Statistics students in Oxnard College sampled 10 textbooks in the Condor bookstore and recorded the number of pages in each textbook and its cost. The bivariate data are shown below: Number of Pages (x) | Cost(y) 430 56.6 392 50.04 944 129.28 721 92.52 355 42.6 327 50.24 623 81.76 877 106.24 260 50.2 862 122.44 A student calculates a linear model y = x + . (Please show your answers to two decimal places) Use the model to estimate the cost when number of pages is 538. Cost = $ (Please show your answer to 2 decimal places.)
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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