# Question: People in the aerospace industry believe the cost of a

People in the aerospace industry believe the cost of a space project is a function of the weight of the major object being sent into space. Use the following data to develop a regression model to predict the cost of a space project by the weight of the space object. Determine r2 and se.

Weight (tons) .... Cost ($ millions)

1.897 ........ $ 53.6

3.019 ........ 184.9

0.453 ......... 6.4

0.988 ......... 23.5

1.058 ........ 33.4

2.100 ......... 110.4

2.387 ......... 104.6

Weight (tons) .... Cost ($ millions)

1.897 ........ $ 53.6

3.019 ........ 184.9

0.453 ......... 6.4

0.988 ......... 23.5

1.058 ........ 33.4

2.100 ......... 110.4

2.387 ......... 104.6

## Answer to relevant Questions

The following data represent a breakdown of state banks and all savings organizations in the United States every 5 years over a 60-year span, according to the Federal Reserve System.Develop a regression model to predict the ...Compute r2 for Problem 12.24 (Problem 12.6). Discuss the value of r2 obtained.Use a computer to develop the equation of the regression model for the following data. Comment on the regression coefficients. Determine the predicted value of y for x1 = 200 and x2 =7.Using the following data determine the equation of the regression model. How many independent variables are there? Comment on the meaning of these regression coefficients.Predictor .. CoefficientConstant ... 121.62x1 ...... ...Using the regression output obtained by working Problem 13.5, comment on the overall strength of the regression model using S, R2, and adjusted R2.Post your question