(a)An automotive company is interested in identifying on how their car price depreciates.A researcher from the company took a sample of ten cars of their first model andcollected the following information on the ages (in years) and prices (in hundreds ofringgit) of cars. The data were recorded as in Table Q2(a).Table Q2(a): Relationship between ages and price of carsAgePrice101532257959332305134611224532104166(i)Construct a scatter diagram for the data as in Table Q2(a).

Answered: Image /qna-images/answer/ab9c48f5-1e9c-4029-b2a3-720cf093c342.jpg

Answered: (a) An automotive company is interested…

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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Consider the following data representing the price of plasma televisions (in dollars). 1260, 1355, 1156, 1297, 1054, 1225, 1375, 1244, 1281, 1138, 1368, 1075, 1373, 1126, 1067, 1285, 1119, 1209, 1150, 1208, 1284 Class 1034-1093 1094-1153 1154-1213 1214-1273 1274-1333 1334-1393 Frequency Price of Plasma Televisions (in Dollars) Class Boundaries Midpoint Relative Frequency Copy Data Cumulative Frequency Step 6 of 7: Calculate the relative frequency of the third class. Determine your answer as a simplified fraction.
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The questions below are based on a dataset containing the characteristics of 5,407households. In particular, we will use the following variables:- size: home size, measured in square feet.- hhinc: annual household net income, measured in euros.- owner: dummy variable equal to 1 if the living space is owned, and 0 if the livingspace is rented.- hhsize1: dummy variable equal to 1 if the number of household’s members is 1 or2, and 0 otherwise.- hhsize2: dummy variable equal to 1 if the number of household’s members is 3 or4, and 0 otherwise.- hhsize3: dummy variable equal to 1 if the number of household’s members is 5 orabove 5, and 0 otherwise.- edu: education level of household’s members. We conduct a simple regression of size on hhinc, now using robust standard errors.The regression output is reported in Table 2. Why are the estimated coefficients inTable 2 equal to the estimated coefficients in Table 1? Do the conclusions on thestatistical significance at 5% of the coefficient of…

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