Exam (elaborations)
MATH 120: Introduction to Statistics Lime Spring Week 6 Quiz
MATH 120: Introduction to Statistics Lime Spring Week 6 Quiz 1. Based on the linear regression, how much would you expect a 0.55 carat diamond to cost? A: $2,500 2. Based on the linear regression, how much would you expect a diamond that costs $5,500 to weigh? A: 0.90 carats 3. You're surprised to learn that instead of ~$100, a 0.30 carat costs ~$800 carats. Which explanation would make sense? A: All of the above. 4. If a residual is negative, what does it mean about the observed value? A: The predicted value is greater than the observed value. 5. If the expected value of a diamond is $3,500, but the observed value is $3,800, what is the residual? A; $300.
Show more
Read less
Institution
MATH 120
Course
MATH 120
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
- MATH 120
- Course
- MATH 120
Document information
- Uploaded on
- September 24, 2023
- File latest updated on
- August 4, 2025
- Number of pages
- 3
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
math 120 introduction to statistics lime spring w
$17.99
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
