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Bicycling, the world's leading cycling magazine, reviews hundreds of bicycles throughout the year. Their Road-Race category contains reviews of bikes used by riders primarily Interested

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Bicycling, the world's leading cycling magazine, reviews hundreds of bicycles throughout the year. Their "Road-Race" category contains reviews of bikes used by riders primarily Interested In racing Brand Weight Price ($) FELT F5 17.8 2,100 PINARELLO Paris 16.1 6,250 ORBEA Orca GDR 14.9 8,370 EDDY MERCKX EMX-7 15.9 6,200 BH RC1 Ultegra 17.2 4,000 BH Ultralight 386 13.1 8,600 CERVELO S5 Team 16.2 6,000 GIANT TCR Advanced 2 17.1 2,580 WILIER TRIESTINA Gran Turismo 17.6 3,400 SPECIALIZED S-works Amira SL4 14.1 8,000 (a) Use the data to develop an estimated regression equation that could be used to estimate the price for a bike given the weight. (Round your numerical values to the nearest integer). (b) Computer. (Round your answer to three decimal places.) Did the estimated regression equation provide a good fit? The estimated regression equation provided a good fit, since 2 2 0.55. The estimated regression equation provided a good fit, since r

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