wonderful day, my friend.
Answer:
Step-by-step explanation:
we know that
<u><em>Combinations</em></u> are a way to calculate the total outcomes of an event where order of the outcomes does not matter.
To calculate combinations, we will use the formula
where
n represents the total number of items
r represents the number of items being chosen at a time.
In this problem
substitute
simplify
