Question

Make sure you have R open and working before starting this quiz. You will need to use it to complete the quiz.

You will be using the data from Packages.csv. Make sure you set up you working directory and read the file correctly.

2. What is the correct model equation based on the results of the linear regression model?

Group of answer choices

a. driversworking=4944*fuelcost+186404

b. fuelcost=4944*driversworking+186404

c. driversworking=0.000002*fuelcost

d. driversworking=0.000002*fuelcost+2.35

e. fuelcost=0.000002*driversworking+2.35

Answer 1

The correct model equation based on the results of the linear regression model is driversworking = 0.000002 * fuelcost + 2.35 (Option d).

Step-by-step explanation:

The correct model equation based on the results of the linear regression model is driversworking = 0.000002 * fuelcost + 2.35 (Option d).

To determine the correct model equation, we need to look at the coefficients generated by the linear regression model. The coefficient for the fuelcost variable is 0.000002, which represents the slope of the line. The intercept term is 2.35, which represents the value of driversworking when the fuelcost is zero.