A panel of judges was rating the taste of different brands of potato chips. Ayane noticed a linear
relationship between the prices and the ratings for 20 different brands. Here is computer output from a
least squares regression analysis for predicting rating from price:
Predictor
Coef
-0. 39
Constant
SE Coef
0. 57
0. 283
-0. 687 0. 499
8. 9 0. 000
Price
2. 52
S = 0. 7387
R-sq = 77. 3%
Use this model to predict the rating of a brand that costs $3. 00 per bag.
You may round your answer to the nearest whole number rating.
Predicted rating:
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