List Price Vs. Best Price for a New GMC Pickup X= List price (in $1000) for a GMC pickup truck Y= Best price (in $1000) for a GMC pickup truck Use the following data in the image 4) Calculate the prediction that our model gives for a list price of 18,000 (remember the data is in miles). (use two decimal places) 5) Do a residual an
List Price Vs. Best Price for a New GMC Pickup X= List price (in $1000) for a GMC pickup truck Y= Best price (in $1000) for a GMC pickup truck Use the following data in the image 4) Calculate the prediction that our model gives for a list price of 18,000 (remember the data is in miles). (use two decimal places) 5) Do a residual an
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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Question
List Price Vs. Best Price for a New GMC Pickup
X= List price (in $1000) for a GMC pickup truck
Y= Best price (in $1000) for a GMC pickup truck
Use the following data in the image
4) Calculate the prediction that our model gives for a list price of 18,000 (remember the data is in miles). (use two decimal places)
5) Do a residual analysis and select the best answer:
a) It does not have normality or They have normality
b) Constant variance or no constant variance
c) Has outliers or has no outliers
Transcribed Image Text:12.4 14.3 14.5 14.9 16.1
17 16.5 15.4
17
18 19 20 22 19.4 15.5 16.7
17 18.4 19 17.4 20 19.7 21.2
Y
11.2 12.5 12.7 13.1 14.1
15 14.4 13.4 14.9 16 16 18 20 16.9
14 14.6 15 16.1 17 15.2 17 17.2 18.6
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