Value of Corvette. The following table gives retail values of a 2010 Corvette for various odometer readings. Odometer Reading Retail Value 13,000 $52,275 18,000 $51,525 20,000 $51,200 25,000 $50,275 29,000 $49,625 32,000 $49,075 a. Find the equation of the least-squares line for the data. Round constants to the nearest thousandth. b. Use the equation from part a to predict the retail price of 2010

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.