Designers of backpacks use exotic material such as supernylon

Delrin, high-density ethylene, aircraft aluminum, and thermo

molded floam to make packs that fit comfortably and distribute
weight to eliminate pressure points. The following data show the
capacity (cubic inches), comfort rating, and price (dollars) for 10
backpacks tested by Outside Magazine. Comfort was measured
using a rating from 1 to 5, with a rating of 1 denoting average
comfort and a rating of 5 denoting excellent comfort. Regress
price on comfort and capacity using excel and answer the following
questions.

1.5 points What is the interpretation of adjusted R-square for this problem?

1.5 points What price would you predict for a backpack with a mean capacity of 5700 (cubic inches) and comfort rating o

Provide the appropriate test statistic and p-value for assessing whether there is evidence that Comfort aids in p
0.5 points test statistic ---->
0.5 points p-value ----->

Provide an interpretation for the sample regression coefficient of capacity.

0.5 points Sample regression coefficient ---->
1.5 points Interpretation -->

2 points Is the overall model significant at 0.05 level of significance? Why or Why not.

2 points Does Capacity aid in predicting price at 0.05 level of significance? Why or Why not.
ches) and comfort rating of 4?

ence that Comfort aids in predicting Price.

Manufacturer & Model Capacity Comfort Price ($)
Camp Trails Paragon 4330 2 190
EMS 5500 5500 3 219
Lowe Almayo 5500 4 249
Marmot Muir 4700 3 249
Kelly Bigfoot 5200 4 250
Gregory Whitney 5500 4 340
Osprey 75 4700 4 389
Arc' Teryx Bora 5500 5 395
Dana Design Terraplane 5800 5 439
The Works @ Mystery 5000 5 525

Paste Regression output inside this box: