Final answer:
To predict the fuel economy in mpg for a car that weighs 3000 lbs, we can use the given data. The predicted mpg is around 25.8. The residual for this prediction is 0 mpg, and the percentage of variation in fuel economy explained by weight is 97.2%.
Step-by-step explanation:
To predict the fuel economy in mpg for a car that weighs 3000 lbs, we can use the given data on weight and fuel economy:
Weight (in hundreds of pounds)Fuel Economy (in mpg)2.526325.83.525.64.525
From the data, we can see that as the weight increases, the fuel economy decreases. Therefore, we can predict that a car weighing 3000 lbs would have a fuel economy of around 25.8 mpg.
To calculate the residual for a car that weighs 3000 lbs and gets 25.8 mpg, we subtract the predicted value from the actual value:
Residual = Actual value - Predicted value = 25.8 - 25.8 = 0 mpg.
To determine the percentage of the variation in the fuel economy that can be explained by the variation in weight, we need to calculate the coefficient of determination (R-squared value). The R-squared value is the square of the correlation coefficient, which measures the strength and direction of the linear relationship between the variables. In this case, the correlation coefficient is approximately -0.986. Therefore, the R-squared value is approximately 0.972, or 97.2%.