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STAT 1350 Homework Chapters 14-15 Name The price charged for a 16 ounce soda at Major League Baseball games depends on the pr
e) What proportion of the variation in soda price can be attributed to the hot dog price? f) Determine the least squares regr
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Sample size: 21 Mean x (x): 2.9795238095238 Mean y (ū): 2.5952380952381 Intercept (a): 1.8989415765267 Slope (b): 0.233693893Also, the following calculations are needed to compute the correlation coefficient: Х X*Y X2 y? 2.75 2.29 6.2975 7.5625 5.244The correlation coefficient r is computed using the following expression: d)2 r = SSxy VSSxx SSyy where SS ssx = 3x2++ (2x) (The independent variable is Hotdog, and the dependent variable is Soda. In order to compute the regression coefficients, theBased on the above table, the following is calculated: 62.57 * = { x = 12:57 – 2,078528805:28 f)2 = 2.9795238095238 21 54.5 =co Direction - Positive Association - Because as hot dog incocases So does soda. • Form - Linear Relation Points on scatteoplIts a regression problem and interpret form , strength , direction.

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