Answer:
a. 
b. The symbol y-bar represents the average price of hotels in the area
Step-by-step explanation:
a. The regression line equation is given by:
Where Alpha represents the slope, Beta represents the intercept with the Y axis, and epsilon represents the random component of the model. Thus,
y 
Obtaining:
.
b. In a simple linear regression model the value of y-bar represents the average of all values of y observed. Thus, since y represents the prices of the hotels, then y-bar is the average price of hotels in the area.
The graph reflecting the mathematical equation f(x) = 5*2^x is attached on this answer. Graph shows the exponential manner with the y-intercept is at y = 5. we can plot this graph by substituting points of x from a certain range (positive and negative) and get their corresponding y's
Answer:
19. 1 do 4^5 which is 1024 then do 1024^0 which is 1
21. 0.000064 do 5^-2 which is 0.04 then do 0.04^3 which is 0.000064
23. 2.33 do 9^4 which is 6561 then do 6561^-2 which is 2.32305731 so you round it to 2.33
btw you should talk to me more
Answer:
Step-by-step explanation:
x=intercept is when the line intersect with the x axis when y=0
6: x intercept (1,0)
y intercept is when the line intersect with y axis at certain point or when x=0
y intercept (0.-24)
22: (8,0) x intercept
(0 , 4) the y-intercept
