Statistics homework problem

Posted on 2014-03-18 09:37:00 in Statistics by BEENA P

When using population size as the explanatory variable,x, and broadband subscribers as the response variable, y, for data on the number of individuals in a country with broadband access and the population size 34 nations, the regression equation is

y= 4,986,423 + 0.0294x.



a. Interpret the slope of the regression equation. Is the association positive or negative?

b. Predict broadband subscribers at the (i) population size 7,017,126, (ii) population size 1,210,056,854

c.For one nation y=71,636,000, and x=320,034,895. Find the predicted broadband use and the residual for this nation.

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