Boat Baggage Capacity Price ($)
S14 4 1595
Orinoco 4 1399
Outside Pro 4 1890
Explorer 380X 3 795
River XK2 2.5 600
Sea Tiger 4 1995
Maverik II 3 1205
Starlite 100 2 583
Fat Pack Cat 3 1048a. Develop a scatter diagram wiht baggage capacity rating as the independent variable b.What does the diagram developed in part a) indicate about the rlationship between capacity and price?
c. Draw a straight line through the data to approximate a linear relationship between capacity and price.
d.Use the least squares method to develop the estimated regression equation.
e.Providide an interpretation for the slope of the estimated regression equation f. Predict the price for a boat wiht baggage capacity rating of 3