Suppose you do a simple regression were you predict the number of sales of cold drinks ( y ) using the variable temperature in degrees Celsius ( x ) Also Suppose you obtain the regression output below coefficient standard error intercept 100 10 temperature 3 1 So the regression equation is y=100+3x What is the equation of the regression line Select one: a. number of sales=-100+2price-3temperature b. None of the choices are correct c. number of sales=100+3temperature d. Intercept=100-2price+3temperature e. 100+3= 103
Suppose you do a simple regression were you predict the number of sales of cold drinks ( y ) using the variable temperature in degrees Celsius ( x ) Also Suppose you obtain the regression output below coefficient standard error intercept 100 10 temperature 3 1 So the regression equation is y=100+3x What is the equation of the regression line Select one: a. number of sales=-100+2price-3temperature b. None of the choices are correct c. number of sales=100+3temperature d. Intercept=100-2price+3temperature e. 100+3= 103
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 18T
Related questions
Question
Suppose you do a simple regression were you predict the number of sales of
cold drinks ( y )
using the variable temperature in degrees Celsius ( x )
Also Suppose you obtain the regression output below
|
coefficient |
standard error |
intercept |
100 |
10 |
temperature |
3 |
1 |
So the regression equation is y=100+3x
What is the equation of the regression line
Select one:
a.
number of sales=-100+2price-3temperature
b.
None of the choices are correct
c.
number of sales=100+3temperature
d.
Intercept=100-2price+3temperature
e.
100+3= 103
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