Disk drives have been getting larger. Their capacity is now often given in terabytes (TB) where 1 TB = 1000 gigabytes, or about a trillion bytes. A study of external disk drives finds the data available below. The least squares line was found to be Price = 14.00 + 66.457 Capacity with s. = 49.27 and SE(b,) = 13.2769. The assumptions and conditions for regression are met. Complete parts a through c below. E Click the icon to view the external disk drive data. a) Disk drives keep growing in capacity. Some tech experts now talk about the Petabyte (PB = 1000 TB = 1,000,000 GB) drives. What does this model predict that a Petabyte-capacity drive will cost? The predicted price of a 1 PB hard drive is $ (Round to the nearest cent as needed.) - X External Disk Drive Data Capacity (TB) Price ($) 0.15 36.00 0.25 38.95 0.32 50.50 1 85.00 110.00 140.00 350.00 115.78 110.27 4 Mean 1.53 1.51 SD Print Done

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Disk drives have been getting larger. Their capacity is now often given in terabytes (TB) where 1 TB = 1000 gigabytes, or about a trillion bytes. A study of external disk drives finds the data available below. The least squares line was
found to be Price = 14.00 + 66.457 Capacity with s. = 49.27 and SE (b,) = 13.2769. The assumptions and conditions for regression are met. Complete parts a through c below.
E Click the icon to view the external disk drive data.
a) Disk drives keep growing in capacity. Some tech experts now talk about the Petabyte (PB = 1000 TB = 1,000,000 GB) drives. What does this model predict that a Petabyte-capacity drive will cost?
The predicted price of a 1 PB hard drive is $
(Round to the nearest cent as needed.)
External Disk Drive Data
Capacity (TB)
0.15
0.25
0.32
Price ($)
36.00
38.95
50.50
85.00
110.00
140.00
350.00
115.78
110.27
4
Mean
1.53
SD
1.51
Print
Done
Transcribed Image Text:Disk drives have been getting larger. Their capacity is now often given in terabytes (TB) where 1 TB = 1000 gigabytes, or about a trillion bytes. A study of external disk drives finds the data available below. The least squares line was found to be Price = 14.00 + 66.457 Capacity with s. = 49.27 and SE (b,) = 13.2769. The assumptions and conditions for regression are met. Complete parts a through c below. E Click the icon to view the external disk drive data. a) Disk drives keep growing in capacity. Some tech experts now talk about the Petabyte (PB = 1000 TB = 1,000,000 GB) drives. What does this model predict that a Petabyte-capacity drive will cost? The predicted price of a 1 PB hard drive is $ (Round to the nearest cent as needed.) External Disk Drive Data Capacity (TB) 0.15 0.25 0.32 Price ($) 36.00 38.95 50.50 85.00 110.00 140.00 350.00 115.78 110.27 4 Mean 1.53 SD 1.51 Print Done
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