Please answer all parts accurately (a) Develop a scatter diagram with price as the independent variable. (b) What does the scatter diagram developed in part (a) indicate about the relationship between the two variables? There appears to be a negative linear relationship between price ( $ ) and overall score. There appears to be no noticeable relationship between price ( $) and overall score. There appears to be a positive linear relationship between price ($) and overall score. (c) Use the least squares method to develop the estimated regression equation. (Round your numerical values to three decimal places). y^= (d) Provide an interpretation of the slope of the estimated regression equation. The slope gives the price when the overall score is 0 . The slope gives the change in the price for every one point decrease in the overall score. The slope gives the change in the price for every one point increase in the overall score. The slope gives the overall score when the price is $0. The slope gives the change in the overall score for every one dollar increase in the price. to one decimal place.).

1. Please answer all parts accurately (a) Develop a scatter diagram with price as the independent
variable.
(b) What does the scatter diagram developed in part (a) indicate about the relationship between
the two variables? There appears to be a negative linear relationship between price ( $ ) and
overall score. There appears to be no noticeable relationship between price ( $) and overall score.
There appears to be a positive linear relationship between price ($) and overall score. (c) Use the
least squares method to develop the estimated regression equation. (Round your numerical
values to three decimal places). y^= (d) Provide an interpretation of the slope of the estimated
regression equation. The slope gives the price when the overall score is 0 . The slope gives the
change in the price for every one point decrease in the overall score. The slope gives the change
in the price for every one point increase in the overall score. The slope gives the overall score
when the price is $0. The slope gives the change in the overall score for every one dollar increase
in the price. to one decimal place.)