The following data shows the car rental companies and their cars and correspondingincome in the United States for a recent year.Cars xIncome yCompany(in ten thousands)(in billions)A63.07,029,03.920.82.119.113.48.52. Determine the correlation coefficient.mua hànBсDE2.81.5

The provided data is Company Cars (x) (in ten thousands) Income (y) (in billions) xy x2 y2…

Answered: The following data shows the car rental…

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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The age and prices of 11 Nissan cars given in the following data: Age (in years) 5 4 6 5 5 5 6 6 2 7 7 Price (in $100s) 85 103 70 82 89 98 66 95 169 70 48 a. Obtain the correlation coefficient between the age and price of the cars. Interpret the value of the correlation coefficient. b. Obtain a regression equation of Price (dependent variable) on Age (Independent variable). c. What will be the Price of the car after 3 years? d. Find the coefficient of determination. Determine the percent of variation that is explained by the regression equation clearly.
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The following table shows the approximate number of wireless telephone subscriptions in recent years.

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The following data shows the car rental companies and their cars and corresponding income in the United States for a recent year. Cars x Income y Company (in ten thousands) (in billions) A 63.0 7.0 B 29,0 с 20.8 D 19.1 E 13.4 8.5 2. Determine the correlation coefficient. 3.9 2.1 2.8 1.5