25. Gas Prices One gas station not included in the table below had a listed price of $2.78 for regular gas. the actual price of $2.93 for premium gas? Find the best predicted price of premium gas at this station. Is the result close to Regular 2.77 2.77 2.79 2.81 2.78 2.86 2.75 2.77 Mid-Grade 3.00 2.77 2.89 2.93 2.93 2.96 2.86 2.91 Premium 3.07 3.09 3.00 3.06 3.03 3.06 3.02 3.03

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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25. Gas Prices One gas station not included in the table below had a listed price of $2.78 for
regular gas. Find the best predicted price of premium gas at this station. Is the result close to
the actual price of $2.93 for premium gas?
Regular
2.77
2.77
2.79
2.81
2.78
2.86
2.75
2.77
Mid-Grade
3.00
2.77
2.89
2.93
2.93
2.96
2.86
2.91
Premium
3.07
3.09
3.00
3.06
3.03
3.06
3.02
3.03
Transcribed Image Text:25. Gas Prices One gas station not included in the table below had a listed price of $2.78 for regular gas. Find the best predicted price of premium gas at this station. Is the result close to the actual price of $2.93 for premium gas? Regular 2.77 2.77 2.79 2.81 2.78 2.86 2.75 2.77 Mid-Grade 3.00 2.77 2.89 2.93 2.93 2.96 2.86 2.91 Premium 3.07 3.09 3.00 3.06 3.03 3.06 3.02 3.03
Regression and Predictions. Exercises 13-28 use the same data sets as Exercises 13-28
in Section 10-2. In each case, find the regression equation, letting the first variable be
the predictor (x) variable. Find the indicated predicted value by following the prediction
procedure summarized in Figure 10-5.
Transcribed Image Text:Regression and Predictions. Exercises 13-28 use the same data sets as Exercises 13-28 in Section 10-2. In each case, find the regression equation, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure 10-5.
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