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___________________________________________________________________This question is worth 2 + 1 + 1 + 3 = 7 marks
A gym operates a small café for its clients. The owner wants to investigate the costs of ingredients used the cafe. Over a week, she records the daily costs of ingredients used. These are shown in the table below:
Day | Mon | Tues | Wed | Thur | Fri | Sat | Sun |
Cost, $ C | 184 | 254 | 198 | 240 | 261 | 321 | 298 |
a) Give the five point statistics ( five number summary) for the cost data shown above. [2 marks]
b) Draw a boxplot to represent this information. Clearly label your scale and all important features. [2 marks]
The owner realises the cost of preparing meals is probably linearly related to the number of meals prepared. She decides to investigate the cost for various numbers of meals prepared for clients. The data collected is shown below.
Number of meals, N
|
24
|
41
|
30
|
36
|
45
|
54
|
49
|
Cost, $ C
|
184
|
254
|
198
|
240
|
261
|
321
|
298
|
c) Use your calculator to find the equation of the least squares line that relates the cost of preparing meals to the number of meals produced. Give your equation in the form values correct to 2 decimal places. [2 marks]
d) tell us, in terms of
e ) tell us, in terms of
f) Use the equation you obtained in part (a) to predict the cost of producing:
(i) 42 meals. Does this prediction involve interpolating or extrapolating?
(ii) 5 meals. Does this prediction involve interpolating or extrapolating?
(iii) Comment on the reliability of both predictions from (i) and (ii) above. [3 marks]