subject
Mathematics, 15.01.2021 17:10 kaitlynmoore42

What is the relationship between diamond price and carat size? 307 diamonds were sampled (ranging in size from 0.18 to 1.1 carats) and a straight-line relationship was hypothesized between y = diamon price (in dollars) and x = size of the diamond (in carats)The simple linear regression for the analysis is shown below. Least Squares Linear Regression of PRICE Predictor Variables Coefficient Error TP Constant -2298 36 158.531 14.50 0.0000 Size 11598.9 230.11150.41 0.0000 R-Squared Resid. Mean Square (MSE) 1248950 Adjusted R-Squared 0.8922 Standard Deviation 1117.56 Interpret the estimated y-intercept of the regression line. Select one : When a diamond is carats in size, we estimate the price of the diamond to be 2298.36 B. When a diamond is carats in size we estimate the price of the diamond to be $11,598.90 When a diamond is 11598.9 carats in size, we estimate the price of the diamond to be $2298.36 D. No practical interpretation of the yintercept exists since a diamond of carats cannot exist and falls outside the range of the carat sizes sampled

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Cameron made 1 loaf of bread. his family ate 4/6 of the loaf of bread. how much of the loaf of bread remains? /
Answers: 2
question
Mathematics, 21.06.2019 15:00
Ascatterplot is produced to compare the size of a school building to the number of students at that school who play an instrument. there are 12 data points, each representing a different school. the points are widely dispersed on the scatterplot without a pattern of grouping. which statement could be true
Answers: 1
question
Mathematics, 21.06.2019 17:30
What is the 12th term of b(n)=-4-2(n-1)
Answers: 1
question
Mathematics, 21.06.2019 21:30
Are the corresponding angles congruent? explain why or why not.
Answers: 2
You know the right answer?
What is the relationship between diamond price and carat size? 307 diamonds were sampled (ranging in...
Questions
question
Spanish, 01.09.2019 11:20
Questions on the website: 13722367