These data are for a sample of 10 college students who work at weekend jobs in restaurants. (a) Fit an "eyeball" regression equation to this scatter plot of Y = tips earned last weekend and X = hours worked.(b) Interpret the slope. (c) Interpret the intercept. Would the intercept have meaning in this example?© BrainMass Inc. brainmass.com December 24, 2021, 7:57 pm ad1c9bdddf
Clearly the line passes through (0,0). Thus the y intercept =0. Other two points in the line ...
The solution provides step by step method for the calculation of regression model for tips earned and hours worked . Formula for the calculation and Interpretations of the results are also included.