(a)Find the equation of the least squares line would allow you to predict the percentage of alumni who would strongly agree that their education was worth the cost, using ranking as the independent variable. (Round your answers to four decimal places.)
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(b)Predict the percentage of alumni who would strongly agree that their education was worth the cost for a university with a ranking of 50. (Round your answer to three decimal places.)
(b)
Predict the percentage of alumni who would strongly agree that their education was worth the cost for a university with a ranking of 50. (Round your answer to three decimal places.)
(c)Explain why it would not be a good idea to use the least squares line to predict the percentage of alumni who would strongly agree that their education was worth the cost for a university that had a ranking of 10.
A Find The Equation Of The Least Squares Line Would Allow You To Predict The Percentage Of Alumni Who Would Strongly Ag 1 (17.96 KiB) Viewed 29 times
Students at a number of universities were asked if they agreed that their education was worth the cost. One variable in the table is the percentage of students at the university who responded strongly agree. The other variable in the table is the ranking of the university reported by a national publication. Ranking 28 29 30 2XS 33288 *3*3*3* 37 45 47 52 54 57 60 65 66 72 75 Percentage of Alumni Who Strongly Agree 98 53 59 62 54 54 61 55 63 70 59 66 54 65 56 67 60 75
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