anice is considering buying a new home. She wants to estimate the monthly utilities (heating and air conditioning). She figures that the utilities are dependent on the size (square footage) of the home. She collects data on 10 homes in the neighborhood and finds a linear model to give the relationship between the size of the home and the monthly utilities. The equation of the line is ŷ = –8.1 + 1.91x, where ŷ is the mean monthly cost in utilities and x is the square footage of the home. The residual plot is shown. Based on the residual plot, is the linear model appropriate? No, there is no clear pattern in the residual plot. Yes, there is no clear pattern in the residual plot. No, there are no homes between 2,300 and 2,900 square feet. Yes, half of the residuals are positive and half are negative.
anice is considering buying a new home. She wants to estimate the monthly utilities (heating and air conditioning). She figures that the utilities are dependent on the size (square footage) of the home. She collects data on 10 homes in the neighborhood and finds a linear model to give the relationship between the size of the home and the monthly utilities. The equation of the line is ŷ = –8.1 + 1.91x, where ŷ is the mean monthly cost in utilities and x is the square footage of the home. The residual plot is shown. Based on the residual plot, is the linear model appropriate? No, there is no clear pattern in the residual plot. Yes, there is no clear pattern in the residual plot. No, there are no homes between 2,300 and 2,900 square feet. Yes, half of the residuals are positive and half are negative.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.5: Properties Of Logarithms
Problem 35E
Related questions
Question
Janice is considering buying a new home. She wants to estimate the monthly utilities (heating and air conditioning). She figures that the utilities are dependent on the size (square footage) of the home. She collects data on 10 homes in the neighborhood and finds a linear model to give the relationship between the size of the home and the monthly utilities. The equation of the line is ŷ = –8.1 + 1.91x, where ŷ is the mean monthly cost in utilities and x is the square footage of the home. The residual plot is shown.
Based on the residual plot, is the linear model appropriate?
No, there is no clear pattern in the residual plot.
Yes, there is no clear pattern in the residual plot.
No, there are no homes between 2,300 and 2,900 square feet.
Yes, half of the residuals are positive and half are negative.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University