What is the regression model-equation

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Reference no: EM132410306

Hybrid Car Weight (in lbs.)          Car MPG

3250                                             38

3675                                             33

3840                                             29

3935                                             30

2140                                             53

4010                                             32

2565                                             44

3450                                             32

2900                                             38

3345                                             35

3545                                             34

3050                                             41

2540                                             44

2410                                             46

2865                                             40

3810                                             32

NOTE: Before we start to do much computational/mathematical work, what is the general relationship we expect to find here between these two variables?

The values in Column A show the weight in pounds of 16 different hybrid cars made in 2018.  The numbers in Column B are the corresponding gas mileages for each of the cars. Produce a graph with the regression model and R-squared value for this data set. Then answer the following questions.

a. In this model, which variable do we presume is the "dependent" variable and which is "independent"...and why?

b. What is the regression model/equation?

c. What is the associated R-squared value?

d. What does the graph tell us about the general relationship between these two variables?

e. A close friend of yours knows that you have just finished your second stats class in that awesome business program at UIW. She is planning to purchase a new (2018) hybrid car but is concerned about getting the best gas mileage possible. During the discussion, she tells you the car is somewhat heavy at 3,627 pounds.

f. Your friend winces when you give her the answer from Part E. Then she asks "How sure are you?? That MPG sounds so low for a hybrid!" What is your response?

Reference no: EM132410306

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