Use table and picture to solve!!! Thank you so much EEE CICK the icon to view the data table.plete parts a through g.d) If you want to sell an 8-year-old car of this model, what price seems appropriate?dollars(Round to the nearest dollar as needed.)e) You have a chance to buy one of two cars. They are about the same age and appear to be in equally good condition. Would you rather buy the one with a positive residual or the one with a negative residual? Explain.A. The car with a positive residual is better because its actual price is above the predicted price for its age.B. The car with a negative residual is better because its actual price is below the predicted price for its age.OC. The car with a negative residual is better because its actual price is above the predicted price for its age.Data tableD. The car with a positive residual is better because its actual price is below the predicted price for its age.f) You see a "For Sale" sign on a 12-year-old car of this model stating the asking price as $8,600. What is the residual?Age (yr)Price Advertised ($) P117,588214.969O dollar(s)315,959(Round to the nearest dollar as needed.)413,958414,99914,58913,988g) Would this regression model be useful in establishing a fair price for a 26-year-old car? Explain.511,9989,96811,5387Vi(1,1)More78.10,87810,898Statcrunch1210,019lexMAR6MacBook Proesc*%244%23%23578.QWERT.YDFGKH. JUUOMpanying table to create a linear model for the relationship between a car's Age and its Price. Complete parts a through g.03/06/22 8:17 PME Click the icon to view the data table.O A. The car with a positive residual is better because its actual price is above the predicted price for its age,O B. The car with a negative residual is better because its actual price is below the predicted price for its age.C. The car with a negative residual is better because its actual price is above the predicted price for its age.O D. The car with a positive residual is better because its actual price is below the predicted price for its age.f) You see a "For Sale" sign on a 12-year-old car of this model stating the asking price as $8,600. What is the residual?Odollar(s)(Round to the nearest dollar as needed.)Data tableg) Would this regression model be useful in establishing a fair price for a 26-year-old car? Explain.O A. No, because the predicted price is $0, which does not make sense.Age (yr) Price Advertised ($) D117,588O B. No, because the predicted price is too high to be reasonable.214,96915,95913,95814,99914,58913,98811,9989,96811,53810,87810,89810,019OC. No, becadse the predicted price is negative, which does not make sense.4D. Yes, because the predicted price is positive and close to $o.45(1,0)More8.Statcrunch12extPrintDoneMAR6.2Aの人WMacBook Proesc&.%23248.134QERTYFGKH.つS4

Question

Use table and picture to solve!!! Thank you so much ￼ EEE CICK the icon to view the data table.plete parts a through g.d) If you want to sell an 8-year-old car of this model, what price seems appropriate?dollars(Round to the nearest dollar as needed.)e) You have a chance to buy one of two cars. They are about the same age and appear to be in equally good condition. Would you rather buy the one with a positive residual or the one with a negative residual? Explain.A. The car with a positive residual is better because its actual price is above the predicted price for its age.B. The car with a negative residual is better because its actual price is below the predicted price for its age.OC. The car with a negative residual is better because its actual price is above the predicted price for its age.Data tableD. The car with a positive residual is better because its actual price is below the predicted price for its age.f) You see a &#34;For Sale&#34; sign on a 12-year-old car of this model stating the asking price as $8,600. What is the residual?Age (yr)Price Advertised ($) P117,588214.969O dollar(s)315,959(Round to the nearest dollar as needed.)413,958414,99914,58913,988g) Would this regression model be useful in establishing a fair price for a 26-year-old car? Explain.511,9989,96811,5387Vi(1,1)More78.10,87810,898Statcrunch1210,019lexMAR6MacBook Proesc*%244%23%23578.QWERT.YDFGKH. JUUOMpanying table to create a linear model for the relationship between a car's Age and its Price. Complete parts a through g.03/06/22 8:17 PME Click the icon to view the data table.O A. The car with a positive residual is better because its actual price is above the predicted price for its age,O B. The car with a negative residual is better because its actual price is below the predicted price for its age.C. The car with a negative residual is better because its actual price is above the predicted price for its age.O D. The car with a positive residual is better because its actual price is below the predicted price for its age.f) You see a &#34;For Sale&#34; sign on a 12-year-old car of this model stating the asking price as $8,600. What is the residual?Odollar(s)(Round to the nearest dollar as needed.)Data tableg) Would this regression model be useful in establishing a fair price for a 26-year-old car? Explain.O A. No, because the predicted price is $0, which does not make sense.Age (yr) Price Advertised ($) D117,588O B. No, because the predicted price is too high to be reasonable.214,96915,95913,95814,99914,58913,98811,9989,96811,53810,87810,89810,019OC. No, becadse the predicted price is negative, which does not make sense.4D. Yes, because the predicted price is positive and close to $o.45(1,0)More8.Statcrunch12extPrintDoneMAR6.2Aの人WMacBook Proesc&.%23248.134QERTYFGKH.つS4

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