carminecod65Lv1
16 Nov 2021
Problem 82g
Page 684
Section: BRINGING IT TOGETHER: HOMEWORK
Chapter 12: LINEAR REGRESSION AND CORRELATION
Textbook ExpertVerified Tutor
16 Nov 2021
Given information
- Given : Table is
- Does it appear that a line is the best way to fit the data.
Step-by-step explanation
Step 1.
Yes, it appears that a line is the best way to fit the data.
This is so because on observing the scatterplot created in part , all the dotted points are lying on the straight line.
Also, the value of is . It means that the plotted straight line equation is able to explain variation in the dependent variable "cost" and only variation remains unexplained.
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