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Which of the following regression equations best fits the data shown below?

Which of the following regression equations best fits the data shown below?-example-1
User GrvTyagi
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1 Answer

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Answer:

Choice B best fits the data shown

Explanation:

We employ the scatter-plot feature in Ms. Excel and then add an exponential trend line selecting the display equation on chart option. The attachment below is an image from the excel workbook where the task was performed.

From the attachment the regression equation was obtained as;


y=3.799e^(0.7x)

But;


e^(0.7)=2.01

Thus, the regression equation can be expressed as;


y=3.80*2.01^(x)

Which of the following regression equations best fits the data shown below?-example-1
User Praxmon
by
6.6k points