A statistics student is studying if there is a relationship between the price of a used car and the number of miles it had been driven. She collects data for 20 cars of the same model with different mileage and determines each car’s price using a used car website. The analysis is given in the computer output. Predictor Coef SE Coef t-ratio p Constant 24157.2 2164.1 2.965 0.046 Mileage -0.181 0.024 5.377 0.000 S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5% Using the computer output, what is the correlation? –0.82 –0.68 0.68 0.82
A statistics student is studying if there is a relationship between the price of a used car and the number of miles it had been driven. She collects data for 20 cars of the same model with different mileage and determines each car’s price using a used car website. The analysis is given in the computer output. Predictor Coef SE Coef t-ratio p Constant 24157.2 2164.1 2.965 0.046 Mileage -0.181 0.024 5.377 0.000 S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5% Using the computer output, what is the correlation? –0.82 –0.68 0.68 0.82
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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A statistics student is studying if there is a relationship between the price of a used car and the number of miles it had been driven. She collects data for 20 cars of the same model with different mileage and determines each car’s price using a used car website. The analysis is given in the computer output.
Predictor | Coef | SE Coef | t-ratio | p |
Constant | 24157.2 | 2164.1 | 2.965 | 0.046 |
Mileage | -0.181 | 0.024 | 5.377 | 0.000 |
S = 3860.7 | R-Sq = 68.0% | R-Sq(Adj) = 67.5% |
Using the computer output, what is the
–0.82
–0.68
0.68
0.82
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