Show all your work on paper and scan or take picture to subm…

Show all your work on paper and scan or take picture to submit the work The cost of a certain product depends on the lot size, the following sample data shows that dependence:                                               Cost (dollars)                              Lot size                                                                            10                                          1                                                           15                                          3                                                           20                                          5                                                            22                                          7                                                           25                                     10      Calculate the correlation coefficient between two variables and interpret the value. Determine the equation of the estimated regression line (best fitted line or least square line).  To get credit write this equation in the place provided below. Using the results from part (b) estimate the lot size if the cost is 30 dollars.      

Show all your work on paper and scan or take picture to subm…

Show all your work on paper and scan or take picture to submit the work The cost of a certain product depends on the lot size, the following sample data shows that dependence:                                               Cost (dollars)                              Lot size                                                                            10                                          1                                                           15                                          3                                                           20                                          5                                                            23                                          6                                                           28                                        10      Calculate the correlation coefficient between two variables and interpret the value. Determine the equation of the estimated regression line (best fitted line or least square line).  To get credit write this equation in the place provided below. Using the results from part (b) estimate the lot size if the cost is 25 dollars.      

What are the Null and Alternative hypothesis of the followin…

What are the Null and Alternative hypothesis of the following problem.  Two bonding agents, A and B, are available for making a laminated beam, scientists claim that agent A is inferior to agent B. . Out of 50 beams about 40% beams made with Agent A failed a stress test, whereas 35% beams out of 100 made with agent B failed. Null : [A] Alternative : [B]

You want to find the equation of the best-fitted line from t…

You want to find the equation of the best-fitted line from the following data and predict the emission rate when the liberation rate is 200. Which one you take as independent variable x? Liberation rate 100 125 150 175 Emission rate 50  60 70 80 A. Liberation rate        B. Emission rate Answer should be either A or B

Under which condition is it appropriate to approximate a bin…

Under which condition is it appropriate to approximate a binomial distribution to a normal distribution when conducting a test of hypothesis for a population proportion? The sample size is small, regardless of the population proportion. The sample size is large, and both np and n(1−p) are greater than 10. The population proportion is close to 0.5. The population standard deviation (σ) is unknown. Answer should be 1, 2, 3 or 4