Situation: The Ipod Touch has been out for two years now and a lot of data has been collected. Relevant Relationship: There is a functional relationship between Price of an IPod Touch,pp and Weekly Demand,ss. Below is a table of data that have been collected Price,pp,($) Weekly Demand,ss,(1,000s) 150 213 170 206 190 191 210 185 230 181 250 175 A.. Find the linear model that best fits this data using regression and enter the model below (for entry round the linear parameter value to nearest 0.01 and constant parameter to nearest 1) s=T(p)=

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Situation: The Ipod Touch has been out for two years now and a lot of data has been collected.

Relevant Relationship:

There is a functional relationship between Price of an IPod Touch,pp and Weekly Demand,ss.

Below is a table of data that have been collected

Price,pp,($) Weekly Demand,ss,(1,000s)
150 213
170 206
190 191
210 185
230 181
250 175



A.. Find the linear model that best fits this data using regression and enter the model below

(for entry round the linear parameter value to nearest 0.01 and constant parameter to nearest 1)

s=T(p)=

 

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