What does the slope of the line mean in your real-life data

Assignment Help Algebra
Reference no: EM131402263

Assignment

The purpose of the Signature Assignment is to have you work with real-life data to answer a real-life question using the tools, technology, and skills of MTH/219. In Week 2, you will work with the data you collected to analyze the data to draw conclusions.

Review the instructional video on how to use regression in Microsoft Excel.

Input your data into Microsoft Excel (data and years).

Create a scatterplot.

Insert a linear trendline. Make sure to show the equation and the R-square value. Also, make sure you label each axis and give a title to your graph.

In the same Microsoft Excel worksheet, answer the following questions. Each question should be 90 to 175 words.

1. Does the line fit the data? How can you tell?
2. What does the slope of the line mean in your real-life data? How can you interpret the slope of your line?
3. What does the y-intercept mean in your real-life data? How can you interpret the y-intercept?

Reference no: EM131402263

Questions Cloud

What might explain the difference in elasticities : What is the elasticity of demand of underage drinking and binge drinking?
Calculate the cost of common equity financing : Last year the Black Water Inc. paid dividends $3.23. Company's dividends are expected to grow at an annual rate of 5% forever. The company's common stock is currently selling on the market for $75.46. The investments banker will charge flotation c..
Write a response about the given post : PSY7610:you read about changes over time in the procedures for evaluating SLDs. Recently, most states changed their existing rules and regulations to include a RTI model, which identifies three levels of intervention or teaching to facilitate lear..
Correct errors and redundancies in attempted translations : The following exercises contain typical mistakes that students make in attempting to translate statements into standard form. Correct the errors and redundancies in these attempted translations.
What does the slope of the line mean in your real-life data : Does the line fit the data? How can you tell? What does the slope of the line mean in your real-life data? How can you interpret the slope of your line?
Translate given into standard form categorical propositions : Translate the following into standard-form categorical propositions.- Bromine is extractable from seawater.
Project cash flow using net present value : The purpose of this assignment is to allow the student to calculate the project cash flow using net present value (NPV), internal rate of return (IRR), and the payback methods.
Determining the project at an annual rate : Find the modified internal rate of return (MIRR) for the following series of future cash flows if the company is able to reinvest cash flows received from the project at an annual rate of 9.30 percent.The initial outlay is $494,100.
Determining the company cost of capital : A project has an initial outlay of $3,193. It has a single payoff at the end of year 7 of $7,517. What is the profitability index (PI) of the project, if the company's cost of capital is 10.87 percent?

Reviews

Write a Review

Algebra Questions & Answers

  Solve the linear model

Select five values for x to plug into the linear function, P(x)=10x-7 and prepare a table of values

  Identify the sample and suggest a population

Identify the sample and suggest a population

  Evaluate the ratios

Evaluate the ratios and check are the ratios equivalent.

  Define variables and profit function

Define variables and profit function

  Make a linear equation

Assume you have a lemonade stand, & when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 cups. Make an equation for the number of cups you sell as a function of the price you charge. Denote "C"..

  Classify linear and non linear functions

For each of the relationships given below, describe whether you think it is best explained by a linear function or a non-linear function.

  Which of the following are functions

Which of the following are functions?  The two problems, i.e., 1 & 3, are multi part relations consider all parts when determining whether or not these relations are functions. Explain your reason for 1, 2, & 3.

  Using venn diagram for solving word problems

Using venn diagram for solving word problems.

  Joint probability density function

The joint probability density function.

  Applications of combination

Applications of combination

  Solving problems using venn diagram

Solving problems using venn diagram.

  Solving problems into equation

Solving problems into equation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd