Following is an extract from the database of a
construction company. The table shows the height of walls in feet
and the cost of raising them. The estimated simple linear
regression equation is given as Ŷ = b0 + b1X. (Hint: Use Excel
functions).
Height (ft) | Cost ($) |
4 | 670 |
3 | 430 |
7 | 810 |
9 | 1100 |
6 | 790 |
8 | 880 |
5 | 760 |
11 | 1200 |
What is the estimated cost of raising a 10-inch wall?
Following is an extract from the database of a construction company. The table shows the height...