Years ר

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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Question
The following table show the price of used Honda Civics.
Age in Years
Price in $
1
3
4
6.
7
12
13
14
23000
21500
17500
16500
13000
13500
11500
9000
Use Age as your explanatory variable and Price as your response
variable and create a linear regression model.
What is the correlation coefficient? Round your answer to 2
decimal places. Type in a decimal number, not a percentage.
Describe the correlation. Select an answer
Find and interpret the slope. Round your answer to 2 decimal
places. Type in a decimal number, not a percentage.
The model predict that Select an answer
will
by
Select an answer
Select an answer
Find and interpret the y-intercept: Round your answer to 2
decimal places. Type in a decimal number, not a percentage.
The model predicts that Select an answer
Select an answer
Use the model you created to find the residual of the `13 year
old Civic that was listed for $11500. Round your answer to 2
decimal places. Type in a decimal number, not a percentage. $
Transcribed Image Text:The following table show the price of used Honda Civics. Age in Years Price in $ 1 3 4 6. 7 12 13 14 23000 21500 17500 16500 13000 13500 11500 9000 Use Age as your explanatory variable and Price as your response variable and create a linear regression model. What is the correlation coefficient? Round your answer to 2 decimal places. Type in a decimal number, not a percentage. Describe the correlation. Select an answer Find and interpret the slope. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predict that Select an answer will by Select an answer Select an answer Find and interpret the y-intercept: Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predicts that Select an answer Select an answer Use the model you created to find the residual of the `13 year old Civic that was listed for $11500. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. $
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