Question: Diamond Prices Not included in the table below is a diamond with a weight of 1.50 carats. Find the best predicted price for this diamond.

Diamond Prices Not included in the table below is a diamond with a weight of 1.50 carats. Find the best predicted price for this diamond. Is the result close to the actual price of

$16,097? What is wrong with predicting the price of a 1.50-carat diamond? Weight 0.3 0.4 0.5 0.5 1.0 0.7 Price 510 1151 1343 1410

Weight 0.3 0.4 0.5 0.5 1.0 0.7 Price 510 1151 1343 1410 5669 2277

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