Solve B, C, & D. (Answers shoes for b and c may be wrong) other pictures include

Question

Solve B, C, & D. (Answers shoes for b and c may be wrong) other pictures included for data. click the icon to view the simple linear regression printout A. The yintercept is the predicted amount pledged by someone with net of $0. a worth B. The y intercept is the predicted net worth of someone who pledges $0. C. They y-intercept is the average amount pledged. D. The y intercept cannot be interpreted practically because the value x is outside the range of sample data lf possible, give a practical interpretation of the estimate of p1.lfno practical interpretation is possible, explain why. A. The slope is the amount that the amount pledged is predicted to increase (or decrease) for each unit increase in net worth B. The slope is the average net worth C The slope is the amount that the net worth is predicted to increase (or decrease) for each unit increase in amount pledged The slope cannot be interpreted practically because the value y 0 is outside the range of sample data. Question is complete Tap on the red indicators to see incorrect answers All parts showing

Explanation / Answer

B) bo^ = 732.4623 {coeffeicient of intercept)

b1^ = 0.0742

c) y-intercepis is interpreted as y = bo when x =0

here x is pledged , y is net worth

so

option B) is correct

predicted net worth of someone who pledges 0

d) b1^ is change in y ,if we change x by 1 unit

that is slope that ys changed when  change in x by 1 unit

here x is pledged , y is net worth

hence option C) is correct

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.