Consider the following computer output from a multiple regression analysis relating the price of a used car to the variables: age of car, mileage, and safety rating. Coefficients   Coefficients Standard Error t� Stat P-value Intercept 42465.6942465.69 5320.545320.54 7.9817.981 0.00000.0000 Age (Year) −21096.02−21096.02 2551.522551.52 −8.268−8.268 0.00000.0000 Mileage(in Thousands) −1312.73−1312.73 103.02103.02 −12.743−12.743 0.00000.0000 Safety Rating 1533.821533.82 165.72165.72 9.2559.255 0.00000.0000 Does the sign of the coefficient for the variable safety rating make sense?

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Consider the following computer output from a multiple regression analysis relating the price of a used car to the variables: age of carmileage, and safety rating.

Coefficients

  Coefficients Standard Error t� Stat P-value
Intercept 42465.6942465.69 5320.545320.54 7.9817.981 0.00000.0000
Age (Year) −21096.02−21096.02 2551.522551.52 −8.268−8.268 0.00000.0000
Mileage
(in Thousands)
−1312.73−1312.73 103.02103.02 −12.743−12.743 0.00000.0000
Safety Rating 1533.821533.82 165.72165.72 9.2559.255 0.00000.0000


Does the sign of the coefficient for the variable safety rating make sense?

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