9
QuizMultiple Choice

Regression Models

Question 9 • [INMT3] Integrated Math 3 Sem 1 (26-27)

Company A: A 2-column table with 5 rows. The first column is labeled hours with entries 5, 12, 20, 29, 42. The second column is labeled earnings (dollar sign) with entries 340, 404, 460, 530, 630. Company B: A 2-column table with 5 rows. The first column is labeled hours with entries 4, 9, 20, 32, 39. The second column is labeled earnings (dollar sign) with entries 125, 234, 450, 668, 828.

Question illustration
Answer
A
Company A: Using linear regression models from both data sets, she determines that it pays about $14 more.
B
Company A: Using quadratic regression models from both data sets, she determines that it pays about $5 more.
C
Company B: Using linear regression models from both data sets, she determines that it pays about $10 more.
D
Company B: Using exponential regression models from both data sets, she determines that it pays about $8 more.
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