Refer to Exercise. Compute the coefficients of the least squares line and compare your results with the scatter diagram.

In Exercise, the cost of repairing cars involved in accidents is one reason that insurance premiums are so high. In an experiment, 10 cars were driven into a wall. The speeds were varied between 2 and 20 mph. The costs of repair were estimated and are listed here. Draw an appropriate graph to analyze the relationship between the two variables. What does the graph tell you?

Transcribed Image Text:

Speed Cost of Repair (S) 88 124 358 519 699 816 Speed Cost of Repair (S) 905 1,521 1,888 2,201 2 4 6 8 10 12 14 16 18 20