The correlation between a family's weekly income and the amount they spend on restaurant meals is found to ber = 0.30. Which must be true? . I. The equation used to describe the correlation between income and money spent on restaurant meals only explains about 9% of the variation in the data. . II. In general, the lower the income, the more the family spends in restaurants. . III. The line of best fit passes through 30% of the (income, restaurant$) data point O I. Only O I, II, and II II. Only O I. and II. Only O III. Only

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
icon
Related questions
Question
The correlation between a family's weekly
income and the amount they spend on
restaurant meals is found to ber = 0.30. Which
must be true?
I. The equation used to describe the
correlation between income and money
spent on restaurant meals only explains
about 9% of the variation in the data.
- II. In general, the lower the income, the
more the family spends in restaurants.
. II. The line of best fit passes through 30%
of the (income, restaurant$) data point
O I. Only
O I, II, and III
O II. Only
O I. and II. Only
O II. Only
Transcribed Image Text:The correlation between a family's weekly income and the amount they spend on restaurant meals is found to ber = 0.30. Which must be true? I. The equation used to describe the correlation between income and money spent on restaurant meals only explains about 9% of the variation in the data. - II. In general, the lower the income, the more the family spends in restaurants. . II. The line of best fit passes through 30% of the (income, restaurant$) data point O I. Only O I, II, and III O II. Only O I. and II. Only O II. Only
Expert Solution
Step 1

Given that 

The correlation between income and money spend on restaurant meals is found to be 

r=0.30

We have to find which statement is true....

trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning