1. Cell phone costs Noting a recent study predicting the increase in cell phone costs, a friend remarks that by the time he’s a grandfather, no one will be able to afford a cell phone. Explain where his thinking went awry.
2. Stopping times Using data from 20 compact cars, a consumer group develops a model that predicts the stopping time for a vehicle by using its weight. You consider using this model to predict the stopping time for your large SUV. Explain why this is not advisable.
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