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DATA1001/1901 (ND) Revision Quiz 5

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A car manufacturer wants to predict the mileage (y) of their cars based on the engine size (x) in litres. The regression model output is: lm(formula = y ~ x) Coefficients: (Intercept)       x      30.0       -5.0 Which of the following statements is true?

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We start by restating the scenario and what the regression output tells us. The model y ~ x has an intercept of 30.0 and a slope for x of -5.0. This means two things: at x = 0, the predicted mileage is 30 units (whatever the unit is), and for every 1 unit increase in engine size x (in litres), the predicted mileage y decreases by 5 units. Now, evaluate the implications step by step: ......Login to view full explanation

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