Question: Select a value for the independent variable X and calculate the predicted Y. Be sure to show your work. Does the predicted value seem reasonable?

Select a value for the independent variable X and calculate the predicted Y. Be sure to show your work. Does the predicted value seem reasonable? The regression analysis output is below. The linear regression equation (prediction line) is : y = 0.7147x + 9487.9 or Out of State + 0.7147 + 9487.9 The coefficient of determination, R Square = 0.674519089 SUMMARY OUTPUT Regression Statistics Multiple R 0.821291111 R Square 0.674519089 Adjusted R Square 0.673701298 Standard Error 6241.893498 Observations 400 ANOVA df SS MS F Significance F Regression 1 32135458675 32135458675 824.806 4.7784E-99 Residual 398 15506571305 38961234.43 Total 399 47642029980 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept 9487.903389 526.9033105 18.0069155 1.87E-53 8452.04187 10523.76 8452.0419 10523.765 In-State Tuition 0.741660774 0.025824351 28.71943537 4.8E-99 0.69089159 0.79243 0.6908916 0.79243

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