Compute the Least-Squares Regression Line for Predicting the Temperature from the Chirp

question 214

Multiple Choice

Compute the least-squares regression line for predicting the temperature from the chirp rate.
-The common cricket can be used as a crude thermometer. The colder the temperature, the slower the rate of chirping. The table below shows the average chirp rate of a cricket at various temperatures. $\begin{array}{cc}\hline \begin{array}{c}\text { Chirp Rate } \\\text { (chirps/second) }\end{array} & \begin{array}{c}\text { Temperature } \\\left({ }^{\circ} \mathrm{F}\right) \end{array} \\\hline 3.8 & 71.2 \\2.3 & 52 \\2.2 & 48.9 \\1.1 & 34.5 \\1.5 & 53.8 \\1.2 & 42.9 \\\hline\end{array}$

• A) \(y \approx 11.09 + 28.18 x\)
• B) \(y \approx 13.59 + 28.18 x\)
• C) \(y \approx 28.18 + 11.09 x\)
• D) \(y \approx 28.18 + 13.59 x\)

Identify deductible business expenses and understand the criteria for their deductibility.

Evaluate the tax implications of travel expenses related to business activities.

Understand the treatment of business losses, including deductions related to bad debts and casualty losses.

Identify and calculate the maximum deduction limits under Section 179 and bonus depreciation.

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