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Author Question: In the previous problem your best estimate of the intercept relating the total earning from the ... (Read 149 times)

tth

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on: Jun 20, 2018
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


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scottmt

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Reply #1 on: Jun 20, 2018
Answer to Question 1

B

Answer to Question 2

B


tth

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Reply #2 on: Jun 20, 2018
Thank you!


scottmt

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Reply #3 on: Jun 20, 2018
Happy to help


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