The bigger the stop sign, the more expensive it is. Here is a graph of the height of a sign in inches versus its cost in dollars.
To achieve linearity, the data was transformed using a square root function of cost. Here are the results and a residual plot.Dependent Variable: sqrt(cost)
(correlation coefficient)
s: 0.2141
-Use your equation to predict the cost of a 48" stop sign.
Correct Answer:
Verified
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