People in the aerospace industry believe the cost of a space project is a function of the
Question:
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
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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