In: Statistics and Probability
People in the aerospace industry believe the cost of a space project is a function of the mass 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 mass of the space object. Determine r2 and se. Weight (tons) Cost ($ millions) 1.897 $ 53.6 3.019 184.7 0.453 6.4 0.993 23.5 1.058 33.3 2.100 110.4 2.392 104.6 *(Do not round the intermediate values. Round your answers to 4 decimal places.) **(Round the intermediate values to 4 decimal places. Round your answer to 3 decimal places.) ŷ = enter a number rounded to 4 decimal places * + enter a number rounded to 4 decimal places * x r2 = enter a number rounded to 3 decimal places ** se = enter a number rounded to 3 decimal places **
ŷ = enter a number rounded to 4 decimal places
* + enter a number rounded to 4 decimal places
* x
r2 = enter a number rounded to 3 decimal
places **
se = enter a number rounded to 3 decimal
places **