Statistics students in Oxnard College sampled 9 textbooks in the
Condor bookstore and recorded the number of pages in each textbook
and its cost. The bivariate data are shown below:
Number of Pages (xx) | Cost(yy) |
---|---|
863 | 133.82 |
226 | 53.64 |
584 | 95.76 |
627 | 105.78 |
449 | 86.86 |
630 | 100.2 |
512 | 97.68 |
729 | 117.06 |
889 | 148.46 |
A student calculates a linear model
yy = xx + . (Please show your answers to two decimal
places)
Use the model to estimate the cost when number of pages is
331.
Cost = $ (Please show your answer to 2 decimal places.)
The detailed solution is given in the pictures below. All answers are approximated and properly rounded off.
Please go through them carefully specially the notations.
Hope the solution helps. Thank you.
(Please do comment if further help is required)
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