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a. Using Excel, develop a multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? c. What is the increase in the annual maintenance of the police cars when the car's age remained constant? d What is the increase in the annual maintenance of the nolice cars when miles are drivven stay the

a. Using Excel, develop a multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? c. What is the increase in the annual maintenance of the police cars when the car's age remained constant? d What is the increase in the annual maintenance of the nolice cars when miles are drivven stay the

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter2: Functions And Graphs
Section2.CR: Chapter Review
Problem 63E
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Maintenance Cost Miles Driven Car Age (years) (Pesos) 16,320 7 36000 15,100 8 42000 18,500 8 54600 10,200 27000 9,175 3 19500 12,770 7 34500 8,600 26250 7,900 3 27000 3. 2.
Transcribed Image Text:Maintenance Cost Miles Driven Car Age (years) (Pesos) 16,320 7 36000 15,100 8 42000 18,500 8 54600 10,200 27000 9,175 3 19500 12,770 7 34500 8,600 26250 7,900 3 27000 3. 2.
a. Using Excel, develop a multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? c. What is the increase in the annual maintenance of the police cars when the car's age remained constant? d. What is the increase in the annual maintenance of the police cars when miles are driven stay the same? e. Forecast the annual maintenance cost for a police car that is 5 years old and will be driven 10,000 miles in 1 year.
Transcribed Image Text:a. Using Excel, develop a multiple regression equation for these data. b. What is the coefficient of determination for this regression equation? c. What is the increase in the annual maintenance of the police cars when the car's age remained constant? d. What is the increase in the annual maintenance of the police cars when miles are driven stay the same? e. Forecast the annual maintenance cost for a police car that is 5 years old and will be driven 10,000 miles in 1 year.
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