d) Find the regression equation for the data. e) What resale value would you expect for a car aged 5.5 years?

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d) Find the regression equation for the data.
e) What resale value would you expect for a car aged 5.5 years?
Transcribed Image Text:d) Find the regression equation for the data. e) What resale value would you expect for a car aged 5.5 years?
Math 1670 - Assignment 6
Name:
Please write your name on each page of this assignment.
1.
The table below lists the age of certain used cars (in years) and the associated re-sale value in
dollars).
Age
Value
Age
Value
$3,448
$2,755
Ș1,995
$1,400
$1,268
$15,975
6.
$ 9,285
7
3
S 8,000
4
$ 6,790
9.
$ 3,150
10
You may use the following:
ΣΧ55 ; ΣΥ-54066; ΣΧΥ- 182668 ; ΣX385.14; ΣΥ488465028
a) Draw a scatter diagram. You may use Excel or equivalent.
Transcribed Image Text:Math 1670 - Assignment 6 Name: Please write your name on each page of this assignment. 1. The table below lists the age of certain used cars (in years) and the associated re-sale value in dollars). Age Value Age Value $3,448 $2,755 Ș1,995 $1,400 $1,268 $15,975 6. $ 9,285 7 3 S 8,000 4 $ 6,790 9. $ 3,150 10 You may use the following: ΣΧ55 ; ΣΥ-54066; ΣΧΥ- 182668 ; ΣX385.14; ΣΥ488465028 a) Draw a scatter diagram. You may use Excel or equivalent.
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