Is there a relationship between the weight of a mountain bike and its price? A lighter bike
Question:
a. You are shopping for a new bike. You are interested in whether and how weight affects the price. Which variable is the logical choice for the (i) explanatory variable, (ii) response variable?
b. Construct a scatterplot of price and weight. Does the relationship seem to be approximately linear? In what way does it deviate from linearity?
c. Use your software to verify that the correlation equals -0.32. Interpret it in context. Does weight appear to affect the price strongly in a linear manner?
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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