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- According to Exhibit A-5, what is the relationship between the price per pizza and the quantity of pizzas purchased? a. Direct b. Inverse c. Complex d. IndependentYou are buying boxes of donuts at a bakery. Each box of donuts costs $10. Which of the following statements are true? Choose all answers that apply: Group of answer choices A. The dependent variable is the number of boxes of donuts you buy. B. The independent variable is the number of boxes of donuts you buy. C. The dependent variable is the amount of money you spend on the donuts. D. The independent variable is the amount of money you spend on the donuts.If a change in variable X causes a change in variable Y, variable Xis called the Select one: a. independent variable b. dependent variable c. explanatory variable d. B and C
- here is a negative relationship between two variables if: they move in opposite directions. they move in the same direction. one variable changes and the other does not. neither variable moves.What is the variable that adjusts the effect of the independent variable on the dependent variable (one word)What is the dependent variable and which is the independent variable?
- (A) Phoenix Lumber Company uses the number of construction permits issued to help estimate demand (sales). The firm collected the following data on annual sales and number of construction permits issued in its market area: No. of Construction Sales Year Permits Issued (000) (1,000,000) 2003 6.50 10.30 2004 6.20 10.10 2005 6.60 10.50 2006 7.30 10.80 2007 7.80 11.20 2008 8.20 11.40 2009 8.30 11.30 (a) Which variable is the dependent variable and which is the independent variable? (b) Determine the estimated regression line. (c) Calculate the coefficient of determination. Give an economic interpretation to the value obtained. (d) Suppose that 8,000 construction permits are expected to be issued in 2010. What would be the point estimate of Phoenix Lumber Company's sales for 2010? Q 3. (B) Following output for the multiple regression problem shows…Construct a table from the data shown. Which is the dependent variable and which is the independent variable? Summarize the data in equation form.Please show how to do b) and c). Quantity beef consumed is the dependent variable. Each of the others are the independent variables
- Colton is trying to figure out when two buses traveling at different speeds will pass one another. The buses are traveling in the same direction and begin 3 miles apart. He has defined variable tt as follows: Let tt represent the time in hours. Is this a good variable definition? YES OR NO ? IF NO than explain why?Given the functional relationship: y = 14x5/x2 find the value of y when x = 1.5The variable shown on the vertical axis is _________ . The units for the variable on the horizontal axis are __________ . There are two ways to view the information presented on the graph. First, the graph tells us the amount a person with a certain income is likely to spend on a car, and second, it tells us the probable income of a person who spent a certain amount on a car. For example, if an individual earned $40,000 last year and purchased a new car, you would expect that person to have paid about _________ for the car. Similarly, if someone just paid $25,000 for a car, you could use this graph to estimate that this person's income was probably around __________ .