The following table gives retail values of a 2017 Corvette for various odometer readings. Odometer Reading Retail Value ($) 13,000 18,000 20,000 25,000 29,000 32,000 52,475 51,625 51,400 50,425 49,775 49,075 MY NOTES ASK YOUR TEACHER (c) Find the linear correlation coefficient for these data. (Round your answer to four decimal places.) r= -0.0909 X (a) Find the equation of the least-squares line for the data. (Where odometer reading is the independent variable, x, and retail value is the dependent variable. Round your numerical values to two decimal places.) ŷ= -0.18x + 54905.83 (b) Use the equation from part (a) to predict the retail price of a 2017 Corvette with an odometer reading of 28,000. Round to the nearest $100. $50000 PRACTICE ANOTHER
The following table gives retail values of a 2017 Corvette for various odometer readings. Odometer Reading Retail Value ($) 13,000 18,000 20,000 25,000 29,000 32,000 52,475 51,625 51,400 50,425 49,775 49,075 MY NOTES ASK YOUR TEACHER (c) Find the linear correlation coefficient for these data. (Round your answer to four decimal places.) r= -0.0909 X (a) Find the equation of the least-squares line for the data. (Where odometer reading is the independent variable, x, and retail value is the dependent variable. Round your numerical values to two decimal places.) ŷ= -0.18x + 54905.83 (b) Use the equation from part (a) to predict the retail price of a 2017 Corvette with an odometer reading of 28,000. Round to the nearest $100. $50000 PRACTICE ANOTHER
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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(c) Find the linear correlation coefficient for these data. (Round your answer to four decimal places.)
r= ?
![The following table gives retail values of a 2017 Corvette for various odometer readings.
Odometer Reading Retail Value ($)
13,000
18,000
20,000
25,000
29,000
32,000
52,475
51,625
51,400
50,425
49,775
49,075
MY NOTES
ASK YOUR TEACHER
(c) Find the linear correlation coefficient for these data. (Round your answer to four decimal places.)
r = -0.0909
X
(a) Find the equation of the least-squares line for the data. (Where odometer reading is the independent variable, x, and retail value is the dependent variable. Round your numerical values to two
decimal places.)
ŷ= -0.18x + 54905.83
(b) Use the equation from part (a) to predict the retail price of a 2017 Corvette with an odometer reading of 28,000. Round to the nearest $100.
$ 50000
PRACTICE ANOTHER](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc7d9b1ad-5fd2-4d37-87a3-2fb15cbbad63%2F32ac3be6-9250-443b-8022-a0afc9bbffd5%2Fc2y1dn1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following table gives retail values of a 2017 Corvette for various odometer readings.
Odometer Reading Retail Value ($)
13,000
18,000
20,000
25,000
29,000
32,000
52,475
51,625
51,400
50,425
49,775
49,075
MY NOTES
ASK YOUR TEACHER
(c) Find the linear correlation coefficient for these data. (Round your answer to four decimal places.)
r = -0.0909
X
(a) Find the equation of the least-squares line for the data. (Where odometer reading is the independent variable, x, and retail value is the dependent variable. Round your numerical values to two
decimal places.)
ŷ= -0.18x + 54905.83
(b) Use the equation from part (a) to predict the retail price of a 2017 Corvette with an odometer reading of 28,000. Round to the nearest $100.
$ 50000
PRACTICE ANOTHER
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