panying table are the ages of the prices. Complete parts a through f below. E Click the icon to view the table. Data table d) Computer software says that R = 89.4%. What is the correlation between age and price? Age (yr) Price Advertised ($) 12,935 10,965 10,445 10,990 10,995 6,945 7,980 8,750 6,995 5.970 The correlation, r, between Age and Price is . (Round to three decimal places as needed.) 1 1 3 e) Explain the meaning of R in this context. Choose the correct answer below. 4. O A. Advertised price accounts for 89.4% of the variation in age. 4. B. Advertised price accounts for 10.6% of the variation in age. in advertised price

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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Classified ads in the local paper offered several used cars of a particular model for sale. Listed in the accompanying table are the ages of the cars anc
prices. Complete parts a through f below.
E Click the icon to view the table.
Data table
....
d) Computer software says that R =89.4%. What is the correlation between age and price?
Age (yr) Price Advertised ($) e
12,935
10,965
10,445
10,990
10,995
6,945
7,980
8,750
6,995
5,970
4,990
3,250
2,250
3,950
2,900
2,950
1,750
The correlation, r, between Age and Price is .
1
(Round to three decimal places as needed.)
e) Explain the meaning of R in this context. Choose the correct answer below.
3
4
O A. Advertised price accounts for 89.4% of the variation in age.
O B. Advertised price accounts for 10.6% of the variation in age.
6
O C. Age accounts for 10.6% of the variation in advertised price.
6.
O D. Age accounts for 89.4% of the variation in advertised price.
9.
9
9.
11
11
ry
13
ns
Print
Done
ources
details.
K
Transcribed Image Text:Classified ads in the local paper offered several used cars of a particular model for sale. Listed in the accompanying table are the ages of the cars anc prices. Complete parts a through f below. E Click the icon to view the table. Data table .... d) Computer software says that R =89.4%. What is the correlation between age and price? Age (yr) Price Advertised ($) e 12,935 10,965 10,445 10,990 10,995 6,945 7,980 8,750 6,995 5,970 4,990 3,250 2,250 3,950 2,900 2,950 1,750 The correlation, r, between Age and Price is . 1 (Round to three decimal places as needed.) e) Explain the meaning of R in this context. Choose the correct answer below. 3 4 O A. Advertised price accounts for 89.4% of the variation in age. O B. Advertised price accounts for 10.6% of the variation in age. 6 O C. Age accounts for 10.6% of the variation in advertised price. 6. O D. Age accounts for 89.4% of the variation in advertised price. 9. 9 9. 11 11 ry 13 ns Print Done ources details. K
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