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Time left 2:11:22 Consider the following scatterplot which shows the relationship between weekly customers and costs $40,000.00 y = 18x + 24600 R2 = 0.81
Time left 2:11:22 Consider the following scatterplot which shows the relationship between weekly customers and costs $40,000.00 y = 18x + 24600 R2 = 0.81 $30,000.00 ... .." Costs $20,000.00 $10,000.00 $0.00 0 200 400 600 Customers Coefficients Standard Error P-value 95% confidence interval Intercept 24,600 Not required Not required Not required costs 18 2 1.8e-08 Between 14 and 22 a) Describe the relationship between the two variables b) Explain why there is strong evidence of a relationship between the variables c) Interpret the coefficient of determination R
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