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. 6:12 P Question 1 ufz. Step 1 of6 Correct @ The table below gives the list price and the number of bids received for
. 6:12 \"P" Question 1 ufz. Step 1 of6 Correct @ The table below gives the list price and the number of bids received for five randomly selected items sold through online auctions. Using this data, considerthe equation ofthe regression line. 3." = bu + but. for predicting the number of bids an item will receive based on the list price. Keep in mind. the correlation coefcient may or may not be statistically significant for the data given. Remember. in practice. it would not be appropriate to use the regression line to make a prediction ifthe correlation coefcient is not statistically significant. PriceinDollars 27 28 29 34 38 NumberofBids 2 3 5 6 10 Table Copy Data Step 1 of6: Find the estimated slope Round your answer to three decimal places. Answer _ Tables Keypad How to enter your answer (opens in newI window} Keyboard Shortcuts
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