Business, 07.05.2021 17:50, jennnifercrd59jc

The following simple linear regression analyzes the relationship between the number of classes students are taking (the independent variable, labeled in the following output as XI,2]) and the number of books they have in their backpack (the response) at randomly chosen times. Assume all relevant assumptions are met. Which of the following are correct interpretations of the slope? Coefficients: Flag question Estimate Std. Error t value PrIt) Intercept) 1.96492 0.59949 3.278 0.00224 x, 2] 0.58693 0.08615 6. 813 4.41e-08 Select one: a. Each additional class a student takes is associated with about a 58.7% increase in the number of books in their backpack on average.
b. Each additional class a student takes is associated with about an additional 0.587 books in their backpack on average
c. Taking an additional class causes students to carry 0.587 extra books with them on average.
d. The population average number of books in a student's backpack is 0.587

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:20, nonjabulomabaso7423

For a multistate lottery, the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities. complete parts (a) through (c) below. x (cash prize, $) p(x) grand prizegrand prize 0.000000008860.00000000886 200,000 0.000000390.00000039 10,000 0.0000016950.000001695 100 0.0001582930.000158293 7 0.0039114060.003911406 4 0.0080465690.008046569 3 0.012865710.01286571 0 0.975015928140.97501592814 (a) if the grand prize is $13 comma 000 comma 00013,000,000, find and interpret the expected cash prize. if a ticket costs $1, what is your expected profit from one ticket? the expected cash prize is $nothing.

Answers: 3

continue

Business, 22.06.2019 12:30, cuppykittyy

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Answers: 2

continue

Business, 22.06.2019 21:40, mackenziemelton26

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.

Answers: 3

continue

Business, 22.06.2019 21:50, reggiegilbert1995

Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.

Answers: 2

continue

Do you know the correct answer?

The following simple linear regression analyzes the relationship between the number of classes stude...