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# Taxi tires A taxi company monitoring the safety of its cabs kept track of the number of miles tires had been driven (in thousands) and the depth of the tread remain...

## Question

###### Taxi tires A taxi company monitoring the safety of its cabs kept track of the number of miles tires had been driven (in thousands) and the depth of the tread remaining (in mm) Their data are displayed in the scatterplot: They found the equation of the least squares regression line to be tread -36 0.6miles , with R2 = 0.74 and T=- 86. (5 Points Each)a) . Explain (in context) what the slope of the line means_b) Explain (in context) what they-intercept of the line means_c) Explain (in context) what

Taxi tires A taxi company monitoring the safety of its cabs kept track of the number of miles tires had been driven (in thousands) and the depth of the tread remaining (in mm) Their data are displayed in the scatterplot: They found the equation of the least squares regression line to be tread -36 0.6miles , with R2 = 0.74 and T=- 86. (5 Points Each) a) . Explain (in context) what the slope of the line means_ b) Explain (in context) what they-intercept of the line means_ c) Explain (in context) what R2 means. Describe the correlation. Predict the tread remaining on a tire with 35,000 miles_ f) Dave has 35,000 miles on his tires, and his tread remaiing is 15 mm_ Find and interpret his residual.  #### Similar Solved Questions

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