The money raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is y = 0.939x + 32.835, Find the standard error of estimate s, and interpret the result. 666.9 740.6 776.6 786.2 1026.7 955.9 1223.8 Money raised, x Money spent, y 456.8 449.7 679.9 739,5 763.6 741.9 1006.1 938.4 1171.4 Find the standard error of estimate s, and interpret the result. (Round to three decimal places as needed.) How can the standard error of estimate be interpreted? O A. The standard error of estimate of the money spent for a specific amount of money raised is about s, million dollars. O B. The standard error of estimate of the money raised for a specific amount of money spent is about s, million dollars.

The money raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is y = 0.939x + 32.835, Find the standard error of estimate s, and interpret the result. 666.9 740.6 776.6 786.2 1026.7 955.9 1223.8 Money raised, x Money spent, y 456.8 449.7 679.9 739,5 763.6 741.9 1006.1 938.4 1171.4 Find the standard error of estimate s, and interpret the result. (Round to three decimal places as needed.) How can the standard error of estimate be interpreted? O A. The standard error of estimate of the money spent for a specific amount of money raised is about s, million dollars. O B. The standard error of estimate of the money raised for a specific amount of money spent is about s, million dollars.

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 4GP

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