The number of megapixels in a digital camera is one of the most important factors in determining picture quality. But, do digital cameras with more megapixels cost more? The following data show the number of megapixels and the price ($) for 10 digital cameras(Consumer Reports, March 2009). Use these data to develop an estimated regression equation that can be used to predict the price of a digital camera given the number of megapixels. Brand and Model Megapixels Price (S) Canon PowerShot SD1100 IS Casio Exilim Card EX-510 180 200 230 10 Sony Cyber-shot DSC-T70 Pentax Optio M50 Canon PowerShot G10 120 470 140 180 310 15 Canon PowerShot A590 IS Canon PowerShot El 8 10 12 Fujifilm FinePix FOOFD Sony Cyber-shot DSC-W170 Canon PowerShot A470 10 250 7 110

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The number of megapixels in a digital camera is one of the most important
factors in determining picture quality. But, do digital cameras with more
megapixels cost more? The following data show the number of megapixels and
the price ($) for 10 digital cameras(Consumer Reports, March 2009). Use these
data to develop an estimated regression equation that can be used to predict
the price of a digital camera given the number of megapixels.
Brand and Model
Megapixels
Price (S)
Canon PowerShot SD1100 IS
Casio Exilim Card EX-510
8
180
200
230
10
Sony Cyber-shot DSC-T70
Pentax Optio M50
Canon PowerShot G10
120
470
15
8
Canon PowerShot A590 IS
Canon PowerShot El
140
180
10
12
Fujifilm FinePix FOOFD
Sony Cyber-shot DSC-W170
Canon PowerShot A470
310
10
250
110
Transcribed Image Text:The number of megapixels in a digital camera is one of the most important factors in determining picture quality. But, do digital cameras with more megapixels cost more? The following data show the number of megapixels and the price ($) for 10 digital cameras(Consumer Reports, March 2009). Use these data to develop an estimated regression equation that can be used to predict the price of a digital camera given the number of megapixels. Brand and Model Megapixels Price (S) Canon PowerShot SD1100 IS Casio Exilim Card EX-510 8 180 200 230 10 Sony Cyber-shot DSC-T70 Pentax Optio M50 Canon PowerShot G10 120 470 15 8 Canon PowerShot A590 IS Canon PowerShot El 140 180 10 12 Fujifilm FinePix FOOFD Sony Cyber-shot DSC-W170 Canon PowerShot A470 310 10 250 110
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