13.42 Mountain bike prices The Mountain Bike data file on the books website shows selling prices for

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13.42 Mountain bike prices The Mountain Bike data file on the book’s website shows selling prices for mountains bikes. When y = mountain bike price

($) is regressed on x1 = weight of bike (lbs) and x2 = the type of suspension 10 = full, 1 = front end2, yn = 2,741.62 - 53.752x1 - 643.595x2.

a. Interpret the estimated effect of the weight of the bike.

b. Interpret the estimated effect of the type of suspension on the mountain bike.

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Statistics The Art And Science Of Learning From Data

ISBN: 9781292164878

4th Global Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

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