At an online diamond trader site, the price for a diamond is dependent upon the weight of the diamond. The pricing information is given in the table below. x: Weight (in carats) 0.5 0.6 0.7 0.8 0.9...

At an online diamond trader site, the price for a diamond is dependent upon the weight of the diamond.  The pricing information is given in the table below.

1. a)  Find the linear regression equation for this data where x is the weight of a diamond (in carats) and y is the corresponding price of the diamond (in $).

The slope and y-intercept for the linear regression equation are as follows:

slope =  Blank 1. Fill in the blank, read surrounding text.

y-intercept =  Blank 2. Fill in the blank, read surrounding text.

1. b)  Use the linear regression equation to estimate the price of a diamond that weighs 0.65 carats.

 Blank 3. Fill in the blank, read surrounding text. dollars   (Do not use the $ sign in the answer box.)