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Parametrics - The Cost of Optical Sensors

You are estimating the cost ($K) of optical sensors based on the power output of the sensor. Using the preliminary calculations from a data set of 8 sensors, determine the equation of the line.

?Y = 2515 ?X = 650 ?XY = 241400 ?X2 = 62600

A - Cost = 3.786 + 6.763 (Power)

B - Cost = 0.100 + 306.250 (Power)

C - Cost = 6.763 + 3.786 (Power)

D - Cost = 306.250 + 0.100 (Power)

Solution Summary

The solution estimates the linear model equations using the given information.

$2.19