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 3 6. 4. 8. 4. Price 64 41 47 69 30 65 55 69 Find the least squares regression line equation in the form ŷ = a + bx. Use "Age" as the independent variable and "Price" as the dependent variable. Round your answers to four decimal places.

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 3 6. 4. 8. 4. Price 64 41 47 69 30 65 55 69 Find the least squares regression line equation in the form ŷ = a + bx. Use "Age" as the independent variable and "Price" as the dependent variable. Round your answers to four decimal places.

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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