Later, Ms. McDonald ran regression analysis in two different ways by transforming the data. Each is described below with appropriate computer output and graphics. II. Log(Price) versus Age: (Computer output, scatterplot, residual plot) Coef 1.43723 SE Coef 0.02881 0. 003569 Predictor 49. ৪9 0.000 -25.40 Constant OR0652 0.000
Later, Ms. McDonald ran regression analysis in two different ways by transforming the data. Each is described below with appropriate computer output and graphics. II. Log(Price) versus Age: (Computer output, scatterplot, residual plot) Coef 1.43723 SE Coef 0.02881 0. 003569 Predictor 49. ৪9 0.000 -25.40 Constant OR0652 0.000
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Question: Give the equation of the model you chose in (b ) using the transformed variables .

Transcribed Image Text:III. Log(Price) versus Log(Age)
Predictor
Constant
Coef
1.77448
SE Coef
0.07822
22.69
0.000
Log Age
-1.23359
0.09209
-13.40
0.000
S - 0.0867773
91.84
R-Sq - 92.3%
R-Sq(adj) -

Transcribed Image Text:Later, Ms. McDonald ran regression analysis in two different ways by transforming the data. Each is
described below with appropriate computer output and graphics.
II. Log(Price) versus Age: (Computer output, scatterplot, residual plot)
SE Coef
0.02881
-0.090652 0.003569
Coef
1.43723
Predictor
T
49.89 0.000
-25.40 0.000
Constant
Age
S = 0.0470892
97.65
R-Sq = 97.74
R-Sq(adj) =
梦 $
a
hp
f12
fg
f6
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