8. The following table gives the annual return, the safety rating (0 riskiest, 10 safest),...

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8. The following table gives the annual return, the safety rating (0  riskiest, 10  safest), and the annual expense ratio for 20 foreign funds (Mutual Funds, March 2000).

a. Determine the estimated regression equation that can be used to predict the price of a backpack given the capacity and the comfort rating.

b. Interpret b1 and b2.

c. Predict the price for a backpack with a capacity of 4500 cubic inches and a comfort rating of 4.

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Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

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