You are interested in understanding why some people send more e-mail messages than others do. One possible explanation may be the age of the individual. Older people tend to be less computer savvy, and may have fewer friends who use e-mail

You examine the number of e-mails a person sends weekly using regression analysis and come up with the following equation of the regression line:Number of e-mails = 63 - 0.5 Age. Interpret these results.

There appears to be a negative relationship between the age of a person and the number of messages they send.
The Y intercept b0 = 63 is meaningless in this situation.
The slope b1 = -0.5. This means that for each year older a person is, we would expect them to send approximately 0.5 fewer e-mails per week.

Business

You might also like to view...

General Electric's Trading Process Network primarily handles transactions between _______________.

a) individual customers b) companies and individual customers c) companies and their shipping firms d) companies and their distributors e) companies and their suppliers

Business

Sanguine Services is a small company that uses a marketing strategy in which its limited resources are employed to target a large share of two small market segments. Sanguine most likely uses which of the following marketing strategies?

A) individual marketing B) one-to-one marketing C) mass marketing D) concentrated marketing E) trigger-based marketing

Business