Using a calculator, estimate the CRIME_RATE when PROP_CHANGE_INCOME=25% (note that in the dataset, the proportions are analyzed as numbers 0-100%).   Estimated Crime Rate for someone who has a 25% change in Household income over the past several years: Estimated model: = y =  125.52814  - 1.94182(x) y = 125.52814 - 1.94182= 76.98264 Write down both possible interpretations of your estimate.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.2: Representing Data
Problem 10PPS
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  1. Using a calculator, estimate the CRIME_RATE when PROP_CHANGE_INCOME=25% (note that in the dataset, the proportions are analyzed as numbers 0-100%).

 

Estimated Crime Rate for someone who has a 25% change in Household income over the past several years:

Estimated model: = y =  125.52814  - 1.94182(x)

y = 125.52814 - 1.94182= 76.98264

Write down both possible interpretations of your estimate.

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