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Author Question: How would you best explain the y-intercept in this situation? A) For each additional 1-year ... (Read 44 times)

viki

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on: Jun 24, 2018
How would you best explain the y-intercept in this situation?
 
  A) For each additional 1-year increase in the age of the driver, we would expect damage to increase by 10,726.
  B) For each additional 1-year increase in the age of the driver, we would expect damage to increase by 70.
  C) It makes no sense to explain the intercept in this situation, since we cannot have a driver with an age of zero.
  D) The average amount of damage was 10,726.

Question 2

Linear functions of random variables have many applications such as in the case of car dealership sales.
 
  Indicate whether the statement is true or false


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aruss1303

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


viki

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Reply 2 on: Jun 24, 2018
Wow, this really help

scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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