subject
Mathematics, 27.06.2020 01:01 PluggedIn

An automobile dealer wants to see if there is a relationship between monthly sales and the interest rate. A random sample of 4 months was taken. The results of the sample are presented below. The estimated least squares regression equation is: Y X Monthly Sales Interest Rate (In Percent) 22 9.2 20 7.6 10 10.4 45 5.3 a. Obtain a measure of how well the estimated regression line fits the data. b. You want to test to see if there is a significant relationship between the interest rate and monthly sales at the 1% level of significance. State the null and alternative hypotheses. c. At 99% confidence, test the hypotheses using a t-test. d. Predict the value of monthly sales when interest rate is 10%. e. When interest rate increases 5%, how will y change?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
Question 1 (50 points) your friend, taylor, missed class today and needs some identifying solutions to systems. explain to taylor how to find the solution(s) of any system using its graph. question 2 (50 points) taylor graphs the system below on her graphing calculator and decides that f(x)=g(x) at x=0, x=1, and x=3. provide taylor some feedback that explains which part of her answer is incorrect and why it is incorrect. f(x)=2x+1g(x)=2x2+1
Answers: 1
question
Mathematics, 21.06.2019 20:20
Select the correct answer from each drop-down menu. the length of a rectangle is 5 inches more than its width. the area of the rectangle is 50 square inches. the quadratic equation that represents this situation is the length of the rectangle is inches.
Answers: 1
question
Mathematics, 21.06.2019 20:30
If there is 20 dogs in the shelter and 5 dogs get homes, and then 43 more dogs come. how many dogs are there in the shelter?
Answers: 1
question
Mathematics, 21.06.2019 21:00
Select the two pairs of figures that are similar.
Answers: 1
You know the right answer?
An automobile dealer wants to see if there is a relationship between monthly sales and the interest...
Questions
question
Mathematics, 08.04.2021 22:40
question
Mathematics, 08.04.2021 22:40
Questions on the website: 13722363