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(iii) (iv) important factors in selecting a bicycle for racing is its weight. The following data show the weight (pounds) and price ( $ )
(iii) (iv) important factors in selecting a bicycle for racing is its weight. The following data show the weight (pounds) and price ( $ ) for 10 racing bicycles reviewed by the magazine. Click on the datafile logo to reference the data. DATA files (a) Choose a scatter chart below with weight as the independent variable. What does the scatter chart indicate about the relationship between the weight and price of these bicycles? The scatter chart indicates there may be a linear relationship between weight and price. Let x represent the bicycle weight. If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300 ) y ^ ? = + x interpretation of ? 0 ? is not reasonable, but the interpretation of ? 1 ? is reasonable. interpretations are reasonable. not reasonable, but the interpretation of ? 1 ? is reasonable. interpretations are reasonable. (d) How much of the variation in the prices of the bicycles in the sample does the linear regression model you estimated in part (b) explain? If required, round your answer to two decimal places. % If required, round your answer to the nearest whole number. Do not round intermediate calculations. $ estimated in part (a), what decision should the owner of Michele's Bikes make
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