Disk drives have been getting larger. Their capacity is now often given in terab

Question

Disk drives have been getting larger. Their capacity is now often given in terabytes (TB) where 1 TB 1000 gigabytes, or about a trillion bytes. A survey of prices for external disk drives found the data shown to the right. Find and interpret value of R2 Capacity (in TB)Price (in $) 0.050 0.090 0.180 0.340 1.0 2.0 4.0 31.00 33.55 43.49 60.00 139.95 244.79 451.95 What is the value of R7 ori % (Round to two decimal places as needed.) What is the interpretation of R7 Theval oofR2- %indicates the perc er age of the variability n he the drives. (Round to two decimal places as needed.) ofthese disk driv stat. beexplained by the variability in the Enter your answer in each of the answer boxes

Explanation / Answer

R2 = 99.94

The value of R2 = 99.94% indicates the percentage of the variability in the price of these disk drives that can be explained by the variability in the capacity of the drives.

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