Question: The price (in $) and the carat weight of a diamond are its two most known characteristics. In order to understand the role carat weight has in determining the price of a diamond, the carat weight and price of 20 loose round diamonds, all of color D and clarity VS1, were obtained recently as shown below.

According to the results obtained in question 208, what would be a typical price for a 0.50 carat loose diamond of this quality?