The Editor of a Major Academic Book Publisher Claims That

question 59

Essay

The editor of a major academic book publisher claims that a large part of the cost of books is the cost of paper. This implies that larger books will cost more money. As an experiment to analyse the claim, a university student visits the bookstore and records the number of pages and the selling price of 12 randomly selected books. These data are listed below. $$\begin{array} { | c | c | c | } \hline \text { Book } & \text { Number of pages } & \text { Selling price (\$) } \\\hline 1 & 844 & 55 \\\hline 2 & 727 & 50 \\\hline 3 & 360 & 35 \\\hline 4 & 915 & 60 \\\hline 5 & 295 & 30 \\\hline 6 & 706 & 50 \\\hline 7 & 410 & 40 \\\hline 8 & 905 & 53 \\\hline 9 & 1058 & 65 \\\hline 10 & 865 & 54 \\\hline 11 & 677 & 42 \\\hline 12 & 912 & 58 \\\hline\end{array}$$ Draw a scatter diagram of the data and plot the least squares regression line on it.

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Definitions:

Theories

Systematically organized principles or explanations about a phenomenon or a set of phenomena that guide analysis, predictions, and interventions.

Behavior Approach

A perspective in psychology focusing on observable behaviors as the main source of psychological study and intervention, rather than internal mental states.

Trait Approach

A perspective in leadership research that focuses on identifying specific qualities, characteristics, and attributes that distinguish effective leaders from others.

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Individuals who systematically investigate and study materials, sources, or phenomena using scientific methods to establish facts and reach new conclusions.