1. You are interested in buying a new Jeep Cherokee. The following data are based on information taken from Consumer Guide (Vol. 608, no. 6). Let x be the list price (in thousands of dollars) for a random selection of Jeep Cherokee vehicles of different models and options. Let y be the dealer invoice (in thousands of dollars) for the given vehicle. 15.3 16.4 19.5 21.9 18.8 23.4 Y 14.9 15.8 17.0 18.1 17.1 19.8 Use your calculator. Find the linear regression equation (a is rounded to tenth place and b is rounded to ten-thousandth place). Find the correlation coefficient rounded to ten- thousandth place. Find the coefficient of determination rounded to tenth percent.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
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1. You are interested in buying a new Jeep Cherokee. The following data are based on
information taken from Consumer Guide (Vol. 608, no. 6). Let x be the list price (in
thousands of dollars) for a random selection of Jeep Cherokee vehicles of different models
and options. Let y be the dealer invoice (in thousands of dollars) for the given vehicle.
15.3
16.4
19.5
21.9
18.8
23.4
Y
14.9
15.8
17.0
18.1
17.1
19.8
Use your calculator. Find the linear regression equation (a is rounded to tenth place and b
is rounded to ten-thousandth place). Find the correlation coefficient rounded to ten-
thousandth place. Find the coefficient of determination rounded to tenth percent.
Equation
I.
Correlation
coefficient
Coefficient of
determination
Transcribed Image Text:1. You are interested in buying a new Jeep Cherokee. The following data are based on information taken from Consumer Guide (Vol. 608, no. 6). Let x be the list price (in thousands of dollars) for a random selection of Jeep Cherokee vehicles of different models and options. Let y be the dealer invoice (in thousands of dollars) for the given vehicle. 15.3 16.4 19.5 21.9 18.8 23.4 Y 14.9 15.8 17.0 18.1 17.1 19.8 Use your calculator. Find the linear regression equation (a is rounded to tenth place and b is rounded to ten-thousandth place). Find the correlation coefficient rounded to ten- thousandth place. Find the coefficient of determination rounded to tenth percent. Equation I. Correlation coefficient Coefficient of determination
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