The regression of price on size of homes in Albuquerque had R2 = 71.4%, as described in Exercise 7. a) What is the correlation between size and price?
b) What would you predict about the price of a home one standard deviation above average in size?
c) What would you predict about the price of a home two standard deviations below average in size?

c

step-by-step explanation:

there is vertical asymptote at x = 2 and x = 0

vertical asymptote occurs at the points where the denominator is 0. so we can say that

x = 2 occurs when there is a factor (x-2) in the denominator, and

x = 0 occurs when there is a factor "x" in the denominator

thus, the denominator of the equation would have "x * (x-2)", this is option c only. that's the correct answer.

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.

is it like a multiple choice? if so then i need the multiple choice so i can get and understanding on what the answers is so that i can explain it to you