Question: Question list K * Question 1 * Question 2 The president of a company that sells rugs has asked for a study of the

Question list K * Question 1 * Question 2 The president of

Question list K * Question 1 * Question 2 The president of a company that sells rugs has asked for a study of the relationship between market price and the tons of rugs supplied by his competitor. The following observations of price per ton and number of tons are given below in order to complete the study. (3,3) (6,9) (4,6) (8,18) (4,4) (7,16) (8,20) (3,2) The first number for each observation is price and the second is quantity. Complete parts a through c below. a. Prepare a scatter plot of the data points. A. Question 3 20- Question 4 0 Question 5 b. Determine the regression coefficients, bo and b. B. 20- b = (Round to three decimal places as needed.) Question 6 10 20- 20- 10 0 10

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