Abby Kratz, a market specialist at the market research firm of Saez, Sikes, and Spitz, is analyzing household budget data collected by her firm.Abby's dependent variable is monthly household expenditures on groceries (in $'s) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables.
Abby's regression model is __________.
A)
Abby's regression model is __________.
A) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 39.15 + 2.79x
B) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00= 39.15 - 1.79x
C) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 1.79 + 39.15x
D) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = -1.79 + 39.15x
E) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 39.15 + 1.79xs) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables. \begin{array}{|c|c|c|c|c|} \hline \text { Source } & \text { df } & \text { SS } & \text { MS } & F \\ \hline \text { Regresssumm } & 1 & 7685099 & 1685099 & 19.3444 \\ \hline \text { Residual } & 9 & 7839.915 & 871.1017 & \\ \hline \text { Total } & 10 & 24690.91 & & \\ \hline \end{array} \begin{array} { | l | } \hline S _ { \mathrm { d } } = 29.51448 \\ \hline r ^ { 2 } = 0.682478 \\ \hline \end{array} Abby's regression model is __________. A) = 39.15 + 2.79x B) = 39.15 - 1.79x C) = 1.79 + 39.15x D) = -1.79 + 39.15x E) = 39.15 + 1.79x " class="answers-bank-image d-block" rel="preload" > = 39.15 + 2.79x
B) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00= 39.15 - 1.79x
C) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 1.79 + 39.15x
D) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = -1.79 + 39.15x
E) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 39.15 + 1.79xs) , and her independent variable is annual household income (in $1,000's) .Regression analysis of the data yielded the following tables. \begin{array}{|c|c|c|c|c|} \hline \text { Source } & \text { df } & \text { SS } & \text { MS } & F \\ \hline \text { Regresssumm } & 1 & 7685099 & 1685099 & 19.3444 \\ \hline \text { Residual } & 9 & 7839.915 & 871.1017 & \\ \hline \text { Total } & 10 & 24690.91 & & \\ \hline \end{array} \begin{array} { | l | } \hline S _ { \mathrm { d } } = 29.51448 \\ \hline r ^ { 2 } = 0.682478 \\ \hline \end{array} Abby's regression model is __________. A) = 39.15 + 2.79x B) = 39.15 - 1.79x C) = 1.79 + 39.15x D) = -1.79 + 39.15x E) = 39.15 + 1.79x " class="answers-bank-image d-block" rel="preload" >
Abby's regression model is __________.
A) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 39.15 + 2.79x
B) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00= 39.15 - 1.79x
C) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 1.79 + 39.15x
D) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = -1.79 + 39.15x
E) 11efcd22_8a09_b9c8_b057_7d6699c46fc2_TB7041_00 = 39.15 + 1.79x
Correct Answer:
Verified
Q94: Louis Katz, a cost accountant at
Q95: The equation of the trend line for
Q96: The equation of the trend line for
Q97: Louis Katz, a cost accountant at
Q98: Louis Katz, a cost accountant at
Q100: A manager wants to predict the cost
Q101: Annie Mikhail, market analyst for a
Q102: Annie Mikhail, market analyst for a
Q103: Suppose you compute the correlation coefficient between
Q104: A simple regression model for 10 pair
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents