Whenever we work with an equation with given parameters, the first step is to define the equation in terms of the parameters.
Here we have
y_hat(x)=Ax+B
where
A=4.6
B is obtained from solving
530=4.6(258)+B
from which B=-656.8
Hence
y_hat(x)=4.6x-656.8
You have not posted the complete question, but it appears that you are looking for the data usage for call time=372.
So
y_hat(372)=4.6(372)-656.8=1054.4 Mb
An analyst working for a telecommunications company has been asked to gauge the stress on its cellular networks due to the increasing use of smartphones. She decides to first look at the relationship between the number of minutes customers spent talking on their phones and the amount of cellular data they use. She collects a month’s worth of data on 300 customers who have smartphones with data plans. The mean monthly call time was found to be 258 minutes, and the mean amount of data consumed was found to be 530 megabytes. Based on the least squares regression line fitted to the data, it is found that for every minute increase in calling time, the data usage is expected to increase by 4.6 megabytes.
x= 258
y=530
b1=4.6
bo=530-(4.6 x 258) = 530-1186.8=-656.8
y hat = -656.8 - (4.6 x 372) = -656.8 - 1711.2 = -2368
I'm getting the wrong answer
2 answers
68