subject
Mathematics, 29.01.2021 15:50 genyjoannerubiera

A local tire dealer wants to predict the number of tires sold each month. He believes that the number of tires sold is a linear function of the amount of money invested in advertising. He randomly selects 6 months of data consisting of tire sales (in thousands of tires) and advertising expenditures (in thousands of dollars). Based on the data set with 6 observations, the simple linear regression equation of the least squares line is = 3 + 1 x.= 24= 124= 42= 338= 196 MSE = 4

Required:
Using the sums of the squares given above, determine the 90% confidence interval for the mean value of monthly tire sales when the advertising expenditure is $5000.

a. (3.32 12.68)
b. (3.74 12.26)
c. (6.62 9.38)
d. (6.08 9.92)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:10
The average number of vehicles waiting in line to enter a parking lot can be modeled by the function f left parenthesis x right x squared over 2 left parenthesis 1 minus x right parenthesis endfraction , where x is a number between 0 and 1 known as the traffic intensity. find the rate of change of the number of vehicles waiting with respect to the traffic intensity for the intensities (a) xequals0.3 and (b) xequals0.6.
Answers: 1
question
Mathematics, 21.06.2019 17:30
Using the side-splitter theorem, daniel wrote a proportion for the segment formed by luke segment de. what is ec?
Answers: 3
question
Mathematics, 21.06.2019 18:00
What is an alternate exterior angle
Answers: 1
question
Mathematics, 21.06.2019 18:00
My math teacher told my class to "steal" a 6th grade fraction word problem from the internet, word problems? : -p requirements: only a 1 step word problem. needs to be complex.
Answers: 1
You know the right answer?
A local tire dealer wants to predict the number of tires sold each month. He believes that the numbe...
Questions
question
Mathematics, 27.06.2019 12:00
Questions on the website: 13722360