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The simple linear regression analysis for cost (y) vs. weight (x) is given below Cost = 0.22292738 + 1.5199193*weight R2 = 0.59211446 T-test for B1:
The simple linear regression analysis for cost (y) vs. weight (x) is given below Cost = 0.22292738 + 1.5199193*weight R2 = 0.59211446 T-test for B1: t=5.1117538 p<0.0001 95% confidence interval for B1: (0.895, 2.145) Use the equation above to predict the cost of shipping a package that weighs 10 lbs. $15.00 $15.42 $6.43 $0.22
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