A sample of 12 cars was taken, and the horsepower to miles per gallon was recorded. The computer output for regression is below:

A: y = 6.28 +0.07x
B: y= 0.07 + 6.28x
C: y = 7.47 -2.85x
D: y = -0.20 + 46.92x
E: y = 46.92-0.20x​

Answers

Answer 1

Answer:

From the given output, the regression equation for the line is

ycap = 46.92 - 0.20x

Option D

Answer 2

The regression equation of the sample of 12 cars from the computer output is (e) y = 46.92 - 0.2x

How to determine the regression equation?

From the computer output, we have the following parameters

Intercept = 46.92

Horsepower = -0.20

The above means that the regression equation is:

y = Horsepower * x + Intercept

So, we have:

y = -0.2x + 46.92

Rewrite as:

y = 46.92 - 0.2x

Hence, the regression equation of the sample of 12 cars is (e) y = 46.92 - 0.2x

Read more about regression equations at:

https://brainly.com/question/17844286

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Find the minimum sample size you should use to assure that your estimate of pÌ will be within the required margin of error around the population p. Assume the Margin of error is 0.08 with a confidence level of 95%. From a prior study, pÌ is estimated to be 0.2.

Answers

Answer:

The minimum sample size required is 97.

Step-by-step explanation:

The (1 - α)% confidence interval for the population proportion is:

[tex]CI=\hat p\pm z_{\alpha/2}\cdot\sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

The margin of error for this confidence interval is:

[tex]MOE=z_{\alpha/2}\cdot\sqrt{\frac{\hat p(1-\hat p)}{n}}[/tex]

The information provided is:

[tex]\hat p=0.20\\MOE=0.08\\\text{Confidence level}=95\%[/tex]

The critical value of z for 95% confidence level is, z = 1.96.

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[tex]n=[\frac{z_{\alpha/2}\cdot\sqrt{\hat p(1-\hat p)}}{MOE}]^{2}\\\\=[\frac{1.96\times \sqrt{0.20(1-0.20)}}{0.08}]^{2}\\\\=96.04\\\\\approx 97[/tex]

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Answers

Answer:

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Step-by-step explanation:

Because y = 1/5x +7

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Suppose a life insurance company sells a ​$190,000 ​one-year term life insurance policy to a 19​-year-old female for ​$290. The probability that the female survives the year is 0.999563. Compute and interpret the expected value of this policy to the insurance company.

Answers

Answer:

The expected value of this policy to the insurance company is $206.97

Step-by-step explanation:

Probability that Person doesn't die = 0.999563. Profit = Revenue - Cost; Profit = $290 - 0 = $290

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Answers

Answer:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

Answer:

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answers

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Step-by-step explanation:

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