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MATLAB: An Introduction with Applications
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 following table show the price of used Honda Civics. Age in Years Price in $ 1 3 4 6. 7 12 13 14 23000 21500 17500 16500 13000 13500 11500 9000 Use Age as your explanatory variable and Price as your response variable and create a linear regression model. What is the correlation coefficient? Round your answer to 2 decimal places. Type in a decimal number, not a percentage. Describe the correlation. Select an answer Find and interpret the slope. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predict that Select an answer will by Select an answer Select an answer Find and interpret the y-intercept: Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predicts that Select an answer Select an answer Use the model you created to find the residual of the `13 year old Civic that was listed for $11500. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. $
Transcribed Image Text:The following table show the price of used Honda Civics. Age in Years Price in $ 1 3 4 6. 7 12 13 14 23000 21500 17500 16500 13000 13500 11500 9000 Use Age as your explanatory variable and Price as your response variable and create a linear regression model. What is the correlation coefficient? Round your answer to 2 decimal places. Type in a decimal number, not a percentage. Describe the correlation. Select an answer Find and interpret the slope. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predict that Select an answer will by Select an answer Select an answer Find and interpret the y-intercept: Round your answer to 2 decimal places. Type in a decimal number, not a percentage. The model predicts that Select an answer Select an answer Use the model you created to find the residual of the `13 year old Civic that was listed for $11500. Round your answer to 2 decimal places. Type in a decimal number, not a percentage. $
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