Question: Need help with C bolded Fitting a straight line to a set of data yields the following prediction line. Complete(a) through(c) below. Yi=150.2Xi a. Interpret
Need help with C bolded
Fitting a straight line to a set of data yields the following prediction line. Complete(a) through(c) below.
Yi=150.2Xi
a. Interpret the meaning of theY-intercept, b0. Choose the correct answer below.
A.
TheY-intercept, b0=15, implies that when the value of X is0, the mean value of Y is 15.
Your answer is correct.
B.
TheY-intercept, b0=0.2, implies that when the value of X is0, the mean value of Y is 0.2.
C.
TheY-intercept, b0=15, implies that for each increase of 1 unit inX, the value of Y is expected to increase by 15 units.
D.
TheY-intercept, b0=15, implies that the average value of Y is 15.
b. Interpret the meaning of theslope, b1. Choose the correct answer below.
A.
Theslope, b1=0.2, implies that the average value of Y is 0.2.
B.
Theslope, b1=0.2, implies that for each increase of 1 unit inX, the value of Y is expected to increase by 0.2 units.
C.
Theslope, b1=0.2, implies that for each increase of 1 unit inX, the value of Y is estimated to decrease by 0.2 units.
Your answer is correct.
D.
Theslope, b1=15, implies that for each increase of 1 unit inX, the value of Y is expected to increase by 15 units.
c. Predict the mean value of Y for X=7.
Yi=
(use integer or adecimal.)
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