Several bakeries in a town were asked the price for different amounts of donuts at their shop. The scatter plot with a line of best fit was created from the data gathered. Total Cost (in dollars) 896543NTO 7 0 Donut Pricing 0 1 2 3 4 5 6 7 8 Number of Donuts Part A: Estimate the correlation coefficient. Explain your reasoning for the given value. Part B: How many positive and negative residuals are there? Explain your reasoning. Part C: State the point with the largest absolute value residual and interpret the point in terms of the context of the data.
Several bakeries in a town were asked the price for different amounts of donuts at their shop. The scatter plot with a line of best fit was created from the data gathered. Total Cost (in dollars) 896543NTO 7 0 Donut Pricing 0 1 2 3 4 5 6 7 8 Number of Donuts Part A: Estimate the correlation coefficient. Explain your reasoning for the given value. Part B: How many positive and negative residuals are there? Explain your reasoning. Part C: State the point with the largest absolute value residual and interpret the point in terms of the context of the data.
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
Problem 2AGP
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