Statistics Solutions

(See Steps) At a recent retirement party, Bridget was charged with collecting money to be split 50-50 between a raffle winner and a kidney illness foundation.

Question: At a recent retirement party, Bridget was charged with collecting money to be split 50-50 between a raffle winner and a kidney illness foundation. Afar easing how the money was coming in, Bridget thought there might be a relationship between the age of the donator, and the amount of money being given by the donator, given below

Age, X Amount Donated, Y
31 20
25 25
62 25
50 70
52 60
61 20
29 15
44 55
38 45
53 55
66 30
73 10
48 65
57 30
  1. Find the line of best fit. (b) Compute linear correlation coefficient - is there a linear relationship? (0) Find the quadratic model of best fit. (d) Compare the models from part (a) and (c). Which model is better? Explain. (e) Based on your choice in (d), predict the value of y when x = 45.
    Price: $2.99
    Solution: The downloadable solution consists of 4 pages
    Deliverable: Word Document


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