Statistics students in Oxnard College sampled 11 textbooks in the Condor bookstore and recorded the number of pages in each textbook and its cost. The bivariate data are shown below: Number of Pages (x) Cost(y) 590 71.1 608 75.72 633 67.97 801 99.09 314 39.26 590 62.1 836 86.24 348 58.32 828 90.52 884 87.56 345 57.05 A student calculates a linear model (Please show your answers to two decimal places) Use the model to estimate the cost when number of pages is 788. Cost = $ (Please show your answer to 2 decimal places.) Hint: Textbook Pages Heln
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
Step by step
Solved in 3 steps with 3 images
