2. The manager of the police department motor poolwants to develop a forecast model for annualmaintenance on police cars, based on mileage in thepast year and age of the cars. The following datahave been collected for eight different cars:Maintenance CostMiles DrivenCar Age (years)(Pesos)16,32073600015,1008.4200018,5008.5460010,2003270009,17531950012,7707345008,600262507,90027000 a. Using Excel, develop a multiple regressionequation for these data. (Answer should behandwritten).b. What is the coefficient of determination for thisregression equation? (Answer should behandwritten).c. What is the increase in the annual maintenance ofthe police cars when the car's age remainedconstant? (Solution should be handwritten).d. What is the increase in the annual maintenance ofthe police cars when miles are driven stay the same?(Solution should be handwritten).e. Forecast the annual maintenance cost for a policecar that is 5 years old and will be driven 10,000miles in 1 year. (Solution should be handwritten).f. Attach the summary output of the excel.

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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2. The manager of the police department motor pool wants to develop a forecast model for annual maintenance on police cars, based on mileage in the past year and age of the cars. The following data have been collected for eight different cars: