Project #4404 - Statistics/Regression

Regression


The table gives the retail value of a 2004 Corvette Z06 and the miles driven. (Source: Kelly Blue Book website, November 3, 2004) 

Mileage Retail Value 
13,000 $46,100 
18,000 $44,600 
20,000 $43,300 
25,000 $41,975 
29,000 $40,975 
32,000 $39,750 

Q. 1 (8 Points). Find the correlation coefficient for the data.

Q. 2 (3 Points). What is the significance of this value of the correlation coefficient?

Q. 3 (8 Points). What is the least-squares regression line for the data?

Q. 4 (3 Points). Use the least-squares line to predict the retail value of the model car with a mileage of 30,000 miles.

q. 5 (3 Points). What is the retail value of a model car with 35,000 miles.
 

Subject Mathematics
Due By (Pacific Time) 04/20/2013 12:00 am
Report DMCA
TutorRating
pallavi

Chat Now!

out of 1971 reviews
More..
amosmm

Chat Now!

out of 766 reviews
More..
PhyzKyd

Chat Now!

out of 1164 reviews
More..
rajdeep77

Chat Now!

out of 721 reviews
More..
sctys

Chat Now!

out of 1600 reviews
More..
sharadgreen

Chat Now!

out of 770 reviews
More..
topnotcher

Chat Now!

out of 766 reviews
More..
XXXIAO

Chat Now!

out of 680 reviews
More..
All Rights Reserved. Copyright by AceMyHW.com - Copyright Policy