correlation is now 0.988 and other summary statisti Click the icon to view the original data. Click the icon to view the summary statistics for the a drive has a capacity of 4.00 TB (or 2 SD above th drive to cost? Txnected con standard deeviations

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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E2

A survey of prices for external disk drives found the accompanying data, where 1 TB = 1000 gigabytes. Some research on the prices discovered that the 190 GB
hard drive was a special "hardened" drive designed to resist physical shocks. Because it is completely different from the other drives, it was removed from the data.
The correlation is now 0.988 and other summary statistics are shown in the accompanying popup window. Complete parts a and b.
Click the icon to view the original data.
Click the icon to view the summary statistics for the data with the 190 GB hard drive removed.
a) If a drive has a capacity of 4.00 TB (or 2 SD above the mean of 1.13 TB), how many standard deviations above or below the mean price of $125.67 do you expect
the drive to cost?
The expected cost is standard deviations
the mean price.
(Type an integer or decimal rounded to two decimal places as needed.)
Transcribed Image Text:A survey of prices for external disk drives found the accompanying data, where 1 TB = 1000 gigabytes. Some research on the prices discovered that the 190 GB hard drive was a special "hardened" drive designed to resist physical shocks. Because it is completely different from the other drives, it was removed from the data. The correlation is now 0.988 and other summary statistics are shown in the accompanying popup window. Complete parts a and b. Click the icon to view the original data. Click the icon to view the summary statistics for the data with the 190 GB hard drive removed. a) If a drive has a capacity of 4.00 TB (or 2 SD above the mean of 1.13 TB), how many standard deviations above or below the mean price of $125.67 do you expect the drive to cost? The expected cost is standard deviations the mean price. (Type an integer or decimal rounded to two decimal places as needed.)
O Original Data
Capacity (in TB)
Price (in $)
0.080
28.99
0.130
35.45
0.190
172.79
0.300
46.00
0.410
53.00
1.0
156.49
2.0
183.79
4.0
375.99
Print
Done
Transcribed Image Text:O Original Data Capacity (in TB) Price (in $) 0.080 28.99 0.130 35.45 0.190 172.79 0.300 46.00 0.410 53.00 1.0 156.49 2.0 183.79 4.0 375.99 Print Done
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