We want to look at the relationship between the estimated cost (y) and the age of the vehicle (x). Assume that we have calculated these values from the sample I x = 3.308, y = 2.292 Σ(x-2)(y₁ - y) = -21.169, (-)² = 24.649 Find the least square regression line.
We want to look at the relationship between the estimated cost (y) and the age of the vehicle (x). Assume that we have calculated these values from the sample I x = 3.308, y = 2.292 Σ(x-2)(y₁ - y) = -21.169, (-)² = 24.649 Find the least square regression line.
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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Find the least square regression line.

Transcribed Image Text:We want to look at the relationship between the estimated cost (y) and
the age of the vehicle (x). Assume that we have calculated these values
from the sample
I
x = 3.308, y = 2.292
Σ(x-x)(y₁ - y) = -21.169, (x - 2)² = 24.649
Find the least square regression line.
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