Difference in age of the two partners

Assignment Help Accounting Basics

Reference no: EM131008346

Ages of couples 2007. In Exercise 21 we looked at the age at which women married as one of the variables consid- ered by those selling wedding services. Another variable of concern is the difference in age of the two partners. The graph shows the ages of both men and women at first marriage. (www.census.gov)

a) Interpret the slope of this line in context.

b) Explain why it's silly to attach any meaning to the y-intercept.

c) When this model predicts high Fuel Efficiency, what can you say about those predictions?

d) What Fuel Efficiency does the model predict when the car is driven at 50 mph?

e) What was the actual Fuel Efficiency when the car was driven at 45 mph?

f) Do you think there appears to be a strong association between Speed and Fuel Efficiency? Explain.

g) Do you think this is the appropriate model for that association? Explain.

Reference no: EM131008346

Questions Cloud

When determining the amount of cash paid for income taxes : When determining the amount of cash paid for income taxes, what would be indicated by an increase in the deferred income tax liability account?

Develop a business intelligence application : This capstone project requires students to employ the knowledge and skills assimilated in the prerequisite courses to design and develop a business intelligence application that leads to direct and measurable value for an organization.

Does appear to be relationship be- tween fat and sodium : Consumer Reports Health (www.consumer reports.org) gave the accompanying data on saturated fat (in grams), sodium (in mg), and calories for 36 fast-food items. Construct a scatterplot using y = sodium and x = fat. Does there appear to be a rel..

Conference on customer service and satisfaction : Customer Satisfaction Strategies." I understand the seminar will take place March 15 and will require you to miss a full day of work. This memo is to inform the staff that Ellen Tucker, Ryan Ho, and Sal Avila will be gone March 15 to attend the co..

Difference in age of the two partners : Ages of couples 2007. In Exercise 21 we looked at the age at which women married as one of the variables consid- ered by those selling wedding services. Another variable of concern is the difference in age of the two partners. The graph shows the a..

Produce a regression line with slope : The extra point, part 2. The original five points in Exercise 33 produce a regression line with slope 0. Match each of the green points (a-e) with the slope of the line after that one point is added:

When using the indirect method of determining net cash flows : When using the indirect method of determining net cash flows from operating activities, how are revenues and expenses reported on the statement of cash flows if their cash effects are identical to the amounts reported in the income statement?

What is likely to be true of shape of histogram of scores : An exam is given to students in an introductory statistics course. What is likely to be true of the shape of the histogram of scores if the exam is quite easy?

Five positions suggested below in green : The extra point. The scatterplot shows five blue data points at the left. Not surprisingly, the correlation for these points is r = 0. Suppose one additional data point is added at one of the five positions suggested below in green. Match each poin..

User Account

All Pages