Suppose you wish to see if there is a relationship between the price (units=$1000) and the rating (units=10 points) of laptop compute A regression analysis on 12 computers revealed Ex¡ = 16.20, Exi= 24.12, Eyj = 90.00, Ey;= 684,40, and Exy 125.70. What is the interpretation of B1? O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $446.8085. O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.8667 points. Oc. For an increase of $1000 in price, the mean Consumer Report rating increases by 18.6667 points. O d. None of the answers is correct O e. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $186.6667.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
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Chapter4: Exponential Functions
Section4.4: Modeling Nearly Exponential Data
Problem 4E: Special Rounding Instructions For this exercise set, round all regression parameters to three...
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ionship between the price (units=$1000) and the rating (units=10 points) of laptop computers tested by Consumer Reports.
vealed Exj = 16.20, Ex?; = 24.12, Eyj = 90.00, Ey2; = 684.40, and Exiy; = 125.70.
onsumer Report rating, the mean price of a laptop increases by $446.8085.
e mean Consumer Report rating increases by 1.8667 points.
e mean Consumer Report rating increases by 18.6667 points.
onsumer Report rating, the mean price of a laptop increases by $186.6667.
elected employees, the relationship between the employee's annual number of unauthorized work absences (in days)
between home and work (in 10s of miles). The regression analysis showed n = 16, SSXX = 26.92, SSyy = 104.00, and SSxy =
Save All Answer
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Transcribed Image Text:ionship between the price (units=$1000) and the rating (units=10 points) of laptop computers tested by Consumer Reports. vealed Exj = 16.20, Ex?; = 24.12, Eyj = 90.00, Ey2; = 684.40, and Exiy; = 125.70. onsumer Report rating, the mean price of a laptop increases by $446.8085. e mean Consumer Report rating increases by 1.8667 points. e mean Consumer Report rating increases by 18.6667 points. onsumer Report rating, the mean price of a laptop increases by $186.6667. elected employees, the relationship between the employee's annual number of unauthorized work absences (in days) between home and work (in 10s of miles). The regression analysis showed n = 16, SSXX = 26.92, SSyy = 104.00, and SSxy = Save All Answer ek Save All Answers to save all answers. MacBook Air 000 000 F4 * FS F7 F8 888 % & 5 7 9.
QUESTION 4
Suppose you wish to see if there is a relationship between the price (units=$1000) and the rating (units=10 points) of laptop computers
A regression analysis on 12 computers revealed Exj = 16.20, Ex²¡ = 24.12, Ey¡ = 90.00, Ey²;= 684.40, and Exiyj = 125.70.
What is the interpretation of ß1?
O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $446.8085.
O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.8667 points.
Oc. For an increase of $1000 in price, the mean Consumer Report rating increases by 18.6667 points.
O d. None of the answers is correct
O e. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $186.6667.
QUESTION 5
A hospital analyzed, for several randomly selected employees, the relationship between the employee's annual number of unauthorize
and the distance the employee must travel between home and work (in 10s of miles). The regression analysis showed n = 16, SSxx = 26
-50.40.
Click Save and Submit to save and submit. Click Save All Ansuers to save all answers.
MacBook Air
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Transcribed Image Text:QUESTION 4 Suppose you wish to see if there is a relationship between the price (units=$1000) and the rating (units=10 points) of laptop computers A regression analysis on 12 computers revealed Exj = 16.20, Ex²¡ = 24.12, Ey¡ = 90.00, Ey²;= 684.40, and Exiyj = 125.70. What is the interpretation of ß1? O a. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $446.8085. O b. For an increase of $1000 in price, the mean Consumer Report rating increases by 1.8667 points. Oc. For an increase of $1000 in price, the mean Consumer Report rating increases by 18.6667 points. O d. None of the answers is correct O e. For an increase of 10 points in the Consumer Report rating, the mean price of a laptop increases by $186.6667. QUESTION 5 A hospital analyzed, for several randomly selected employees, the relationship between the employee's annual number of unauthorize and the distance the employee must travel between home and work (in 10s of miles). The regression analysis showed n = 16, SSxx = 26 -50.40. Click Save and Submit to save and submit. Click Save All Ansuers to save all answers. MacBook Air 000 a00 F4 F3 F2 & # $ % 5 2 3 T Y W E
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