Business, 10.12.2019 07:31 CalCDanG

Consumer reports provided extensive testing and ratings for more than 100 hdtvs. an overall score, based primarily on picture quality, was developed for each model. in general, a higher overall score indicates better performance. the following (hypothetical) data show the price and overall score for the ten 42-inch plasma televisions (consumer report data slightly changed here): brand price scoredell 2800 60hisense 2800 55hitachi 2700 45jvc 3500 50lg 3300 55maxent 2000 38panasonic4000 67phillips 3000 56proview 2500 32samsung 3000 40use the above data to develop and estimated regression equation. compute coefficient of determination and correlation coefficient and show their relation. interpret the explanatory power of the model. estimate the overall score for a 42-inch plasma television with a price of $3800.

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