Question: The following data show the retail price for 12 randomly selected laptop computers along with their corresponding processor speeds in gigahertz. a. Develop a linear

The following data show the retail price for 12 randomly selected laptop computers along with their corresponding processor speeds in gigahertz.

a. Develop a linear equation that can be used to describe how the price depends on the processor speed.
b. Based on your regression equation, is there one machine that seems particularly over- or underpriced?
c. Compute the correlation coefficient between the two variables. At the .05 significance level, conduct a test of hypothesis to determine if the population correlation is greater thanzero.

Price $2,017 922 1,064 1,942 2,137 1,012 Computers Speed Price $2,197 1,387 2,114 2,002 937 869 Computers Speed 2.0 1.6 1.6 1.8 2.0 1.2 2.0 1.6 2.0 1.6 1.0 1.4 2 12

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