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, consider the equation of the regression line,y

=b

0

+b

1

x

y^=b0+b1x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the correlation coefficient 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 if the correlation coefficient is not statistically significant.

Price in Dollars28

2833

3336

3642

4245

45Number of Bids1

17

78

89

910

10

Table

Copy Data

Step 1 of 6:Find the estimated slope. Round your answer to three decimal places.