Question

In: Statistics and Probability

Twenty-five different cars were​ tested, and their weights​ (in pounds) and mileage​ (miles per​ gallon) were...

Twenty-five different cars were​ tested, and their weights​ (in pounds) and mileage​ (miles per​ gallon) were measured. The regression of mileage on weight has the MINITAB regression output shown below. Answer parts ​a-d.

Predictor

Coef

SE Coef

T

P

Constant

49.01549.015

2.5492.549

19.22919.229

0.000

Weight

negative 0.006672−0.006672

0.00078890.0007889

negative 8.457−8.457

0.000

For the prediction equation determine the value of the​ y-intercept and the slope?

Interpret the slope in terms of a​ 1000-pound increase in the vehicle weight?

Interpret the​ y-intercept?

Solutions

Expert Solution

TOPIC:Regression equation and the interpretation of the intercept and slope coefficient.


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