Mathematics, 11.03.2021 18:30 ajanae97
A clothing company is interested in the relationship between the number of sales per month for its employees (y) and price. Based on the collected data, the least-squares regression line is ŷ = 9.74 + 4.89x, where x is the number of dollars by which price exceeds $25. Which of the following statements best describes the meaning of the slope of the least-squares regression line?
Question 3 options:
1)
For each increase in price of $1, the estimated number of sales per month increases by 4.89.
2)
For each increase in price of $1, the estimated number of sales per month increases by 9.74.
3)
For each increase of one sale per month, there is an estimated increase in price of $4.89.
4)
For each increase of one sale per month, there is an estimated increase in price of $9.74.
5)
The slope has no meaning because the units of measure for x and y are not the same.
Answers: 1
Mathematics, 21.06.2019 16:40, shikiaanthony
You have 3 boxes, one "strawberries"; one "mentos" and one "mixed".but you know that all the labels are in incorrect order .how do you know witch is witch?
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Mathematics, 21.06.2019 20:00, michelle5642b
Find all solutions for 2y - 4x =2 y = 2x + 1 site: socratic. org
Answers: 1
A clothing company is interested in the relationship between the number of sales per month for its e...
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