A county real estate appraiser wants to develop a statistical model to predict the appraised value of houses in a section of the county called East Meadow.One of the many variables thought to be an important predictor of appraised value is the total number of rooms in the house. Consequently the appraiser decided to fit the simple linear regression model, ^y=β0+β1x, where y= the appraised value of the house (in thousands of dollars) and x= the number of rooms. Using data collected for a sample of n = 74 houses in East Meadow, the following results were obtained:¯y=74.80+24.93xRange of the x-values: 5 - 11Range of the y-values: 160 - 300Give a practical interpretation of the estimate of the slope and the y-intercept of the least-squares line.

Answers

Answer 1

Answer:

D. For each additional room in the house, the appraised value is estimated to increase $74,800

Step-by-step explanation:

The statistical model is used to predict the appraised value of houses in East Meadows. The value of a house is determined by using variables. The regression model helps to analyse the value of a house. It is predictive modelling technique which determines a relationship between dependent and independent variable.


Related Questions

HELPP MARKING BRAINIEST

Answers

i believe the answer is a
No ive done this one already its C. brainlyest??

solve for r a= pi r squared

Answers

The answer would be R=radical A pi/ pi

At the toy store, Caleb and his younger brother, Gabe, each used money they had saved to buy Motor Mystery boxes. The convertibles are their favorite cars to get! Out of the 30 cars in Caleb's Jumbo box, 12 were convertibles. Out of the 10 cars in Gabe's Mini box, 4 were convertibles. Did the boxes have the same ratio of convertibles to total cars yes or no​

Answers

Answer:

Answer: Yes

Step-by-step explanation:

Ratios

Caleb's Jumbo box has 30 cars, 12 of which are convertibles.

This gives a ratio of 12:30. The equivalent fraction of this ratio is:

[tex]\frac{12}{30}[/tex]

This fraction can be simplified by dividing both parts by 6:

[tex]\frac{2}{5}[/tex]

Thus Caleb's ratio of convertibles is 2:5.

Gabe's Mini box has 4 convertibles out of 10 cars. This gives a ratio of 4:10.

Simplifying by 2, the ratio is 2:5.

It's clear that both boxes have the same ratio of convertibles to total cars.

Answer: Yes

Andrew's fish tank measures
24 inches long, 10.5 inches
wide, and 13 inches high. What
is the volume of the fish tank?
MONS

Answers

15 volume of the fish tank

Decide whether the change is an increase or a decrease, and find the percent change. Original number = 35; New number = 16.... PLS LEAVE A STEP BY STEP EXPLANATION

Answers

Answer: 60 decrease or 150 decrease

Step-by-step explanation:

HELP PLSSSSSSSSSSSSS

Answers

Answer:

14 miles per hour

Step-by-step explanation:

49/3.5= 14

Hope this helps!  

pls mark brainliest if correct

Answer:

14 miles per hour because to find the speed, use the formula speed = distance / time. 49 / 3.5 = 14.

Jan and Kim own numbers of marbles
that are in the ratio 5:6
Jan gains 2 more marbles and the ratio is
now 7:8
how many marbles do each own initially?​

Answers

Answer:

5:6 + 7:8 = 12:14

Jan will have 12 marbles

Kim will have 14 marbles

Jan and Kim own 40 and 48 marbles respectively.

Important information:

Jan and Kim has marbles in ratio 5:6.Jan gains 2 more marbles and the ratio is 7:8.

We need to find the initial number of marbles each own.

Ratio:

Let the initial number of marbles be [tex]5x[/tex] and [tex]6x[/tex].

Jan gains 2 more marbles and the ratio is 7:8. So,

[tex]\dfrac{5x+2}{6x}=\dfrac{7}{8}[/tex]

[tex]8(5x+2)=7(6x)[/tex]

[tex]40x+16=42x[/tex]

Isolate the variable.

[tex]16=42x-40x[/tex]

[tex]16=2x[/tex]

[tex]\dfrac{16}{2}=x[/tex]

[tex]8=x[/tex]

Now, find the initial number of marbles.

[tex]5(8)=40[/tex]

[tex]6(8)=48[/tex]

Therefore, Jan and Kim own 40 and 48 marbles respectively.

Find out more about 'Ratio' here:

https://brainly.com/question/16054658

Sheila bought a box of 25 headbands. When she arranged the headbands by color, she saw that 4 were green, 4 were red, 13 were blue, and 4 were pink. What is the percent of blue headbands she bought?

Answers

52 all you need to do is find out 13 is what percent of 25 and it will be 52%

enter an equation in slope intercept form for the line below

Answers

2x+y=6
-2x. -2x

Y=-2x+6
That’s the equation

56 projects 5:9 ratio divide

Answers

The answer is 4:4 it takes 4 of each





circular running track is ​1/5 of a mile long. Elena runs on this track, completing each lap in 1/15 of an hour. What is Elena's running speed?

