Find the regression line predicting price

Assignment Help Accounting Basics

Reference no: EM131008331

The data for hard drives in Exercise 6 omitted a 200 GB drive that sold for $299.00.

a) Find the regression line predicting Price from Capacity with this hard drive added.

b) What has changed from the original regression equation?

c) Is the new point a high leverage point or an influential point?

d) Does the new point have a large residual? Explain.

Reference no: EM131008331

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