# help on 8 highlight result Use the following scenario to answer the next four questions. A...

help on 8 highlight result  Use the following scenario to answer the next four questions. A researcher wants to see how the number of new cars sold (in ten thousands) is related to the company's revenue (in billions). The data obtained from a sample are below. Company A B С D E F Cars (x) 63.0 29.0 20.8 19.1 13.4 8.5 Revenue (y) 7.0 3.9 2.1 2.8 1.4 1.5 Question 5 10 pts Calculate the value of the correlation coefficient,r. Enter this number rounded to three digits after the decimal point. 0.982 Question 6 8 pts Calculate the value of a in the linear regression model y = a + bæ. Round your number to three digits after the decimal point. 0.396
Question 8 6 pts In billions, predict the revenue of a car company that sold 40 (ten thousands) cars. Enter the number rounded to one digit after the decimal point. Do not enter the answer multiplied by one billion.   ##### Add Answer to: help on 8 highlight result Use the following scenario to answer the next four questions. A...
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• ### 9. The data shows the number of car rental companies which can be utilized to transport... 9. The data shows the number of car rental companies which can be utilized to transport construction equipment to the construction sites. a) Compute the correlation coefficient. b) Test the claim that there is a significant relationship of the correlation coefficient using α-, 001, c) Find the equation of the regression line for the data, and graph the line on the scatter plot. d) Use the equation of the regression line to predict the income of a car rental agency...

• ### The data shows the number of car rental companies which can be utilized to transport construction... The data shows the number of car rental companies which can be utilized to transport construction equipment to the construction sites. a) Compute the correlation coefficient. b) Test the claim that there is a significant relationship of the correlation coefficient using α = 0.01. c) Find the equation of the regression line for the data, and graph the line on the scatter plot. d) Use the equation of the regression line to predict the income of a car rental agency...

• ### Info: Use this information to answer Questions 7 – 12 below. The population, in thousands, of a U...

Info: Use this information to answer Questions 7 – 12 below. The population, in thousands, of a U.S. city is modeled by the function P(t) = 0.109t2 – 4.73t + 376.55 where t is years after July 1, 1960. Question: What was the city's minimum population between July 1, 1960 and July 1, 1975? Only enter the number, in thousands, rounded to two decimal places. Please help with these questions, Question 1 0.16 pts Use the following scenario to answer the following questions: Carmela's Churros is a perfectly competitive firm that sells desserts in Houston Texas. Carmela's Churros currently is taking in \$40,000 in revenues, and has \$15,000 in explicit costs and \$25,000 in implicit costs. Holding all else constant, the price of churros in this market will O stay where it is increase in the long run. decrease in the long run. O decrease...

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• ### Use the following information for the next 7 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions Assume that wages and prices are stic... Use the following information for the next 7 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions Assume that wages and prices are sticky and that we start at a long-run equilibrium. Assume that at this initial point, the growth rate of the money supply is 7%, the growth rate of the velocity of money is 0% and that the real economic growth rate is 3%. Now assume that there...

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• ### Need help really bad QUESTION 7 Use the following table to answer the questions below. Important:... Need help really bad QUESTION 7 Use the following table to answer the questions below. Important: Round off all of your answers to one decimal point Labor force Unemployed (thousands) (thousands) Regies May 2010 May 2011 May 2010 May 2011 Northeast 2 017 28.2019 482.7 2.254.1 South 5. 5 5.44.1 21 1263 126.3 4.896.6 34.530.2 34.410.0 105.7 2.83.7 15.12 35.6180 3,054.0 Midwest South %, Midwest South A. In May 2010, the number in thousands) of workers employed was in the...

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