A website that rents movies online recorded the age and the number of movies rented during the

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A website that rents movies online recorded the age and the number of movies rented during the past month for some of their customers. Here are their data:

Age Rentals

35 .... 9

40 .... 8

50 .... 4

65 .... 3

40 .... 10

30 .... 12

Make a scatterplot for these data. What does it tell you about the relationship between these two variables? From computer output, the regression line has

b0 = 18.9 and b1 = - 0.260.

a) Use the estimated regression equation to predict Rentals for all six values of Age.

b) Find the residuals ei.

c) Calculate the residual standard deviation, se.

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Related Book For  book-img-for-question

Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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