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In: Statistics and Probability

The maximum discount value of the EntertainmentÒ card for the “Fine Dining” section, Edition ten, for...

The maximum discount value of the EntertainmentÒ card for the “Fine Dining” section, Edition ten, for various pages is given in the following table.

  1. Decide which variable should be the independent variable and which should be the dependent variable.
  2. Draw a scatter plot of the ordered pairs.
  3. Calculate the least-squares line. Put the equation in the form of: ŷ = a + bx
  4. Find the estimated maximum value for the restaurants on page ten.

Page number

Maximum value ($)

4

16

14

19

25

15

32

17

43

19

57

15

72

16

85

15

90

17

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