Question

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 135 and a y-intercept of - 388.

What is the equation of the regression line?
 

Expert Answer

Want to see the step-by-step answer?

See Answer

Check out a sample Q&A here.

Want to see this answer and more?

Step-by-step answers are written by subject experts who are available 24/7. Questions are typically answered in as fast as 30 minutes.*

See Answer
*Response times vary by subject and question complexity. Median response time is 34 minutes and may be longer for new subjects.
Tagged in

Related Statistics Q&A

Find answers to questions asked by student like you
Show more Q&A

Q: Listed below are the amounts of mercury​ (in parts per​ million, or​ ppm) found in tuna sushi sample...

A: In this question, we have the data of amount of mercury in tuna sushi stores using the data we have ...

Q: We use the form  ŷ = a + bx  for the least-squares line. In some computer printouts, the least-squar...

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,...

Q: One major assumption with independent t tests is called “homogeneity of variances.” Describe this as...

A: Independent Two Samples t-test:Suppose there are two populations independent of one another. A resea...

Q: a. Which of the six correlations above are statistically significant (i) if you test each correlatio...

A: We have been given alpha  = 0.05 which implies that the probability of inferring that there is a cor...

Q: Do heavier cars really use more gasoline? Suppose a car is chosen at random. Let x be the weight of ...

A: Hi, since the problem posted by you contains multiple sub-parts, we are answering the first three su...

Q: See attachment for question.

A: Given information:Here, it is given that Xi is a random variable.The probabilities of a random varia...

Q: Comparing the bacterial effects of antibacterial and non-antibacterial soap would be (sample n=3) A)...

A: Explanation:In order to compare the bacterial effects of an antibacterial soap with that of a non-an...

Q: Suppose that young adults own an average of three pairs of jeans. Survey eight people from your clas...

A: Hello there! there are more than three subparts in the question. According to our policies we cannot...

Q: Use one of the following key terms to answer each of the following questions. KEY TERM BANK (separa...

A: Unvariate Analysis : When the analysis of data has only one variable in such cases we use Univariate...