The data in the accompanying table give the prices (in dollars) for gold link chains at the Web site of a discount jeweler. The data include the length of the chain (in inches) and its width (in millimeters). All of the chains are 14-carat gold in a similar link style. Use the price as the response. For one explanatory variable, use the width of the chain. For the second, calculate the "volume" of the chain as z times its length times the square of half the width, Volume =x Metric Length x (Width/2)?. To make the units of volume mm³, first convert the length to millimeters (25.4 mm =1 inch). Complete parts (a) through (e). E Click the icon to view the data table. (a) The explanatory variable Volume includes Width. Are these explanatory variables perfectly correlated? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. Yes O B. No, because the correlation is (Round to three decimal places as needed.)
The data in the accompanying table give the prices (in dollars) for gold link chains at the Web site of a discount jeweler. The data include the length of the chain (in inches) and its width (in millimeters). All of the chains are 14-carat gold in a similar link style. Use the price as the response. For one explanatory variable, use the width of the chain. For the second, calculate the "volume" of the chain as z times its length times the square of half the width, Volume =x Metric Length x (Width/2)?. To make the units of volume mm³, first convert the length to millimeters (25.4 mm =1 inch). Complete parts (a) through (e). E Click the icon to view the data table. (a) The explanatory variable Volume includes Width. Are these explanatory variables perfectly correlated? Select the correct choice below and, if necessary, fill in the answer box to complete your choice. O A. Yes O B. No, because the correlation is (Round to three decimal places as needed.)
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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Please help me answer this question 8

Transcribed Image Text:The data in the accompanying table give the prices (in dollars) for gold link chains at the Web site of a discount jeweler. The data include the length of the chain (in inches) and its width (in millimeters). All of the chains are 14-carat gold in a similar link style.
Use the price as the response. For one explanatory variable, use the width of the chain. For the second, calculate the "volume" of the chain as T times its lenath times the sauare of half the width, Volume =T Metric Length × (Width /2)2. To make the units of
volume mm3, first convert the length to millimeters (25.4 mm = 1 inch). Complete parts (a) through
- X
Click the icon to view the data table.
i
Data Table
(a) The explanatory variable Volume includes Width. Are these explanatory variables perfectly corr
ur choice.
O A. Yes
Price ($)
Width (mm)
Length (inch)
16
16
16
18
18
67.96
1.1
B. No. because the correlation is
95.08
1.5
2.3
(Round to three decimal places as needed.)
132.13
55.15
1.1
1.5
2.3
3.1
148.48
18
18
18
224.95
372.91
612.61
70.52
4.0
20
1.1
127.34
20
1.5
2.3
247.85
20
407.46
20
3.1
685.62
266.78
454.29
20
4.0
22
2.3
22
3.1
81.35
24
1.1
193.19
295.76
451.29
877.01
24
1.5
24
2.3
24
3.1
24
4.0
249.86
30
1.9
372.03
30
2.3
Print
Done
-5 3 -

Transcribed Image Text:The data in the accompanying table give the prices (in dollars) for gold link chains at the Web site of a discount jeweler. The data include the length of the chain (in inches) and its width (in millimeters). All of the chains are 14-carat gold in a similar link style.
Use the price as the response. For one explanatory variable, use the width of the chain. For the second, calculate the "volume" of the chain as t times its length times the square of half the width, Volume = T Metric Length x (Width / 2). To make the units of
volume mm3, first convert the length to millimeters (25.4 mm = 1 inch). Complete parts (a) through (e).
Click the icon to view the data table.
(a) The explanatory variable Volume includes Width. Are these explanatory variables perfectly correlated? Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
O A. Yes
O B. No, because the correlation is.
(Round to three decimal places as needed.)
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