The court for the town of Beekman had income of $83,941 (or $83,941 thousand). Find the best
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The court for the town of Beekman had income of $83,941 (or $83,941 thousand). Find the best predicted salary for the justice. Is the result close to the actual salary of $26,088?
Find the regression equation using α = 0.05, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure.
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Court Incoe 65 404 1567 113 272 252 111 154 32 Justice Sary 30 492 56 46 612526 18 Strategy for Predicting Values of y Is the regression equation a good model? The regression line graphed in the scatterplot shows that the line fits the points well . rindicates that there is a linear correlation. . The prediction is not much beyond the scope of the available sample data Yes. The regression equation is a good model No. The regression equation is not a good model. Substitute the given value of xinto the regression Regardless of the value of the best predicted value of y is the value of y (the mean of the yvalues) equation bothix
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y 277 00373x The best predicted value is y 277 00373 83941 308 which represents 30800 The pr...View the full answer
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