Question: Different hotels in a certain area are randomlyselected, and their ratings and prices were obtained online. Usingtechnology, with x representing the ratings and y representingprice,
Different hotels in a certain area are randomlyselected, and their ratings and prices were obtained online. Usingtechnology, with x representing the ratings and y representingprice, we find that the regression equation has a slope of 130 and ay-intercept of 381. Complete parts(a) and(b) below.
a. What is the equation of the regression line? Select the correct choice and fill in box to complete the choice.
a. y= __+__x
b. ^y= __+__^x
c. y=__+__^x
d. ^y= __+__x
b. What does the symbol ^y represent?
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