ELEMENTARY STATISTICS(LL)(FD)
3rd Edition
ISBN: 9781260707458
Author: Navidi
Publisher: MCGRAW-HILL CUSTOM PUBLISHING
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Question
Chapter 13, Problem 7RE
a.
To determine
To find: The least square line for predicting energy consumption
b.
To determine
To find: The
c.
To determine
To find: Whether the income is useful in predicting energy consumption.
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The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage
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The cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen cadets, each bought new two years ago, and each sold used within the past month . For each cadet in the sample, we have listed both the mileage x (in thousands of miles) that the cadet had on its odometer at the time it was sold used and the price y (in thousand dollars) at which the cadet was sold used. The least-squares regression line for these data has equation of y=41.79-0.50x. This line is shown in the scatter plot below.
A) for these data, used selling prices that are greater than the mean of the used selling prices tend fo be paired with mileages that are ___ the mean of the mileages ?
B) according to the regression equation, for an increase of one thousand miles in cadet mileage, there is a corresponding decrease of how many thousand dollars in the used selling price?
Chapter 13 Solutions
ELEMENTARY STATISTICS(LL)(FD)
Ch. 13.1 - Prob. 7ECh. 13.1 - Prob. 8ECh. 13.1 - In Exercises 9 and 10, determine whether the...Ch. 13.1 - Prob. 10ECh. 13.1 - Prob. 11ECh. 13.1 - Prob. 12ECh. 13.1 - Prob. 13ECh. 13.1 - Prob. 14ECh. 13.1 - Prob. 15ECh. 13.1 - Prob. 16E
Ch. 13.1 - Prob. 17ECh. 13.1 - Prob. 18ECh. 13.1 - Prob. 19ECh. 13.1 - Prob. 20ECh. 13.1 - Prob. 21ECh. 13.1 - Prob. 22ECh. 13.1 - Prob. 23ECh. 13.1 - Prob. 24ECh. 13.1 - Prob. 25ECh. 13.1 - Prob. 26ECh. 13.1 - Prob. 27ECh. 13.1 - Prob. 28ECh. 13.1 - Prob. 26aECh. 13.1 - Calculator display: The following TI-84 Plus...Ch. 13.1 - Prob. 28aECh. 13.1 - Prob. 29ECh. 13.1 - Prob. 30ECh. 13.1 - Confidence interval for the conditional mean: In...Ch. 13.2 - Prob. 3ECh. 13.2 - Prob. 4ECh. 13.2 - Prob. 5ECh. 13.2 - Prob. 6ECh. 13.2 - Prob. 7ECh. 13.2 - Prob. 8ECh. 13.2 - Prob. 9ECh. 13.2 - Prob. 10ECh. 13.2 - Prob. 11ECh. 13.2 - Prob. 12ECh. 13.2 - Prob. 13ECh. 13.2 - Prob. 14ECh. 13.2 - Prob. 15ECh. 13.2 - Prob. 16ECh. 13.2 - Prob. 17ECh. 13.2 - Dry up: Use the data in Exercise 26 in Section...Ch. 13.2 - Prob. 19ECh. 13.2 - Prob. 20ECh. 13.2 - Prob. 21ECh. 13.3 - Prob. 7ECh. 13.3 - Prob. 8ECh. 13.3 - Prob. 9ECh. 13.3 - In Exercises 9 and 10, determine whether the...Ch. 13.3 - Prob. 11ECh. 13.3 - Prob. 12ECh. 13.3 - Prob. 13ECh. 13.3 - For the following data set: Construct the multiple...Ch. 13.3 - Engine emissions: In a laboratory test of a new...Ch. 13.3 - Prob. 16ECh. 13.3 - Prob. 17ECh. 13.3 - Prob. 18ECh. 13.3 - Prob. 19ECh. 13.3 - Prob. 20ECh. 13.3 - Prob. 21ECh. 13.3 - Prob. 22ECh. 13.3 - Prob. 23ECh. 13 - A confidence interval for 1 is to be constructed...Ch. 13 - A confidence interval for a mean response and a...Ch. 13 - Prob. 3CQCh. 13 - Prob. 4CQCh. 13 - Prob. 5CQCh. 13 - Prob. 6CQCh. 13 - Construct a 95% confidence interval for 1.Ch. 13 - Prob. 8CQCh. 13 - Prob. 9CQCh. 13 - Prob. 10CQCh. 13 - Prob. 11CQCh. 13 - Prob. 12CQCh. 13 - Prob. 13CQCh. 13 - Prob. 14CQCh. 13 - Prob. 15CQCh. 13 - Prob. 1RECh. 13 - Prob. 2RECh. 13 - Prob. 3RECh. 13 - Prob. 4RECh. 13 - Prob. 5RECh. 13 - Prob. 6RECh. 13 - Prob. 7RECh. 13 - Prob. 8RECh. 13 - Prob. 9RECh. 13 - Prob. 10RECh. 13 - Air pollution: Following are measurements of...Ch. 13 - Icy lakes: Following are data on maximum ice...Ch. 13 - Prob. 13RECh. 13 - Prob. 14RECh. 13 - Prob. 15RECh. 13 - Prob. 1WAICh. 13 - Prob. 2WAICh. 13 - Prob. 1CSCh. 13 - Prob. 2CSCh. 13 - Prob. 3CSCh. 13 - Prob. 4CSCh. 13 - Prob. 5CSCh. 13 - Prob. 6CSCh. 13 - Prob. 7CS
