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 $3.91 per slice? Year 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 Pizza Cost 0.153 0.347 0.998 1.247 1.751 1.996 2.246 2.298 2.751 2.997 Subway Fare 0.149 0.347 1.001 1.347 1.500 1.996 2.252 2.548 2.753 2.748 CPI 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 Question content area bottom Part 1 The regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.) Part 2 The best predicted subway fare when pizza costs $3.91per slice is $enter your response here. (Round to the nearest cent as needed.)
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 $3.91 per slice? Year 1960 1973 1986 1995 2002 2003 2009 2013 2015 2019 Pizza Cost 0.153 0.347 0.998 1.247 1.751 1.996 2.246 2.298 2.751 2.997 Subway Fare 0.149 0.347 1.001 1.347 1.500 1.996 2.252 2.548 2.753 2.748 CPI 29.6 44.4 109.6 152.4 180.0 184.0 214.5 233.0 237.0 252.2 Question content area bottom Part 1 The regression equation is y=enter your response here+enter your response herex. (Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.) Part 2 The best predicted subway fare when pizza costs $3.91per slice is $enter your response here. (Round to the nearest cent as needed.)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 3TU
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
$3.91
per slice?|
Year
|
1960
|
1973
|
1986
|
1995
|
2002
|
2003
|
2009
|
2013
|
2015
|
2019
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Pizza Cost
|
0.153
|
0.347
|
0.998
|
1.247
|
1.751
|
1.996
|
2.246
|
2.298
|
2.751
|
2.997
|
|
|
Subway Fare
|
0.149
|
0.347
|
1.001
|
1.347
|
1.500
|
1.996
|
2.252
|
2.548
|
2.753
|
2.748
|
|
|
CPI
|
29.6
|
44.4
|
109.6
|
152.4
|
180.0
|
184.0
|
214.5
|
233.0
|
237.0
|
252.2
|
|
Question content area bottom
Part 1
The regression equation is
y=enter your response here+enter your response herex.
(Round the y-intercept to four decimal places as needed. Round the slope to three decimal places as needed.)
Part 2
The best predicted subway fare when pizza costs
$3.91per slice is
$enter your response here.
(Round to the nearest cent as needed.)
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