Mathematics, 19.05.2021 18:20, lsizzle59
A county real estate appraiser wants to develop a statistical model to predict the appraised value of houses in a section of the county called East Meadow. One of the many variables thought to be an important predictor of appraised value is the number of rooms in the house. Consequently, the appraiser decided to fit the simple linear regression model:
E(y) = β0 + β1x,
where y = appraised value of the house (in thousands of dollars) and x = number of rooms. Using data collected for a sample of n = 74 houses in East Meadow, the following results were obtained:
= 74.80 + 19.84 x
Give a practical interpretation of the estimate of the slope of the least squares line.
For a house with 0 rooms, we estimate the appraised value to be $74,800.
For each additional room in the house, we estimate the appraised value to increase $74,800.
For each additional room in the house, we estimate the appraised value to increase $19,840.
For each additional dollar of appraised value, we estimate the number of rooms in the house to increase by 19.84.
Answers: 2
Mathematics, 21.06.2019 22:00, reyrey216
Asystem of linear equations with more equations than unknowns is sometimes called an overdetermined system. can such a system be consistent? illustrate your answer with a specific system of three equations in two unknowns. choose the correct answer below. a. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 6 b. no, overdetermined systems cannot be consistent because there are fewer free variables than equations. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 12 c. yes, overdetermined systems can be consistent. for example, the system of equations below is consistent because it has the solution nothing. (type an ordered pair.) x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 8 d. no, overdetermined systems cannot be consistent because there are no free variables. for example, the system of equations below has no solution. x 1 equals 2 comma x 2 equals 4 comma x 1 plus x 2 equals 24
Answers: 3
Mathematics, 22.06.2019 01:20, allenlitterell
32a³b² 8ab² simplify the following expression.
Answers: 1
Mathematics, 22.06.2019 02:00, ggdvj9gggsc
The base of a pyramid is a square with 5 lines of 5cm the slant height of each lateral face of the pyramid is 6 cm what is the surface area of the pyramid
Answers: 3
A county real estate appraiser wants to develop a statistical model to predict the appraised value o...
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