Suppose the manager of a gas station monitors how many bags of ice he sells...
70.2K
Verified Solution
Link Copied!
Question
Basic Math
Suppose the manager of a gas station monitors how many bags of ice he sells daily along with recording the highest temperature each day during the summer. The data are plotted with temperature, in degrees Fahrenheit (F), as the explanatory variable and the number of ice bags sold that day as the response variable. The least squares regression (LSR) line for the datais Y = -135.99 + 2.46X.On one of the observed days, the temperature was 82 F and 70 bags of ice were sold. Determine the number of bags of ice predicted to be sold by the LSR line, ?, when the temperature is 82 F. Enter your answer as a whole number, rounding if necessary.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
