b. What does the symbol y represent? OA. The symbol y represents the predicted value of price. OB. The symbol y represents the expected price when the hotel's rating is 0. OC. The symbol y represents the amount that price increases with a 1-point increase in rating. OD. The symbol y represents the average price of hotels in the area. Copyright © 2022 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy Permissions Cont 18 24) a hp Next N 89°F 6
b. What does the symbol y represent? OA. The symbol y represents the predicted value of price. OB. The symbol y represents the expected price when the hotel's rating is 0. OC. The symbol y represents the amount that price increases with a 1-point increase in rating. OD. The symbol y represents the average price of hotels in the area. Copyright © 2022 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy Permissions Cont 18 24) a hp Next N 89°F 6
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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Transcribed Image Text:1
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b. What does the symbol y represent?
Copyright ©2022 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy Permissions Contact
OA. The symbol y represents the predicted value of price.
OB. The symbol y represents the expected price when the hotel's rating is 0.
OC. The symbol y represents the amount that price increases with a 1-point increase in rating.
OD. The symbol y represents the average price of hotels in the area.
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Transcribed Image Text:4
Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using
technology, with x representing the ratings and y representing price, we find that the regression equation has a slope
of 120 and a y-intercept of -375. Complete parts (a) and (b) below.
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a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to
complete your choice.
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Copyright © 2022 Pearson Education Inc. All rights reserved. Terms of Use | Privacy Policy Permissions
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b. What does the symbol y represent?
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