Answers

Answer:

3m/hr

Step-by-step explanation:

Answer:

3mph

Step-by-step explanation:

how many times can 3 go into 10000

Answers

Answer:

3333 times

Anymore and you'll have extra

May I have brainliest please? :)

please find the circumceneter of the triangle

Answers

Answer:

Draw the perpendicular bisector of each line of each line.

Step-by-step explanation:

Because this is a right triangle, the circumcenter will always be located at the midpoint of the hgypotenuse.   Locate those coordinates and you have the circumcenter.

3x+8=3x+____


Which value could you write in the blank above that would make the equation have one solution?
a.2x


b.8


c.7

Answers

Answer:

2x

Step-by-step explanation:

Think about it. Adding 8 would make the equation: 3x+8=3x+8. That has infinite solutions.  if you made it 7, it would be 3x+8=3x+7, which is impossible.  

Therefore, it must be 2x, which would make the equation 3x+8=5x.

Let's check: 3x+8=5x

                     8=2x

                     4=x

All good.

points A, S, Q, and R are ___

Answers

Answer:

both please brainlist me

choose the graph of the function f(x)=1/2 times -2.

click on the graph until the correct graph appears.

Answers

Answer:

ur correct u got it.

Step-by-step explanation:

need help with this question please and thanks 100 points

Answers

I got you it is negative 4 and 2/3
Your answer is -4 2/3

- you have to do -42 divided by 9 and you get without going over -42. The closest you can get is -36. Now, with the remaining 6 would just be written bearing -4 as 6/9. Here, you have to simplify it, making it 2/3. Your answer is the -4 2/3

i just need a little help figuring this out

find the value of X

Answers

x=70... do u need an explanation?

6. Find the value of x.
0
x
117°
660
a.
117
b. 297
c.
66
d. 51

Answers

Answer:

d.51

Step-by-step explanation:

Let the 3rd angle of the triangle be y. Then:

y+117=180

y=63

Then:

x=180-63-66

  =51°

-0.24 divided by 0.6

Answers

Answer:

-0.4

Step-by-step explanation:

PLS HELP!!!!! OR I FAIL!!!
The graph of g(x), shown below, is a vertical shift of the graph of f(x) = 2*
Write the equation for g(x).

Answers

Answer:

C

Step-by-step explanation:

+1 shifts the function up 1

If y varies directly with x, given x = 4 and y = 8. What is the value of k (constant of proportionality)?

Answers

Answer:

2

Step-by-step explanation:

If y y varies directly with x, this is expressed as;

y ∝ x

y = kx

k is the constant of proportionality;

Given

x = 4 and y = 8

Substitute;

8 = 4k

4k = 8

k = 8/4

k = 2

Hence the constant of proportionality k is 2

The graph shows how the value of a car changes over
time.
Which function best represents the relationship shown
in the graph?
Car
y
~ y = -3,000x9
30,000
25,000
By = 27,000x + 9
20,000
Value (dollars)
15,000
10,000
5,000
y = 27,000x - 3,000
0
1 2 3 4 5 6 7 8 9 10
Time (years)
Dy = -3,000x + 27,000

Answers

The linear function is given by y = -2000x + 30000

Linear function

A linear function is a function in the form:

y = mx + b

where y,x are variables, m is the rate of change and b is the y intercept.

Let y represent the value of the car after x years.

From the graph, the line passes through point (0, 30000) and (3, 24000), hence:

[tex]y-30000=\frac{24000-30000}{3-0} (x-0)\\\\y=-2000x+30000[/tex]

Find out more on linear function at: https://brainly.com/question/15602982

Determine if the two triangles are congruent. If they are, state how you know.

Answers

Rules for congruency .

Please help please help

Answers

Answer:

1: A

2:C

3: B

4:27

5:16

6:1

Create a table of values for each given function, turn them into coordinate pairs, graph on the coordinate plane, and then connect the pints. Choose points carefully so that they fit on the given coordinate plane.

Answers

Answer:

y points are 0, 1, 2, and 3 for x points 0, 2, 4, 6

Step-by-step explanation:

Is 150% of 36 less than 100, greater than 100 but less than 150, or greater than 150?
150% of 36 is


HELP!!

Answers

Answer:

no 150% of 36 is 54

Step-by-step explanation:

its 54 btw

i need help plz plz ​

Answers

Answer:

f(9) = 480 means that jason will have 480 after saving for 9 months

Jason will have 240$ after 3 months due to the fact that f(3) = 240

Jason will need to save 560 more dollers

Step-by-step explanation:

Which decimal is the largest?
A. 0.03
B. 0.3
C. 0.29
D. 0.039

Answers

The answer is B 0.3 because its 3/10 and all of the others is lesss


A plant is already 13 centimeters tall, and it will grow one centimeter every month.
Let H be the plant's height (in centimeters) after M months.
Write an equation relating H to M. Then graph your equation using the axes below.

Answers

Answer:

H = M + 13

Step-by-step explanation:

Each month will add 1 cm to the height which is 13

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