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Less gas? Refer to Exercise 38.

a. Interpret the slope of the regression line.

b. Does the value of the y intercept have meaning in this context? If so, interpret the y intercept. If not, explain why.

Short Answer

Expert verified

Part (a) The average amount of natural gas Joan will consume per day over the course of a month reduces by 19.87cubic feet per degree Fahrenheit.

Part (b) It does not have meaning.

Step by step solution

01

Part (a) Step 1: Given information

It is stated in the regression line question that,

yÁåœ=1425−19.87x

02

Part (a) Step 2: Explanation

As we know, the slope in the least square regression equation is the coefficient of x and indicates the average rise or decrease of y per unit of x Thus, the slope is,

b1=19.87

As a result, the average amount of natural gas Joan will consume per day over the course of a month reduces by 19.87 cubic feet per degree Fahrenheit.

03

Part (b) Step 1: Explanation

The y-intercept, as we all know, is a constant in the least square regression equation that reflects the average y-value when x is 0 As a result, the y-intercept is:

b0=1425

When the temperature is 0 degrees Fahrenheit, this means that the average amount of natural gas utilized per day is 1425 cubic feet. The y-intercept has meaning in this instance because a temperature of 0 degrees Fahrenheit is feasible.

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Most popular questions from this chapter

Late bloomers? Japanese cherry trees tend to blossom early when spring weather is warm and later when spring weather is cool. Here are some data on the average March temperature (in degrees Celsius) and the day in April when the first cherry blossom appeared over a 24-year period:

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