2. Supply an answer for the following senarios: a. For a textbook with 400 pages, predict the cost. b. For a textbook with 600 pages, predict the cost. 3. Obtain the graph on your calculator or computer. Sketch the regression line. Figure 12.23 Discussion Questions 1. Answer each question in complete sentences. a. Does the line seem to fit the data? Why? b. What does the correlation imply about the relationship between the number of pages and the cost?
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
![2. Supply an answer for the following senarios:
a. For a textbook with 400 pages, predict the cost.
b. For a textbook with 600 pages, predict the cost.
3. Obtain the graph on your calculator or computer. Sketch the regression line.
Figure 12.23
Discussion Questions
1. Answer each question in complete sentences.
a. Does the line seem to fit the data? Why?
b. What does the correlation imply about the relationship between the number of
pages and the cost?
2. Are there any outliers? If so, which point(s) is an outlier?
3. Should the outlier, if it exists, be removed? Why or why not?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7c547c67-bb44-481b-9f8b-b9a46a290a50%2F926cca21-8bfb-4fd2-b296-0669612245dc%2Fzjyl379_processed.jpeg&w=3840&q=75)
![Lab 12.1
1. For Lab 12.1, use the following table to determine if there is a correlation between the price of a text
book and the number of pages. The lab requires only 10 text books, so just use the first 10 entries
from the table below.
Pages versus Prke for Books,
Type H = hardcover,
S= softcover
Price
Type
Poges
100
188
220
264
336
342
378
395
417
17
436
458
466
169
SB5
32.95
24.95
49.95
79.95
4.50
49.95
4.95
5.99
4.95
39.75
5.95
60.00
49.95
5.99
5.95
2. As usual, upload a scan or photo, or type out your lab.
3.Lab 12.1.pdf
SS](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7c547c67-bb44-481b-9f8b-b9a46a290a50%2F926cca21-8bfb-4fd2-b296-0669612245dc%2Fqwdm4k7_processed.jpeg&w=3840&q=75)
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