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d1i1m1o1n [39]
1 year ago
11

Each year a nationally recognized publication conducts its 'Survey of America's Best Graduate and Professional Schools.' An acad

emic advisor wants to predict the typical starting salary of a graduate at a top business school using GMAT score of the school as a predictor variable. Total GMAT scores range from 200 to 800. A simple linear regression of SALARY versus GMAT using 25 data points yields the regression equation given below. y = 228x - 92,040 Give an interpretation of the y-intercept. The value has no practical interpretation since a GMAT of 0 is nonsensical and outside the range of the sample data. We estimate the base SALARY of graduates of a top business school to be $-92,040. We estimate SALARY to decrease $92,040 for every 1-point increase in GMAT. We expect to predict SALARY to within 2(92040) = $184,080 of its true value using GMAT in a straight-line model.
Mathematics
1 answer:
Lady_Fox [76]1 year ago
3 0

Answer:

The correct answer is the value has no practical interpretation since a GMAT of 0 is nonsensical and outside the range of the sample data.

Step-by-step explanation:

Solution

Given that:

We define Define Y : dependent variable ( Starting salary of a graduate at a top business school )

Thus,

X : independent variable ( GMAT score )

So,

The Required linear regression equation is stated below:

y = 228 x - 92,040

Here,

The y intercept is = - 92040

The Interpretation of the y - intercept  is defined as:

The value has no practical interpretation since a GMAT of 0 is nonsensical and outside the range of the sample data .

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Working alone, Jack can do a puzzle in 5 hours. With his brother's help, the two can do the same puzzle in 2 hours. How long wou
Ulleksa [173]

Answer:

3 hours

Step-by-step explanation:

5 - 2 = 3

8 0
2 years ago
Read 2 more answers
NOT is coded as LKF and FLY is coded as TNA, then which of the following word/s has/have correct coding? (1) TOP – FKJ (2) RUN –
AVprozaik [17]

Answer:

  • (1) and (3) are correct options

Step-by-step explanation:

  • NOT is coded as LKF
  • FLY is coded as TNA

<u>Using alphabet, we can see that:</u>

NOT = 14, 15, 20  ⇔ 13+1, 13+2, 13+7 ⇒ LKF = 12,11,6 = 13-1, 13-2, 13-7

Coding for each letter is 13 + x ⇒ 13 - x

(1) TOP ⇒ FKJ

  • TOP = 20,15,16 ⇒ 13-7, 13-2, 13-3 =  6,11,10 = FKJ
  • Correct

(2) RUN ⇒ IFM

  • RUN = 18,21,14 ⇒ 13-5,13-8,13-1 = 8,5,12 = HEL ≠ IFM
  • Incorrect

(3) MUG ⇒ MES

  • MUG = 13,21,7 ⇒ 13+0, 13-8, 13+6 = 13,5,19 = MES
  • Correct

(4) HOT ⇒ RKG

  • HOT = 8,15,20  ⇒ 13+5,13-2, 13-7 = 18,11,6 = RKF ≠ RKG
  • Incorrect

7 0
1 year ago
Liz buys 17 identical tickets for £208.25 estimate the cost of one ticket
sergeinik [125]

Answer:

£12.25

Step-by-step explanation:

Using unit rate:

\frac{\text{Price}}{\text{Tickets}}=\frac{208.25}{17}=\frac{208.25/17}{17/17}=\frac{\boxed{12.25}}{1}

£12.25 should be the correct answer.

6 0
1 year ago
Read 2 more answers
This year June 1 is a Friday, and June has 30 days. If there will be exactly one hail storm in June, but we have no idea on whic
Ratling [72]

Answer:

The probability that the hail storm will happen on a Saturday is 0.1667.

Step-by-step explanation:

The month of June started on Friday.

Then June 2 is a Saturday.

Remaining 28 days.

Each week has 7 days.

There will be 4 full weeks for the month of June.

So there will be 4 more Saturdays.

Thus, there are a total of 5 Saturdays in the month of June.

Compute the probability that the hail storm will happen on a Saturday as follows:

P(hail-storm)=\frac{n(Saturdays)}{Total\ no.\ of\ days} =\frac{5}{30}= 0.1667

Thus, the probability that the hail storm will happen on a Saturday is 0.1667.

8 0
2 years ago
The table summarizes the scoring of a football game between Team A and Team B. A touchdown (TD) is worth 6 points, a field goal
Anit [1.1K]
If you would like to find the final score, you can do this using the following steps:

Team A: 6 points * 3 + 3 points * 2 + 2 points * 1 + 1 point * 0 = 6 * 3 + 3 * 2 + 2 * 1 + 1 * 0 = 18 + 6 + 2 + 0 = 26 points
Team B: 6 points * 4 + 3 points * 4 + 2 points * 1 + 1 point * 2 = 6 * 4 + 3 * 4 + 2 * 1 + 1 * 2 = 24 + 12 + 2 + 2 = 40 points

The final score of team A is 26 points and the final score of team B is 40 points.
3 0
2 years ago
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