he following data give the average price received by fishermen for several species of fish in 2000 and 2010. The price is in cents per pound.   Fish Year 2000 Price (x) Year 2010 Price (y) COD 13.1 43.3 FLOUNDER 15.3 141.1 HADDOCK 25.8 151.1 MENHADEN 1.8 71.6 PERCH 4.9 105.7 CHINOOK 55.4 160.3 COHO 39.3 181.5 ALBACORE 26.7 137.2 SOFT SHELLED CLAMS 47.5 157.7 LOBSTERS AMERICAN 94.7 370.7 SEA SCALLOPS 135.6 416.8 SHRIMP 47.6 151.6   Create a regression equation for the data. y^=  ________  Round to 2 decimal places. What is the correlation coefficient between the 2000 and 2010 prices.  Round to 2 decimal places. If a type of fish was 41.3 cents per pound in 2000, how much would you expect to pay for it in 2010?  __________¢/lbs Round to 1 decimal places.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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The following data give the average price received by fishermen for several species of fish in 2000 and 2010. The price is in cents per pound.

 

Fish Year 2000 Price (x) Year 2010 Price (y)
COD 13.1 43.3
FLOUNDER 15.3 141.1
HADDOCK 25.8 151.1
MENHADEN 1.8 71.6
PERCH 4.9 105.7
CHINOOK 55.4 160.3
COHO 39.3 181.5
ALBACORE 26.7 137.2
SOFT SHELLED CLAMS 47.5 157.7
LOBSTERS AMERICAN 94.7 370.7
SEA SCALLOPS 135.6 416.8
SHRIMP 47.6 151.6

 



  1. Create a regression equation for the data.

    y^=  ________  Round to 2 decimal places.

  2. What is the correlation coefficient between the 2000 and 2010 prices.

     Round to 2 decimal places.

  3. If a type of fish was 41.3 cents per pound in 2000, how much would you expect to pay for it in 2010?

     __________¢/lbs Round to 1 decimal places.
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