Use the pizza cost and the subway fare in the table below to find the regression equation, letting pizza cost be the predictor (x) variable. (Pizza cost is in dollars per slice, subway fare and CPI are in dollars.) What is the best predicted subway fare when pizza costs $4.01 per slice? Year Pizza Cost Subway Fare CPI 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 0.152 0.354 0.996 1.246 1.754 1.999 2.247 2.299 2.752 3.003 0.148 0.352 0.999 1.350 1.502 1.998 2.247 2.547 2.747 2.748 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 The regression equation is ŷ = + (x. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.)

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
Use the pizza cost and the subway fare in the table below to find the regression equation, letting pizza cost be the predictor (x) variable. (Pizza cost is in dollars per
slice, subway fare and CPI are in dollars.) What is the best predicted subway fare when pizza costs $4.01 per slice?
Year
Pizza Cost
Subway Fare
CPI
1960 1973 1986 1995 2002 2003 2009 2013 2015 2019
0.152 0.354 0.996 1.246 1.754 1.999 2.247 2.299 2.752 3.003
0.148 0.352 0.999 1.350 1.502 1.998 2.247 2.547 2.747 2.748
29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2
The regression equation is ŷ = + (x.
(Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.)
Transcribed Image Text:Use the pizza cost and the subway fare in the table below to find the regression equation, letting pizza cost be the predictor (x) variable. (Pizza cost is in dollars per slice, subway fare and CPI are in dollars.) What is the best predicted subway fare when pizza costs $4.01 per slice? Year Pizza Cost Subway Fare CPI 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 0.152 0.354 0.996 1.246 1.754 1.999 2.247 2.299 2.752 3.003 0.148 0.352 0.999 1.350 1.502 1.998 2.247 2.547 2.747 2.748 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 The regression equation is ŷ = + (x. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage