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Oil Quality and Price
Quality of oil is measured in API gravity degrees--the higher the degrees API,the higher the quality.The table shown below is produced by an expert in the field who believes that there is a relationship between quality and price per barrel. A partial Minitab output follows:
-{Oil Quality and Price Narrative} Interpret the value of the slope of the regression line.
New-Product Concept
An idea for a new product or a significant improvement on an existing product, often tested through market research before development.
MINDSTORMS®EV3 Robot
An advanced robotics kit designed by LEGO® that allows users to build, program, and control robots with customizable and interactive features.
Color Sensor
A device that detects the color of a surface, often used in industrial sorting applications, quality control, and digital imaging.
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