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- The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of fifteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation y = 40.63 - 0.46x . This line is shown in the scatter plot below. Mileage, x(in thousands) Used selling price, y(in thousands of dollars) 23.9 29.5 37.6 22.6 20.8 30.9 23.3 33.1 28.3 26.1 27.3 29.9 27.7 29.8 20.9 30.3 25.8 27.2 34.4 25.9 23.9 27.4 23.8 27.5 23.2 31.4 15.6 34.0 29.4 27.7 Send…arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of fifteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation y=41.52-0.49x. This line is shown in the scatter plot below. Mileage, x (in thousands) 15.7 23.3 27.5 20.7 23.9 23.6 21.1 25.6 26.5 24.2 37.7 22.9 28.0 29.4 34.1 Send data to calculator V Used selling price, y (in thousands of dollars) Send data to Excel 34.5 33.9 29.9 31.2 26.9 27.3 31.4 26.4 30.8 30.3 22.8 30.5 25.9 28.1 25.5 Based on the sample data and the regression line, complete the following. Used selling price (in thousands of dollars) 40+ 35 30- 25-…arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of fifteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation y = 40.86-0.45x. This line is shown in the scatter plot below. Mileage, x (in thousands) 29.7 27.8 26.8 24.2 21.1 23.0 24.3 15.4 37.7 23.6 34.4 27.8 23.5 20.9 259 Used selling price, y (in thousands of dollars) 27.4 29.4 31.2 30.1 31.7 31.7 27.2 34.2 23.4 28.2 26.3 26.5 33.7 30.6 267 Used selling price (in thousands of dollars) 40- 35+ 30- 25- 20 THIS 15 X 20 X X X 30 Mileagex (in thousands) X 35 40arrow_forward
- The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. With the aim of predicting the used selling price from the number of miles driven, we might examine the least-squares regression line, Ŷ=42.39-0.52x. This line is shown in the scatter plot below. (The 2nd picture contains the rest of the data as it would not fit in the first pic and it includes the question as well.)arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation Ŷ=42.80-0.53x. This line is shown in the scatter plot below. (The 2nd picture contains the rest of the data as it would not fit in the first pic and it includes the question as well.)arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. With the aim of predicting the used selling price from the number of miles driven, we might examine the least-squares regression line, y = 41.51-0.49x. This line is shown in the scatter plot below. Mileage, x (in thousands) Used selling price, y (in thousands of dollars) 24.2 27.6 26.9 30.0 28.1 25.5 40+ 20.5 30.4 15.5 34.5 21.1 31.0 24.1 29.8 30- 23.4 28.3 37.8 23.3 27.7 29.5 20- 23.6 33.2 39.3 21.3 23.3 31.3 Mileage (in thousands) 25.7 26.4 34.4 25.4 29.4 28.8 Send data to calculator Send data to Excel Based on the…arrow_forward
- The Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least- squares regression line for these data has equation y=41.49 -0.48x. This line is shown in the scatter plot below. Mileage, x (in thousands) 21.1 28.1 34.3 15.5 27.3 22.6 24.4 27.8 39.2 37.9 25.8 23.7 24.5 23.4 29.7 20.7 Send data to calculator V Used selling price, y (in thousands of dollars) 32.0 26.5 26.0 33.5 30.5 29.9 30.5 30.4 21.5 22.8 26.5 27.8 27.7 34.1 27.8 31.0 Used selling price (in thousands of dollars) Based on the sample data and the regression line, complete the following. 40- 30- FINS (a) For…arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. The least-squares regression line for these data has equation ŷ=42.39-0.52x. This line is shown in the scatter plot below. Mileage, x (in thousands) Used selling price, y (in thousands of dollars) 23.0 37.6 23.7 28.0 38.9 21.6 25.7 27.1 20.9 31.8 20.9 31.2 29.1 27.6 24.2 30.0 28.2 25.9 22.8 31.4 15.4 34.5 23.5 33.2 24.1 27.5 27.7 30.8 26.8 30.5 34.4 25.3 Send data to calculator Send data to Excel Based on the sample data and the regression line, complete the following. Used selling price (in thousands of dollars) 40- +…arrow_forwardThe Cadet is a popular model of sport utility vehicle, known for its relatively high resale value. The bivariate data given below were taken from a sample of sixteen Cadets, each bought new two years ago, and each sold used within the past month. For each Cadet in the sample, we have listed both the mileage x (in thousands of miles) that the Cadet had on its odometer at the time it was sold used and the price y (in thousands of dollars) at which the Cadet was sold used. With the aim of predicting the used selling price from the number of miles driven, we might examine the least-squares regression line, y=42.91-0.54.x. This line is shown in the scatter plot below. Mileage, x (in thousands) 28.3 29.3 34.5 23.4 15.2 27.2 24.3 21.1 37.5 23.8 24.3 21.0 38.9 26.0 28.1 23.0 Used selling price, y (in thousands of dollars) 25.9 27.9 24.9 33.5 33.9 30.8 27.3 31.7 22.5 28.9 29.6 31.4 20.7 26.2 29.9 31.2 Send data to calc... ✔ Send data to Excel Used selling price (in thousands of dollars) 30+ 25-…arrow_forward
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