Question: You were given a dataset that includes 100 datapoints for expenses in Canadian dollars and waste in kilo grams. Based on the data you were
You were given a dataset that includes 100 datapoints for expenses in Canadian dollars and waste in kilo grams. Based on the data you were able to calculate the following: The variance of the expenses = 78515151.52 The variance of the waste amount = 14602.38 The R squared = 0.372460641 Intercept = c$ 34046.37654 Total waste amount = 54420 kg The slope b1 of the line for the above case, means a. If the waste amount increases by one kg, the expenses will increase by 10*b1 Canadian dollars b. If the waste amount increases by one kg, the expenses will increase by b1 c. If the waste amount increases by 10 kg, the expenses will increase by 10*b1 Canadian dollars d. If the waste amount increases by 10 kg, the expenses will increase by b1 Canadian dollars
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