This data table contians the listed prices and weights of the diamonds in 48 rings offered for sale in The Singapore Times. The prices are in Singapore dollars, with the weights in crats. Estimate the linear regression using weight as the explanatory variable and price as the response variable using the following two methods: a) Create a scatterplot with trendline (be sure to show the equation and R-square on the chart.) b) Use the Data Analysis Toolpak to do the work for you.

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
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Chapter9: Solving Quadratic Functions
Section: Chapter Questions
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This data table contians the listed prices and weights of the diamonds in 48 rings offered for sale in The
Singapore Times. The prices are in Singapore dollars, with the weights in crats. Estimate the linear
regression using weight as the explanatory variable and price as the response variable using the
following two methods:
a) Create a scatterplot with trendline (be sure to show the equation and R-square on the chart.)
b) Use the Data Analysis Toolpak to do the work for you.
Transcribed Image Text:This data table contians the listed prices and weights of the diamonds in 48 rings offered for sale in The Singapore Times. The prices are in Singapore dollars, with the weights in crats. Estimate the linear regression using weight as the explanatory variable and price as the response variable using the following two methods: a) Create a scatterplot with trendline (be sure to show the equation and R-square on the chart.) b) Use the Data Analysis Toolpak to do the work for you.
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