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Author Question: Data were recorded for 117 months on a household's gas bill (in dollars) and the average monthly ... (Read 85 times)

crobinson2013

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on: Apr 14, 2020
Data were recorded for 117 months on a household's gas bill (in dollars) and the average monthly temperatures for its neighborhood. The mean monthly temperature was 48.7°F with a standard deviation of 20.6. The mean gas bill price was $81.20 with a standard deviation of 66.5. The correlation coefficient between monthly temperature and gas bill price is -0.92.

Determine the correct value of the slope for the linear model that predicts gas bill price from monthly
temperature and interpret it in context.
◦ The slope is -0.28. For every one degree increase in monthly temperature, the gas bill price is predicted to decrease by $0.28.
◦ The slope is -2.97. For every one degree increase in monthly temperature, the gas bill price is predicted to decrease by $2.97.
◦ The slope is -2.97. For every one dollar increase in gas bill price, the monthly temperature is predicted to decrease by 2.97°.
◦ The slope is -0.28. For every one dollar increase in gas bill price, the monthly temperature is predicted to decrease by 0.28°.
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Marked as best answer by crobinson2013 on Apr 14, 2020

sarahccccc

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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.
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crobinson2013

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Reply 2 on: Apr 14, 2020
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
Wow, this really help

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