Question: Disk drives have been getting larger. Their capacity is now often given in terabytes(TB) where 1 TBequals=1000 gigabytes, or about a trillion bytes. A survey

Disk drives have been getting larger. Their capacity is now often given in terabytes(TB) where 1 TBequals=1000

gigabytes, or about a trillion bytes. A survey of prices for external disk drives found the data shown to the right. For thisdata, we want to predict Price from Capacity. Complete parts a through h.

capacity 0.070 Price 20.00

0.080 29.00

0.230 50.00

0.480 71.49

1.0 142.79

3.0 348.00

4.0 404.55

Find the slopeestimate, b1 What does itmean, in thiscontext? A. It indicates the additional capacity in TB for each additional dollar of price. B. It is meaningless and should not be interpreted. C. It indicates the price for a hard drive with no capacity. This could be interpreted as the cost of the parts common to all drives. D. It indicates the additional capacity in gigabytes for each additional dollar of price. E. It indicates the additional price in dollars for each additional TB of capacity.

Find theintercept, b 0 What does itmean, in thiscontext? Is itmeaningful?

A. It indicates the price for a hard drive with no capacity. It is meaningful in that it could be interpreted as the cost of the parts common to all drives. B. It indicates the additional capacity in TB for each additional dollar of price. It is meaningful. C. It indicates the capacity for a hard drive that does not cost anything. It is meaningless and should not be interpreted. D. It indicates the capacity for a hard drive that does not cost anything. It is meaningful in that it could be interpreted as the minimum capacity for all drives.

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