This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A random sample of 30 couples who were also new home owners were asked to report the cost of their ... (Read 52 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Apr 14, 2020
A random sample of 30 couples who were also new home owners were asked to report the cost of their first house and their combined age when they married. The output of a regression analysis for predicting home cost from combined age is shown. Assume that the conditions of the linear regression model are satisfied.


What is the slope of the regression line? Choose the statement that is the correct interpretation of the slope in context.
◦ The slope is 2122.75. On average, for each additional $2,122.75 in home cost, the combined age is about 1 year higher, in the sample.
◦ The slope is 2122.75. On average, for each additional year in combined age, home cost is about $2,122.75 higher, in the sample.
◦ The slope is 73.74. On average, for couples with a combined age over 73.74, the home cost is an additional $2,122.75 per year over 73.74.
◦ The slope is 73.74. On average, for each additional year in combined age, the home cost is about $2,122.75 higher, in the sample.
Introductory Statistics: Exploring the World Through Data ¦ Gould, Ryan ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by panfilo on Apr 14, 2020

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #1 on: Apr 14, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


panfilo

  • Member
  • Posts: 572
Reply 2 on: Apr 14, 2020
Great answer, keep it coming :)

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Sample Exercise Prescription for Weight Training: Advanced Sample Exercise Prescription for Weight Training: Advanced
Example of a day sheet report. Example of a day sheet report.
Sample prescriptions of drugs for oral fungal infections. Sample prescriptions of drugs for oral fungal infections.
Determine the mass percent of Fe3+ in a 0.546g sample of iron ore, if 22.40 mL of a 0.1000 M ... Determine the mass percent of Fe3+ in a 0.546g sample of iron ore, if 22.40 mL of a 0.1000 M ...
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
home work question home work question
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library