16. If the distance increases by 100 kilometers, the expected increase of shipping cost is closest to (a) $3.5 (b) $5.0 (c) $6.5 (d) $8.0 (e) $9.5 17. What is the estimated shipping cost when the distance is 2200 kilometers? (a) 75 (b) 87 (c) 95 (d) 103 (e) none of these

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 7E
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Questions 16–17. Use the following information.
The rising price of petroleum products has led to continually increasing costs to the manufacturer
for shipping goods to the market. In a study of shipping costs (Y in dollars) and distance (X in 100
kilometers), a random sample of 9 observations gives the following summarized results.
Standard Deviation
Mean
20
5
Y
80
25
The correlation coefficient between X and Y is 0.7.
16.
If the distance increases by 100 kilometers, the expected increase of shipping cost is closest to
(a) $3.5
(b) $5.0
(c) $6.5
(d) $8.0
(e) $9.5
17.
What is the estimated shipping cost when the distance is 2200 kilometers?
(a) 75
(b) 87
(с) 95
(d) 103
(e) none of these
Transcribed Image Text:Questions 16–17. Use the following information. The rising price of petroleum products has led to continually increasing costs to the manufacturer for shipping goods to the market. In a study of shipping costs (Y in dollars) and distance (X in 100 kilometers), a random sample of 9 observations gives the following summarized results. Standard Deviation Mean 20 5 Y 80 25 The correlation coefficient between X and Y is 0.7. 16. If the distance increases by 100 kilometers, the expected increase of shipping cost is closest to (a) $3.5 (b) $5.0 (c) $6.5 (d) $8.0 (e) $9.5 17. What is the estimated shipping cost when the distance is 2200 kilometers? (a) 75 (b) 87 (с) 95 (d) 103 (e) none of these
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