Question

Orion is working with a data set that compares the outside temperature, in degrees Celsius, to the number of gallons of ice cream sold per day at a local grocery store.

The data has a line of best fit modeled by the function f(x) = 3x + 4 . Orion determines that when the temperature is 25∘C, the store should sell about 79 gallons of ice cream. The correlation coefficient of the data is 0.39.


Explain how accurate Orion expects the prediction to be.

Answer 1

Answer: kindly check Explanation.

Explanation:

The function f(x) = 3x + 4 is a linear regression model. Orion's prediction was obtained by Substituting 25 for x to obtain the predicted variable

f(25) = 3(25) + 4 = 75 + 4 = 79.

However, with a correlation Coefficient of 0.39, which is a numerical value of range - 1 to +1 and is used to measure the statistical relationship between the dependent variable (number of gallons of ice-cream sold per day) and the independent variable (temperature).

The closer the correlation Coefficient (r) value is to +1 or - 1, the stronger the degree of correlation. Positive r values depicts positive relationship while negative r values depicts negative relationship. The closer the r value is to 0. The weaker the relationship and a r value of means there is no Relationship exists between the two variables.

With a correlation Coefficient of 0.39, we can Infer that that only a moderate positive relationship exists between temperature and gallons of ice cream sold per day.