Cost of Books the Editor of a Major Academic Book

Essay

Cost of Books The editor of a major academic book publisher claims that a large part of the cost of books is the cost of paper. This implies that larger books will cost more money. As an experiment to analyze the claim, a university student visits the bookstore and records the number of pages and the selling price of twelve randomly selected books. These data are listed below. {Cost of Books Narrative} Predict with 90% confidence the selling price of a book with 900 pages.