Worksheet: Tables for linear regression Mr. Chvatal Use the data sets ...
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Worksheet: Tables for linear regression Mr. Chvatal Use the data sets ...
Derive a linear model for the data, rounding to the thousandth.
b)
Use the linear model to predict revenue if 121 patrons attend.
c)
What is the value of the correlation coefficient? In general, what do correlation coefficient values indicate? What does this value tell us about this data in particular?
2)
Distance from New City vs. median housing prices Distance from New City (mi.) 12 15 28 20 5 9 25 2 13 10 18 8
Median home price (in $1000s) 390 400 310 290 410 400 300 490 370 350 320 400
a)
Derive a linear model for the data, rounding to the thousandth.
b)
Use the linear model to predict the median housing prices in a village 33 miles from New City.
c)
What is the value of the correlation coefficient? In general, what do correlation coefficient values indicate? What does this value tell us about this data in particular?
3)
Fuel efficiency of my hybrid airplane Fuel consumed (gallons) 50 15 12 40 55 3 25 88 16
Derive a linear model for the data, rounding to the thousandth.
b)
Use the linear model to predict fuel use for a 150-mile trip and a 1000mile trip.
c)
What is the value of the correlation coefficient? In general, what do correlation coefficient values indicate? What does this value tell us about this data in particular?