ChThe following results were obtained from a Linear Regression Analysis. Predicted Miles = 37.2895 - 1.2024 (# Minutes); SE(standard error for the model) = 0.2934 and r2 = 0.6744For each additional minute, what is the estimated change in the predicted miles?%3D%3Dpped3.

Answered: Image /qna-images/answer/3185ef27-6af4-4773-9330-7541d0e669bf.jpg

Answered: The following results were obtained…

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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For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year. Determine whether the trend appears linear. If so, and assuming the trend continues, find a linear regression model to predict the percent of unemployed in a given year to three decimal places.
For the following exercises, consider this scenario: The profit of a company decreased steadily overa ten-year spam.The following ordered pairs shows dollars and the number of units sold in hundreds and the profit in thousands ofover the ten-year span, (number of units sold, profit) for specific recorded years: (46,600),(48,550),(50,505),(52,540),(54,495). Use linear regression to determine a function Pwhere the profit in thousands of dollars depends onthe number of units sold in hundreds.
Life Expectancy The following table shows the average life expectancy, in years, of a child born in the given year42 Life expectancy 2005 77.6 2007 78.1 2009 78.5 2011 78.7 2013 78.8 a. Find the equation of the regression line, and explain the meaning of its slope. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 2019? e. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 1580?2300
For the following exercises, consider the data in Table 5, which shows the percent of unemployed in a city of people 25 years or older who are college graduates is given below, by year. 38. Determine whether the trend appears to be linear.If so, and assuming the trend continues, find alinear regression model to predict the percent of unemployed in a given year to three decimal places.

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The following results were obtained from a Linear Regression Analysis. Predicted Miles = 37.2895 - 1.2024 (# Minutes); SE (standard error for the model) = 0.2934 and r2 = 0.6744 For each additional minute, what is the estimated change in the predicted miles?