QuickHelper

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About QuickHelper

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Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 4 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Statistics Posted 03 Sep 2017 My Price 11.00

Homework help, on last question

Question description

 

I need help with this last question on my homework. 

The table shows the average cost, in dollars, of a movie ticket in the United States for different years.

Year

1948

1963

1974

1978

1985

1991

1997

2005

2010

Cost

0.36

0.86

1.89

2.34

3.55

4.21

4.59

6.41

7.89

Use technology to answer the following:

Find the equation of the least squares regression line. Round values of a and b to four decimal places.

Find r. Round to three decimal places. Interpret the r-value.

Find . Round to three decimal places. Tell what it means.

Use the equation of the least squares regression line to predict the average cost of a movie ticket in 1995.

Answers

(10)
Status NEW Posted 03 Sep 2017 04:09 PM My Price 11.00

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