Question: Develop a 95% confidence interval estimate that the higher the price of the car, the higher the road test scores. Data: Car Price ($)Cost/MileRoad-Test ScorePredicted ReliabilityValue ScoreNissan Altima 2.5 S (4-cyl.)23,970.000.599141.75Kia Optima LX (2.4)21,885.000.588141.73Subaru Legacy 2.5i Premium23,830.000.598341.73Ford Fusion Hybrid32,360.000.638451.70Honda Accord LX-P (4-cyl.)23,730.000.568041.62Mazda6 i Sport (4-cyl.)22,035.000.587341.60Hyundai Sonata GLS (2.4)21,800.000.568931.58Ford Fusion SE (4-cyl.)23,625.000.577641.55Chevrolet Malibu LT (4-cyl.)24,115.000.577431.48Kia Optima SX (2.0T)29,050.000.728441.43Ford Fusion SEL (V6)28,400.000.678041.42Nissan Altima 3.5 SR (V6)30,335.000.699341.42Hyundai Sonata Limited (2.0T)28,090.000.668931.39Honda Accord EX-L (V6)28,695.000.679031.36Mazda6 s Grand Touring (V6)30,790.000.748141.34Ford Fusion SEL (V6, AWD)30,055.000.717541.32Subaru Legacy 3.6R Limited30,094.000.718831.29Chevrolet Malibu LTZ (V6)28,045.000.678331.20Chrysler 200 Limited (V6)27,825.000.705251.20Chevrolet Impala LT (3.6)28,995.000.676331.05Thank you!

Simple linear regression model: A simple linear regression model is given as y^ = b0 + bx + e…

Answered: Develop a 95% confidence interval…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

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Problem 1P

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Question: Develop a 95% confidence interval estimate that the higher the price of the car, the higher the road test scores.

Data:

Car	Price ($)	Cost/Mile	Road-Test Score	Predicted Reliability	Value Score
Nissan Altima 2.5 S (4-cyl.)	23,970.00	0.59	91	4	1.75
Kia Optima LX (2.4)	21,885.00	0.58	81	4	1.73
Subaru Legacy 2.5i Premium	23,830.00	0.59	83	4	1.73
Ford Fusion Hybrid	32,360.00	0.63	84	5	1.70
Honda Accord LX-P (4-cyl.)	23,730.00	0.56	80	4	1.62
Mazda6 i Sport (4-cyl.)	22,035.00	0.58	73	4	1.60
Hyundai Sonata GLS (2.4)	21,800.00	0.56	89	3	1.58
Ford Fusion SE (4-cyl.)	23,625.00	0.57	76	4	1.55
Chevrolet Malibu LT (4-cyl.)	24,115.00	0.57	74	3	1.48
Kia Optima SX (2.0T)	29,050.00	0.72	84	4	1.43
Ford Fusion SEL (V6)	28,400.00	0.67	80	4	1.42
Nissan Altima 3.5 SR (V6)	30,335.00	0.69	93	4	1.42
Hyundai Sonata Limited (2.0T)	28,090.00	0.66	89	3	1.39
Honda Accord EX-L (V6)	28,695.00	0.67	90	3	1.36
Mazda6 s Grand Touring (V6)	30,790.00	0.74	81	4	1.34
Ford Fusion SEL (V6, AWD)	30,055.00	0.71	75	4	1.32
Subaru Legacy 3.6R Limited	30,094.00	0.71	88	3	1.29
Chevrolet Malibu LTZ (V6)	28,045.00	0.67	83	3	1.20
Chrysler 200 Limited (V6)	27,825.00	0.70	52	5	1.20
Chevrolet Impala LT (3.6)	28,995.00	0.67	63	3	1.05

Thank you!

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