Question: Work shown is not required, thank you Question 11 (1 point) Suppose that for a typical FedEx package delivery, the cost of the shipment is

Work shown is not required, thank you

Work shown is not required, thank you Question 11 (1 point) Suppose

Question 11 (1 point) Suppose that for a typical FedEx package delivery, the cost of the shipment is a function of the weight of the package measured in ounces. You want to try to predict the cost of a typical shipment given package dimensions. If 10 packages in a city are sampled and the regression output is given below, what can we conclude about the slope of weight? Predictor Coef Stdev t-ratio Constant -2.91 3. 3689 -0. 86 0 . 4129 weight 0. 905 0. 1209 7. 49

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