1. The following table gives the size and cost of a line of Samsung LCD HDTV televisions. Screen size (inches) 23 27 32 Cost…
1. The following table gives the size and cost of a line of Samsung LCD HDTV televisions. Screen size (inches) 23 27 32 Cost ($) 250.00 340.00 420.00 (a) Name your variables (x, y, etc.) and find the best fitting linear model. (Round coefficients to the nearest hundredth.) (b) What is the significance of the slope? Give a full explanation. (c) Use your model to estimate the cost of the new 42 inch television.
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