Question: People in the aerospace industry believe the cost of a space project is a function of the weight of the major object being sent into space. Use the following data to develop a regression model to predict the cost of a space project by the weight of the space object. Determine r squared and Se.

Weight (tons) Cost ($Millions)

1.897 53.6

3.019 184.9

0.453 6.4

0.988 23.5

1.058 33.4

2.100 110.4

2.387 104.6