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ŷ 2.8156 +0.967rating - 0.0084size + 17.538type The estimated average tuition fees a student would pay if he/she wishes to enroll in a private institution with 9280 students and has a rating of 78 is Select one: O a. $96559.1 b. $17827.6 O c. $173731.6 d. $95701.6

ŷ 2.8156 +0.967rating - 0.0084size + 17.538type The estimated average tuition fees a student would pay if he/she wishes to enroll in a private institution with 9280 students and has a rating of 78 is Select one: O a. $96559.1 b. $17827.6 O c. $173731.6 d. $95701.6

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 76E
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A regression model is fitted to determine if there is a relationship between tuition fees(Y, in 000S)and: the rating of the institution; the size of the institution( no. of students, in'000) and type of institution (=0, if public;=1; if or private). The fitted model obtained was ŷ = 2.8156 +0.967rating - 0.0084size + 17.538type The estimated average tuition fees a student would pay if he/she wishes to enroll in a private institution with 9280 students and has a rating of 78 is Select one: a. $96559.1 b. $17827.6 O c. $173731.6 d. $95701.6
Transcribed Image Text:A regression model is fitted to determine if there is a relationship between tuition fees(Y, in 000S)and: the rating of the institution; the size of the institution( no. of students, in'000) and type of institution (=0, if public;=1; if or private). The fitted model obtained was ŷ = 2.8156 +0.967rating - 0.0084size + 17.538type The estimated average tuition fees a student would pay if he/she wishes to enroll in a private institution with 9280 students and has a rating of 78 is Select one: a. $96559.1 b. $17827.6 O c. $173731.6 d. $95701.6
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