Suppose That the Coins Analyzed in Problem 1 Are Representative

question 14

Essay

Suppose that the coins analyzed in problem 1 are representative of the metallurgical content of coins minted in Rome during the first 300 years AD. a)If a Roman coin is selected at random, and it's gold content is 0.20% by weight, calculate the predicted lead content.Be sure to use correct notation and units. c)One of the coins used to calculate the regression equations has a gold content of 0.200%.Calculate the residual for this coin.Be sure to use correct notation and units. d)The investigators would like to use the regression equation to help assess whether a coin is locally minted or minted in Rome.In a few sentences, describe how the regression equation could be used for this purpose.(Hint: In order to use the equation for this purpose, how would coins minted in local mints in the Eastern Provinces have to differ from Roman coins?)

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Definitions:

Article 2

Refers to a portion of the Uniform Commercial Code that deals with the sale of goods.

Provisions

Specific clauses or articles in a contract or legal statute detailing certain conditions, requirements, or stipulations.

Unconscionability

A legal doctrine that describes terms so extremely unjust, or overwhelmingly one-sided in favor of the party who has the superior bargaining power, that they are deemed contrary to good conscience.

Good Faith

Acting with honesty, fairness, and sincerity without any intent to deceive or defraud.