For a set of observations with 8≤x≤32 8\leq x\leq32\,8≤x≤32 and y>0y>0y>0, the correlation coefficient between x x\,x and 1/y 1/y\,1/y is 0.987. The fitted regression line is 1y=0.015+0.0025x\dfrac1y=0.015+0.0025xy1=0.015+0.0025x.
Explain why the coefficient supports using this transformed regression model.
Express y y\,y in terms of xxx.
Use the model to estimate y y\,y when x=20x=20x=20.
Explain why the model should not be used when x=100x=100x=100.