You are deciding whether to buy a car for $ or to accept a lease agreement. The lease entails a $ fee plus monthly payments of $ for months. Under the lease agreement, you are responsible for service on the car and insurance. At the end of the lease, you may purchase the car for $. Complete parts a through c below.

y = 7.8x + 26

Step-by-step explanation:

Given the following :

Pearson's r = 0.78

Average consumption of ice cream = 5 grams per week (m) with Standard deviation (sd) = 1.5 grams

Average weight = 65 kg with standard deviation of 15kg

Formular for the regression line :

General regression formula :

y = mx + c

y = predicted variable ; m = slope or gradient ; x = predictor variable ; c = intercept

Gradient (m) = change in y / change in x

m = (sd y / sd x) * r

m = (sd weight / sd ice cream) × r

m = (15 / 1.5) × r

m = 10 × 0.78 = 7.8

Intercept:

mean of weight(y) - [Slope×mean of icecream(x)]

65 - [7.8 × 5]

65 - 39 = 26

Hence,

y = 7.8x + 26