Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Let's solve each part of the question step-by-step using the given regression equation [tex]\(\hat{Y} = 2 + 0.9X\)[/tex].
### Part 1: Browsing time of 38 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 38 \][/tex]
[tex]\[ \hat{Y} = 2 + 34.2 \][/tex]
[tex]\[ \hat{Y} = 36.2 \text{ dollars} \][/tex]
2. Compare the observed value (61.2 dollars) with the predicted amount (36.2 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 61.2 - 36.2 = 25 \text{ dollars} \][/tex]
The observed value (61.2 dollars) is 25 dollars above the regression line.
### Part 2: Browsing time of 21 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 21 \][/tex]
[tex]\[ \hat{Y} = 2 + 18.9 \][/tex]
[tex]\[ \hat{Y} = 20.9 \text{ dollars} \][/tex]
2. Compare the observed value (19.81 dollars) with the predicted amount (20.9 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 19.81 - 20.9 \approx -1.09 \text{ dollars} \][/tex]
The observed value (19.81 dollars) is approximately 1.09 dollars below the regression line.
### Part 3: Browsing time of 16 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 16 \][/tex]
[tex]\[ \hat{Y} = 2 + 14.4 \][/tex]
[tex]\[ \hat{Y} = 16.4 \text{ dollars} \][/tex]
2. Compare the observed value (16.4 dollars) with the predicted amount (16.4 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 16.4 - 16.4 = 0 \text{ dollars} \][/tex]
The observed value (16.4 dollars) matches exactly with the regression line.
### Summary
1. For a browsing time of 38 minutes, the predicted amount spent is 36.2 dollars. The observed value (61.2 dollars) is 25 dollars above the regression line.
2. For a browsing time of 21 minutes, the predicted amount spent is 20.9 dollars. The observed value (19.81 dollars) is approximately 1.09 dollars below the regression line.
3. For a browsing time of 16 minutes, the predicted amount spent is 16.4 dollars. The observed value (16.4 dollars) is exactly on the regression line.
### Part 1: Browsing time of 38 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 38 \][/tex]
[tex]\[ \hat{Y} = 2 + 34.2 \][/tex]
[tex]\[ \hat{Y} = 36.2 \text{ dollars} \][/tex]
2. Compare the observed value (61.2 dollars) with the predicted amount (36.2 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 61.2 - 36.2 = 25 \text{ dollars} \][/tex]
The observed value (61.2 dollars) is 25 dollars above the regression line.
### Part 2: Browsing time of 21 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 21 \][/tex]
[tex]\[ \hat{Y} = 2 + 18.9 \][/tex]
[tex]\[ \hat{Y} = 20.9 \text{ dollars} \][/tex]
2. Compare the observed value (19.81 dollars) with the predicted amount (20.9 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 19.81 - 20.9 \approx -1.09 \text{ dollars} \][/tex]
The observed value (19.81 dollars) is approximately 1.09 dollars below the regression line.
### Part 3: Browsing time of 16 minutes
1. Calculate the predicted amount spent:
[tex]\[ \hat{Y} = 2 + 0.9 \times 16 \][/tex]
[tex]\[ \hat{Y} = 2 + 14.4 \][/tex]
[tex]\[ \hat{Y} = 16.4 \text{ dollars} \][/tex]
2. Compare the observed value (16.4 dollars) with the predicted amount (16.4 dollars):
[tex]\[ \text{Observed amount} - \text{Predicted amount} = 16.4 - 16.4 = 0 \text{ dollars} \][/tex]
The observed value (16.4 dollars) matches exactly with the regression line.
### Summary
1. For a browsing time of 38 minutes, the predicted amount spent is 36.2 dollars. The observed value (61.2 dollars) is 25 dollars above the regression line.
2. For a browsing time of 21 minutes, the predicted amount spent is 20.9 dollars. The observed value (19.81 dollars) is approximately 1.09 dollars below the regression line.
3. For a browsing time of 16 minutes, the predicted amount spent is 16.4 dollars. The observed value (16.4 dollars) is exactly on the regression line.
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.