Question

Use the following information to answer questions 1-6 A sample of small cars was selected to attempt to use the horsepower (h
0 0
Add a comment Improve this question Transcribed image text
Answer #1

1.

If horsepower of the car increases by 1 hp, the model would predict the fuel efficiency to decrease by 0.15 mpg

2.
For x = 150, the predicted fuel efficiency is,
y = 44 - 0.15 * 150 = 21.5 mpg

Residual = Actual - Predicted = 25 - 21.5 = 3.5 mpg

3.
R2 = 68% = 0.68

Correlation coefficient = V0.68 = -0.8246 (We took the negative sign because the slope of the regression model is negative)

4.

Since the Correlation coefficient is close to -1 and negative, there is a strong, negative, linear association between horsepower and fuel efficiency of the car.

5.

For x = 120, the predicted fuel efficiency is,
y = 44 - 0.15 * 120 = 26 mpg

Residual = Actual - Predicted

Actual = Predicted + Residual = 26 + 3.27 = 29.27 mpg

Add a comment
Know the answer?
Add Answer to:
Use the following information to answer questions 1-6 A sample of small cars was selected to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT