Assume you have noted the following prices for books and the number of pages that each book contains.

a.Develop a least-squares estimated regression line.
b.Compute the coefficient of determination and explain its meaning.
c.Compute the correlation coefficient between the price and the number of pages. Test to see if x and y are related. Use $\alpha$ = 0.10.

Question

Assume you have noted the following prices for books and the number of pages that each book contains.
  
a.Develop a least-squares estimated regression line.
b.Compute the coefficient of determination and explain its meaning.
c.Compute the correlation coefficient between the price and the number of pages. Test to see if x and y are related. Use $\alpha$ = 0.10.

Quizplus · Accepted Answer

The Answer of Assume you have noted the following prices for books and the number of pages that each book contains.
  
a.Develop a least-squares estimated regression line.
b.Compute the coefficient of determination and explain its meaning.
c.Compute the correlation coefficient between the price and the number of pages. Test to see if x and y are related. Use $\alpha$ = 0.10.

Assume You Have Noted the Following Prices for Books and the Number