Price in Dollars 106 108 117 181 193 Number of Bids 10 15 16 17 18 Table Step 1 of 6 : Find the estimated slope.
Price in Dollars 106 108 117 181 193 Number of Bids 10 15 16 17 18 Table Step 1 of 6 : Find the estimated slope.
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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auctions. Using this data, consider the equation of the regression line, yˆ=b0+b1x, for predicting the number of bids an item will receive based on the list price. Keep in mind, the
Price in Dollars | 106 | 108 | 117 | 181 | 193 |
---|---|---|---|---|---|
Number of Bids | 10 | 15 | 16 | 17 | 18 |
Table
Step 1 of 6 :
Find the estimated slope. Round your answer to three decimal places
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