AP Stats Question! Need Help ASAP please!! Thanks
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A random sample of 150 yachts sold in the United Stats last year was taken. A regression analysis to predict the price(in thousands of dollars) from length (in feet) was completed. A linear model is appropriate. What are the units of the slope?
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those 2 comment didnt help
the independent variable will be the length of the yacht (ft), on x-axis
the dependent variable is cost of the yacht , dollars (’000s), y-axis
you are only asking for the units of the slope of the regression line
slope units = dollars (’000s) / foot length of yacht
your AD
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ans elaborated
Does SIZE Matter?