An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research department at the company took a sample of eight cars of this model and collected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars. Age 7 8 4 3 7 2 7 Price 44 29 24 52 71 28 73 28 Find the regression line equation in the form y = a + bx.Use "Age" as the independent variable and "Price" as the dependent variable. Round your answers to four decimal places. +( i eTextbook and Media Predict the price of a 5 year-old car of this model. Round your answer to one decimal place. i
An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research department at the company took a sample of eight cars of this model and collected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars. Age 7 8 4 3 7 2 7 Price 44 29 24 52 71 28 73 28 Find the regression line equation in the form y = a + bx.Use "Age" as the independent variable and "Price" as the dependent variable. Round your answers to four decimal places. +( i eTextbook and Media Predict the price of a 5 year-old car of this model. Round your answer to one decimal place. i
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
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