Question: a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of

a. Find the y-intercept and slope of the specified linear equation.

b. Explain what the y-intercept and slope represent in terms of the graph of the equation.

c. Explain what the y-intercept and slope represent in terms relating to the application.

y = 30 + 55x (from Exercise 4.6)

Step by Step Solution

★★★★★

3.50 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a b 0 30 b 1 55 b The yintercept b 0 30 gives the yvalue where the line y 30 55x intersects the y... View full answer

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

Document Format (1 attachment)

Word file Icon

503-M-S-L-R (3250).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Q:

Let 0 and 1 be the OLS intercept and slope estimators, respectively, and let u be the sample average of the errors (not the residuals!). (i) Show that 2 can be written as 1 = 1 + n i = 1wiui,...

Q:

Graph each linear equation 1. x - y = 11 2. y = 4x -2 3. y = 5x L.- --i--i--i-----4- i--i--i--i ----------- 4--4--- --i--i--

Q:

A simple linear regression model relating y = total catch of lobsters (in kilograms) and x = average percentage of traps allocated per day to exploring areas of unknown catch (called search...

Q:

y = 68.22 + 0.25x (from Exercise 4.5) a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c....

Q:

a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c. Explain what the y-intercept and...

Q:

In each Exercise, a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c. Explain what the...

Q:

In each of Exercise, a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c. Explain what the...

Q:

In each of Exercise, a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c. Explain what the...

Q:

a. Find the y-intercept and slope of the specified linear equation. b. Explain what the y-intercept and slope represent in terms of the graph of the equation. c. Explain what the y-intercept and...

Q:

Could you give an explanation and answer for these textbook practise questions? I do not fully understand these ones specifically. Thank you. 16. (L112) Tell the slope and y-intercept of the graph of...

Q:

Fundamentals of Income Tax 2019 Owen (SIN 805 232 105) and Sonja (SIN 805 232 212) Cornell are married. They live at 2621 River Road, Your City, YP, P0M 1B0, phone number 983-2425. Owen was born on...

Q:

1. Evaluate the ethics of the actions taken by Siemens with respect to Josephsons Six Pillars of Character and virtue decision making, as discussed in Chapter 1. 2. Under the German Criminal Code,...

Q:

Evaluate the integral using any appropriate algebraic method or trigonometric identity. 1 0 3 - 2 4 2 + 1 9 5 - 7 d 1 0 3 - 2 4 2 + 1 9 5 - 7 d = ( Type an exact answer. Use parentheses to clearly...

Q:

What is static spread?

Q:

U.S. House of Representatives. There are 435 representatives in the 113th session of the U.S. House of Representatives. On the website www.house.gov, you can find an alphabetized list of the 435...

Q:

Best High Schools. In an issue of Newsweek (Vol. CXLV, No. 20, pp. 4857), B. Kantrowitz listed The 100 best high schools in America according to a ranking devised by J. Mathews. Another...

Q:

Sampling Dorm Residents. Students in the dormitories of a university in the state of New York live in clusters of four double rooms, called suites. There are 48 suites, with eight students per suite....

Q:

Growth Enterprises believes its latest project, which will cost $86,000 to install, will generate a perpetual growing stream of cash flows. Cash flow at the end of the first year will be $4,000, and...

Q:

Suppose you are trying to calculate the average amount of sales you derive from your customers.You want to be 93% sure of yourself when you present you figures to the board of directors.You also want...

Q:

McConnell Corporation has bonds on the market with 15 years to maturity, a YTM of 6.6 percent, a par value of $1,000, and a current price of $1,236.50. The bonds make semiannual payments. What must...