(Enter only a number in the response box, not the units) The yield of wool in a particular farm is modeled by a linear function P(t)=90t+3,450P𝑡=90𝑡+3,450 , where P(t)𝑃𝑡 is measured in kg and t𝑡 in years. What is the initial production? P(0)=𝑃0= kg. What is the prediction for the production in 8 years? P(8)=𝑃8= kg. The value in 8 years is P(8)=4,056𝑃8=4,056 kg. What is the absolute error of this model at t=8𝑡=8 ? Absolute error = kg. What is the percentage error? Round the answer to one decimal place. Percentage error = %
Question
(Enter only a number in the response box, not the units) The yield of wool in a particular farm is modeled by a linear function P(t)=90t+3,450P𝑡=90𝑡+3,450 , where P(t)𝑃𝑡 is measured in kg and t𝑡 in years. What is the initial production? P(0)=𝑃0= kg. What is the prediction for the production in 8 years? P(8)=𝑃8= kg. The value in 8 years is P(8)=4,056𝑃8=4,056 kg. What is the absolute error of this model at t=8𝑡=8 ? Absolute error = kg. What is the percentage error? Round the answer to one decimal place. Percentage error = %
Solution
To answer these questions, we need to use the given linear function P(t) = 90t + 3450.
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The initial production is found by substituting t = 0 into the function. So, P(0) = 90(0) + 3450 = 3450 kg.
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The prediction for the production in 8 years is found by substituting t = 8 into the function. So, P(8) = 90(8) + 3450 = 3970 kg.
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The given value in 8 years is P(8) = 4056 kg.
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The absolute error of this model at t = 8 is the difference between the predicted value and the given value. So, Absolute error = |P(8) - given value| = |3970 - 4056| = 86 kg.
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The percentage error is the absolute error divided by the given value, multiplied by 100. So, Percentage error = (Absolute error / given value) * 100 = (86 / 4056) * 100 = 2.12%. Rounded to one decimal place, the percentage error is 2.1%.
Similar Questions
Consider the following output for a linear model for estimating the salary of employees at a company (in $) by the number of years employed at the company. > technitron.lm = lm(salary ~ yrs.empl, data = technitron.df)> newdata = list(yrs.empl = c(6, 8))> predict(technitron.lm, newdata, interval = "confidence") fit lwr upr1 35037.47 32582.25 37492.692 37251.91 35024.31 39479.50> predict(technitron.lm, newdata, interval = "prediction") fit lwr upr1 35037.47 20396.88 49678.062 37251.91 22647.76 51856.05Give the appropriate interval for the average salary of employees who have been employed for 6 years.Group of answer choices(32582.25, 37492.69)(20396.88, 49678.06)(35024.31, 39479.50)(22647.76, 51856.05)
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predicted received = 6.922 + 1.053 *sent,If, on a particular day, the lecturer sends 40 emails and receives 40 emails, that would mean that the prediction error for this day is approximately 9. Using the training data of 159 emails and the equation of the fitted line in Question 11, determine an appropriate error amount for a prediction model. Write the equation for this prediction model which includes the error term. In no more than one sentence, discuss a possible limitation of using this model to calculate a prediction interval for the number of emails received by this lecturer on a day where the lecturer sends 80 emails.
Suppose for a particular week, the forecasted sales were $4,000. The actual sales were $3,000. What is the value of the mean absolute percentage error?
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