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The Bigger the Stop Sign, the More Expensive It Is $\mathrm{R}$

question 78

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The bigger the stop sign, the more expensive it is. Here is a graph of the height of a sign in inches versus its cost in dollars. $The bigger the stop sign, the more expensive it is. Here is a graph of the height of a sign in inches versus its cost in dollars. To achieve linearity, the data was transformed using a square root function of cost. Here are the results and a residual plot.Dependent Variable: sqrt(cost) \mathrm{R} (correlation coefficient) =0.98946627 \mathrm{R}-\mathrm{sq}=0.97904349 s: 0.2141 \begin{array}{lrr} \text { Parameter } & \text { coeff } & \text { se } \\ \text { Intercept } & 1.1857 & 0.4346 \\ \text { height } & 0.1792 & 0.0151 \end{array} -Use your equation to predict the cost of a 48 stop sign.$
To achieve linearity, the data was transformed using a square root function of cost. Here are the results and a residual plot.Dependent Variable: sqrt(cost)
$\mathrm{R}$ (correlation coefficient) $=0.98946627$
$\mathrm{R}-\mathrm{sq}=0.97904349$
s: 0.2141

$\begin{array}{lrr}\text { Parameter } & \text { coeff } & \text { se } \\\text { Intercept } & 1.1857 & 0.4346 \\\text { height } & 0.1792 & 0.0151\end{array}$
$The bigger the stop sign, the more expensive it is. Here is a graph of the height of a sign in inches versus its cost in dollars. To achieve linearity, the data was transformed using a square root function of cost. Here are the results and a residual plot.Dependent Variable: sqrt(cost) \mathrm{R} (correlation coefficient) =0.98946627 \mathrm{R}-\mathrm{sq}=0.97904349 s: 0.2141 \begin{array}{lrr} \text { Parameter } & \text { coeff } & \text { se } \\ \text { Intercept } & 1.1857 & 0.4346 \\ \text { height } & 0.1792 & 0.0151 \end{array} -Use your equation to predict the cost of a 48 stop sign.$
-Use your equation to predict the cost of a 48" stop sign.

Definitions:

Government Intervention

Actions taken by a government to influence or directly control some aspects of the economy or society.

Prisoners' Dilemma

The Prisoners' Dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interest to do so.

Repeatedly Interact

Engaging in continuous or frequent exchanges or encounters between individuals or entities.

The Bigger the Stop Sign, the More Expensive It Is R \mathrm{R} R

Definitions:

The Bigger the Stop Sign, the More Expensive It Is $\mathrm{R}$