In constructing the regression equation for predicting electricity bills (BILLS) from number of people in an area (AREA), it was calculated that the slope is 57.35 and it was known that the mean BIILL is PhP 1,327.21 and the mean NUMBER is 6.31. What is the value of the intercept? O None of the Choices O PhP 768.08 O PhP 965.33 O PhP 611.10 O PhP 884.55
In constructing the regression equation for predicting electricity bills (BILLS) from number of people in an area (AREA), it was calculated that the slope is 57.35 and it was known that the mean BIILL is PhP 1,327.21 and the mean NUMBER is 6.31. What is the value of the intercept? O None of the Choices O PhP 768.08 O PhP 965.33 O PhP 611.10 O PhP 884.55
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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