=+6. Here are prices for the external disk drives we saw in Chapter 15, Exercise 10: Capacity

Question:

=+6. Here are prices for the external disk drives we saw in Chapter 15, Exercise 10:

Capacity (in TB) Price (in $)

0.15 35.00 0.25 39.95 0.32 49.95 1.0 75.00 2.0 110.00 3.0 140.00 4.0 325.00 x = 1.53 y = 110.7 SD1x2 = 1.515 SD1y2 = 102.049 The least squares line is Price = 15.11 + 62.417 Capacity.

The assumptions and conditions for regression are met.

SE1b12 = 11.33 and se = 42.04

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

ISBN: 978-1292243726

3rd Edition

Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman

Question Posted: