The table below lists weights (carats) and prices (dollars) of randomly selected diamonds. Find the (a) explained variation, (b) unexplained variation, and (c) indicated prediction interval. There is sufficient evidence to support a claim of a linear correlation, so it is reasonable to use the regression equation when making predictions. For the prediction interval, use a 95% confidence level with a diamond that weighs 0.8 carats. Weight Price a. Find the explained variation. 0.3 $500 (Round to the nearest whole number as needed.) 0.4 $1165 0.5 $1350 0.5 $1404 1.0 $5655 0.7 $2283 D

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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The table below lists weights (carats) and prices (dollars) of randomly selected diamonds. Find the (a) explained variation, (b) unexplained variation, and (c) indicated prediction interval. There is sufficient
evidence to support a claim of a linear correlation, so it is reasonable to use regression equation when making predictions. For the prediction interval, use a 95% confidence level with a diamond that
weighs 0.8 carats.
Weight
Price
a. Find the explained variation.
0.3
$500
(Round to the nearest whole number as needed.)
0.4
$1165
0.5
$1350
G
0.5
$1404
1.0
$5655
0.7
$2283
Q
Transcribed Image Text:The table below lists weights (carats) and prices (dollars) of randomly selected diamonds. Find the (a) explained variation, (b) unexplained variation, and (c) indicated prediction interval. There is sufficient evidence to support a claim of a linear correlation, so it is reasonable to use regression equation when making predictions. For the prediction interval, use a 95% confidence level with a diamond that weighs 0.8 carats. Weight Price a. Find the explained variation. 0.3 $500 (Round to the nearest whole number as needed.) 0.4 $1165 0.5 $1350 G 0.5 $1404 1.0 $5655 0.7 $2283 Q
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