Answered: Bicycling, the world's leading cycling…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter1: Expressions And Functions

Section1.5: Descriptive Modeling And Accuracy

Problem 11PPS

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Transcribed Image Text:Bicycling, the world's leading cycling magazine, reviews hundreds of bicycles throughout the year. Their "Road-Race" category contains reviews of bikes used by riders primarily interested in racing. One of the most important factors in selecting a bike for racing is the weight of the bike. The following data show the weight (pounds) and price ($) for 10 racing bikes reviewed by the magazine (Bicycling website). DATA file Brand FELT F5 PINARELLO Paris ORBEA Orca GDR EDDY MERCKX EMX-7 BH RC1 Ultegra BH Ultralight 386 CERVELO S5 Team GIANT TCR Advanced 2 WILIER TRIESTINA Gran Turismo (to 3 decimals) Weight Price ($) 17.8 16.1 14.9 15.9 Did the estimated regression equation provide a good fit? The estimated regression equation provided a - Select your answer - fit. c. Predict the price for a bike that weighs 15 pounds. (to whole number) 2100 6250 8370 6200 17.2 13.1 16.2 17.1 17.6 SPECIALIZED S-Works Amira SL4 14.1 8000 a. Use the data to develop an estimated regression equation that could be used to estimate the price for a bike given the weight. If required, enter negative values as negative numbers. Price = + Weight (to whole number) b. Compute ¹² Check My work (2 remaining) 4000 8600 6000 2580 3400

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