In: Statistics and Probability
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?
TOPIC:Regression equation and the interpretation of the intercept and slope coefficient.