Question: Given a one independent variable linear equation that states cost in $K and given the following information, calculate the coefficient of variation and determine its

Given a one independent variable linear equation that states cost in $K and given the following information, calculate the coefficient of variation and determine its meaning.

Given a one independent variable linear equation that states cost in $K

n=14 (Y Y)?=16000 Y =314 () If we used this equation, we could typically expect to be off by 511.63K. (_) If we used this equation, we could typically expect to be off by +11.17%. () If we used this equation, we could typically expect to be off by +311.17K. () If we used this equation, we could typically expect to be off by +11.63%

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