Find for the Given Values of N, X, and P

question 155

Short Answer

Find for the given values of n, x, and p. Round the answer to four decimal places, if necessary.
n = 8, x = 4, p = = __________

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Definitions:

Regression Formula

An equation that describes the statistical relationship between one or more predictor variables and the response variable.

Slope

The measure of the steepness or incline of a line, defined as the ratio of the vertical change to the horizontal change between two points on the line.

Regression Formula

A mathematical equation used in statistical analysis to predict the value of a dependent variable based on the value(s) of one or more independent variables.

Predicted Income

An estimate of the amount of money an individual, business, or organization is expected to receive over a specific period.