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(Solution Library) Consumer reports provided extensive testing and ratings for more than 100 HDTVs. An overall score, based primarily on picture quality,

Question: 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 data show the price and overall score for the ten 42 inch plasma televisions. See attached spreadsheet.

  1. Use these data to develop an estimated regression equation that could be used to predict the overall score for a 42 inch plasma tv given the price.
  2. Compute r2 Did the estimated regression equation provide a good fit?
  3. Estimate the overall score for a 42 inch plasma tv with a price of $3200.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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