LCD TVs, continued Refer to Exercise 3.19.Suppose we assume that the relationship

Chapter 3, Problem 20

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LCD TVs, continued Refer to Exercise 3.19.Suppose we assume that the relationship between x andy is linear.a. Find the correlation coefficient, r. What does thisvalue tell you about the strength and direction ofthe relationship between size and price? b. Refer to part a. Would it be reasonable to constructa regression line used to predict the price of anLCD TV based on the size of the screen?

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