Explain what the slpoe and intersept of the model indiates

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Type your question here an article in the jornal of statstic education reported the price of diamond of different carat size in dollar(US$). after anylisis, the regression equation wasfound to be : US$ = 599 + 8225 carat.

Explain what the slpoe and intersept of the model indiates about cost and carat size.

Reference no: EM13610773

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