A B C D E F G H | J K L M N P Q R S 4 Weight 5 in Carats Price 0.33 ########## Diamond Prices vs Carats Weight in Carats Mean: 0.57 Standard Deviation: 0.15 Correlation Coefficient: 0.937 Price ########## ########## $7,000.00 $6,000.00 is $5,000.00 Diamond Price $ $4,000.00 $3,000.00 $2,000.00 $1,000.00 $- 0.00 0.10 0.20 0.30 0.40 Weight in Carats 0.50 0.60 0.70 0.80 0.90 Calculate the percentage of variation in price that is accounted for by the change in size of the diamond (carats) 0.70 ########## entage of price variation caused by change in diamond size: Calculate the Slope and Y-Intercept 6 7 0.33 ########## 8 0. 39 #######: 9 0.40 ####### 10 0. 41 ####### 11 0. 42 ########## 12 0.42 ######## 13 0. 46 #####1 14 0.47 ####### 15 0. 48 ########## 16 0.51 ######### 17 0.56 ########## 18 0.61 ########## 19 0. 62 ######## 20 0.63 ######## 21 0. 64 ######## 22 0. 70 ########## 23 24 0. 71 ########## 25 0. 71 ######## 26 0. 71 ########## 27 0. 72 ######## 28 0. 75 #####1 29 0. 80 ###### 30 0. 83 ########## 31 32 33 34 35 36 37 38 39 40 41 42 43 44 K < > > Diamond prices vs carats + Slope: Y-Intercept: Equation: Price