Question: question help Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the

question help

question help Different hotels in a certain area are randomly selected, and

Different hotels in a certain area are randomly selected, and their ratings and prices were obtained online. Using technology, with x representing the ratings and y representing price, we find that the regression equation has a slope of 125 and a y-intercept of - 390. Complete parts (a) and (b) below. a. What is the equation of the regression line? Select the correct choice below and fill in the answer boxes to complete your choice. O A. y= + OB. y= + ( x O c. y= + ( x O D. y= + ( x b. What does the symbol y represent? O A. The symbol y represents the average price of hotels in the area. O B. The symbol y represents the amount that price increases with a 1-point increase in rating. O C. The symbol y represents the predicted value of price. O D. The symbol y represents the expected price when the hotel's rating is 0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!