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Science-Related Homework Help Statistics and Probability Topic started by: fattykay92 on Aug 30, 2019



Title: Computer output in the scenario described in problem #8 reports that s = 2.3. Which is the correct ...
Post by: fattykay92 on Aug 30, 2019
Computer output in the scenario described in problem #8 reports that s = 2.3. Which is the correct interpretation of this value?

▸ The slope of the regression line is 2.3 lights per dollar.

▸ The initial cost, even with no lights is $2.30.

▸ The slope of the regression line is $2.30 per light.

▸ The average prediction error of the regression line is $2.30.

▸ The correlation is 2.3.


Title: Computer output in the scenario described in problem #8 reports that s = 2.3. Which is the correct ...
Post by: nick1116 on Aug 30, 2019
The average prediction error of the regression line is $2.30.