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Identify the regression equation and make the prediction. Show your procedure, or explain how you reached your answer.

Costs of Television: Find the best predicted quality score of a Hitachi television with a price of $1900. Is the predicted quality score close to the actual quality score of 56?

Price 2300 1800 2500 2700 2000 1700 1500 2700

Quality 74 73 70 66 63 62 52 68

Regression equation:

Predicted value:

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9366431

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