This topic contains a solution. Click here to go to the answer

Author Question: In the previous problem your best estimate of the intercept relating the total earning from the ... (Read 157 times)

tth

  • Hero Member
  • *****
  • Posts: 579
In the previous problem your best estimate of the intercept relating the total earning from the hours worked is
 
  a. -10.
  b. 0.
  c. 10.
  d. We have no idea.

Question 2

Suppose that you sell ice cream from a cart on the street. After you pay the ice cream supplier, the regression line that predicts your ice cream profits from the number of hours you work has a slope of 15. But the man who owns the cart charges you 5 per hour in rent. How much money will you earn per hour?
 
  a. 15
  b. 10
  c. 5
  d. nothing



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scottmt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

B

Answer to Question 2

B





 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library