The data table found below contains the listed prices and weights of the diamonds in 20 rings offered for sale in a newspaper in a foreign city. The prices are in local dollars with the weights in carats. Complete parts (a) through (g) below. Click the icon to view the data table. (a) Scatterplot the listed prices of the rings on the weights of the rings. Does the trend in the average price seem linear? Which scatterplot below shows the listed prices of the rings on the weights of the rings? OA. OB. Oc. O D. 1400 1400 0.5 1400 Price (dollars) 1400 Price (dollars) 0.5 0.5 Weight (carats) Weight (carats) Does there seem to be a linear trend? O A. Yes, because the scatterplot shows an approximate linear pattern. O B. No, because the scatterplot shows an obvious curved line. OC. No, because the scatterplot does not show any obvious pattern. O D. Yes, because the scatterplot does not show any obvious pattern. (b) Estimate the linear equation using least squares. Interpret the fitted intercept and slope. Be sure to include their units. Note if either estimate represents a large extrapolation and is consequently not reliable. Complete the equation for the fitted line below. Estimated Price (local dollars) =O+O Weight (carats) Weight (carats)

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Weight (carats)
Price (dollars)
0.13
0.25
0.18
0.13
0.30
0.32
0.14
0.39
0.32
0.33
0.39
0.14
0.28
239
691
463
247
909
940
240
1,168
948
953
1,213
311
754
1,164
455
0.37
0.20
0.24
0.39
0.21
622
1,173
538
716
0.26
0.11
202
Transcribed Image Text:Weight (carats) Price (dollars) 0.13 0.25 0.18 0.13 0.30 0.32 0.14 0.39 0.32 0.33 0.39 0.14 0.28 239 691 463 247 909 940 240 1,168 948 953 1,213 311 754 1,164 455 0.37 0.20 0.24 0.39 0.21 622 1,173 538 716 0.26 0.11 202
The data table found below contains the listed prices and weights of the diamonds in 20 rings offered for sale in a newspaper in a foreign city. The prices are in local dollars with the weights in
carats. Complete parts (a) through (g) below.
Click the icon to view the data table.
(a) Scatterplot the listed prices of the rings on the weights of the rings. Does the trend in the average price seem linear?
Which scatterplot below shows the listed prices of the rings on the weights of the rings?
O A.
OB.
OC.
OD.
Q
Q
1400,
1400,
1400
Price (dollars)
0.5
0.5
1400
Price (dollars)
Weight (carats)
Weight (carats)
Does there seem to be a linear trend?
O A. Yes, because the scatterplot shows an approximate linear pattern.
O B. No, because the scatterplot shows an obvious curved line.
OC. No, because the scatterplot does not show any obvious pattern.
O D. Yes, because the scatterplot does not show any obvious pattern.
(b) Estimate the linear equation using least squares. Interpret the fitted intercept and slope. Be sure to include their units. Note if either estimate represents a large extrapolation and is
consequently not reliable.
Complete the equation for the fitted line below.
Estimated Price (local dollars) = D•O Weight (carats)
Weight (carats)
Transcribed Image Text:The data table found below contains the listed prices and weights of the diamonds in 20 rings offered for sale in a newspaper in a foreign city. The prices are in local dollars with the weights in carats. Complete parts (a) through (g) below. Click the icon to view the data table. (a) Scatterplot the listed prices of the rings on the weights of the rings. Does the trend in the average price seem linear? Which scatterplot below shows the listed prices of the rings on the weights of the rings? O A. OB. OC. OD. Q Q 1400, 1400, 1400 Price (dollars) 0.5 0.5 1400 Price (dollars) Weight (carats) Weight (carats) Does there seem to be a linear trend? O A. Yes, because the scatterplot shows an approximate linear pattern. O B. No, because the scatterplot shows an obvious curved line. OC. No, because the scatterplot does not show any obvious pattern. O D. Yes, because the scatterplot does not show any obvious pattern. (b) Estimate the linear equation using least squares. Interpret the fitted intercept and slope. Be sure to include their units. Note if either estimate represents a large extrapolation and is consequently not reliable. Complete the equation for the fitted line below. Estimated Price (local dollars) = D•O Weight (carats) Weight (carats)
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