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Calculating the Least-Squares Regression Line Answers

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The line of best fit is also called the least-squares regression line. Which statement best explains that name?

A
The line is located on a scatterplot so that it minimizes the squared distances from the points to the line.
B
The line represents the place on the scatterplot that connects the points in the smallest square possible.
C
The line is located on a scatterplot so that it maximizes the squared distances from the points to the line.
D
The line represents the place on the scatterplot that crosses through the greatest number of points.
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Let x represent the paper 1 score (out of 40) and ŷ represent the predicted paper 2 score (out of 100). Which correctly states the equation for the least-squares regression line and the interpretation of its slope?

A
ŷ = 5.2 + 2.2x; scoring 1 more point on paper 1 is associated with a 2.2-point increase on paper 2.
B
ŷ = 5.2 + 2.2x; scoring 2.2 more points on paper 1 is associated with a 1-point increase on paper 2.
C
ŷ = 2.2 + 5.2x; scoring 1 more point on paper 1 is associated with a 5.2-point increase on paper 2.
D
ŷ = 2.2 + 5.2x; scoring 5.2 more points on paper 1 is associated with a 1-point increase on paper 2.
9

Let x represent the points allowed and ŷ represent the predicted wins. Which correctly states the equation for the least-squares regression line and the interpretation of its y-intercept?

A
ŷ = 0.02 ‒ 14.92x; A team that allows 0.02 points is predicted to have about 0 wins.
B
ŷ = 0.02 ‒ 14.92x; A team that allows 0 points is predicted to have about 0.02 wins.
C
ŷ = 14.92 ‒ 0.02x; A team that allows 15 points is predicted to have about 0 wins.
D
ŷ = 14.92 ‒ 0.02x; A team that allows 0 points is predicted to have about 15 wins.
11

The table shows the production budgets and worldwide gross revenues of eight 2018 films. Which statement gives the correct value and interpretation of r?

A
As budgets increased, the gross revenue increased; r = 0.38.
B
For every budget increase of $1 billion, gross revenue increased $0.38 billion; r = 0.38.
C
As budgets increased, the gross revenue increased; r = 0.62.
D
For every budget increase of $1 billion, gross revenue increased $0.62 billion; r = 0.62.
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✔ -20.220.2 64.6

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✔ 2896 101

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