## Question

###### N auto manufacturing company wanted to Investigate how the price of one of its car models...

n auto manufacturing company wanted to Investigate how the price of one of its car models deprecates with age. The research department at the company took a sample of eight cars of this m ected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars Age 8 7 6 4 8 5 8 8 Price 37 36 41 69 34 63 21 32 Find the least squares regression ine equation in the form a+bx. Use "Age" as the independent variable and "Price" as the dependent variable. Round your answers to four decimal places. Predict the price of a 8 year-old car of this model. Round your answer to one decimal place ypred = the absolute tolerance is +/-0.1

## Answers

Soluon- 8 3T 296 36 49 6 36 24 6 4 69 276 53 3iS I68 à 5 6 8 a 333 (382) (S20s 32S4 8 (3S2) - (su tu832 [40 ( x 20s1) s333) 8 (382) - s4) 1334 . S 2 861ος,9429-7632&S = mo def is 29.7

#### Similar Solved Questions

1 answers

##### A company is in the process of constructing a new plant at a cost of $20...

A company is in the process of constructing a new plant at a cost of $20 million. It expects the project to generate cash flows of 58 million $6 million and 511 million over the next three years. The cost of capital is 18.2 percent pa. What is the net present value of this project? (in millions to t...

1 answers

##### A certain model of automobile has its gas mileage (in miles per gallon, or mpg) normally...

A certain model of automobile has its gas mileage (in miles per gallon, or mpg) normally distributed, with a mean of 26 mpg and a standard deviation of 4 mpg. Find the probability that a car selected at random has the following gas mileages. (Round your answers to four decimal places.) (a) less than...

1 answers

##### What are the marketing implications for your company if buyers stop viewing your primary offering (the...

What are the marketing implications for your company if buyers stop viewing your primary offering (the product you have selected for the purposes of this class) as a shopping good and begin considering it as a convenience good? How would you respond to the change?...

1 answers

##### 6. Poor Professor Mullen (PPM) Ine hae $20.000 of ending finished goods (EI, FG) inventory as...

6. Poor Professor Mullen (PPM) Ine hae $20.000 of ending finished goods (EI, FG) inventory as of December 31, 2015. If beginning finished coods (BIFG) inventory was $10,000 and cost of goods sold (CGS) was $40.000, how much would Poor Professor Mullen, Inc report for cost of goods manufactured (CGM)...

1 answers

##### In the following list, which entry is NOT accurate? Hybrid type a sp b sp3 Geometry...

In the following list, which entry is NOT accurate? Hybrid type a sp b sp3 Geometry of electron pairs linear tetrahedral trigonal bip yramidal octahedral square planar c spd d spºd e sp2...

1 answers

##### Post the 2018 journal entries to the t accounts to obtain the ending balances at December...

Post the 2018 journal entries to the t accounts to obtain the ending balances at December 31, 2018. Use the dates as posting references to post each entry to the relevant accounts, then compute the ending balance of each account. Lane the ending balance with “End. Bal.” (For accounts wit...

1 answers

##### Eight (8) kilogram of saturated vapor of refrigerant R-134a is contained in a closed frictionless piston-cylinder...

Eight (8) kilogram of saturated vapor of refrigerant R-134a is contained in a closed frictionless piston-cylinder device at a pressure of 200 kPa. Heat is then transferred to the refrigerant. At the end of the process, the refrigerant has a temperature of 70 °C. Determine the amount of heat that...

1 answers

##### A sample of He collected over water at a temperature of 20'C has a pressure of...

A sample of He collected over water at a temperature of 20'C has a pressure of 705 torr. What is the pressure of the dry gas? The vapor pressure of water at 20'C is 17.5 torr...

1 answers

##### Problem 3.052 A piston-cylinder assembly contains 2 lb of water, initially at 100 lbf/in.2 and 450°F....

Problem 3.052 A piston-cylinder assembly contains 2 lb of water, initially at 100 lbf/in.2 and 450°F. The water undergoes two processes in series: a constant-pressure process followed by a constant volume process. At the end of the constant-volume process, the temperature is 300°F and the wa...

1 answers

##### Use the Gauss Jordan method to solve the system of equations. y=-9+x y=-1+z z=2-x Select the...

Use the Gauss Jordan method to solve the system of equations. y=-9+x y=-1+z z=2-x Select the correct choice below and fill in any answer boxes within your choice. O A. There is one solution. The solution is in the order x, y, z. (Type an exact answer in simplified form.) O B. There are infinitely ma...

1 answers

##### VEERIUS 003 DOKTERIER Birds use color to select and avoid certain types of food. The authors...

VEERIUS 003 DOKTERIER Birds use color to select and avoid certain types of food. The authors of a particular article studied the packing behavior of 1-day old bobwhites. In an area painted white, they inserted four pins with different colored heads. The color of the pin chosen on the bird's firs...

1 answers

##### Use the Method of Undetermined Coefficients to find all solutions of the differential equations = [100]...

Use the Method of Undetermined Coefficients to find all solutions of the differential equations = [100] [1] 2 1 -2 x+|0 ect, | 3 2 1 U c# 1....

1 answers

##### The drawing shows a collision between two pucks on an air-hockey table. Puck A has a...

The drawing shows a collision between two pucks on an air-hockey table. Puck A has a mass of 0.28 kg and is moving along the x axis with a velocity of 5.80 m/s. It makes a collision with puck B, which has a mass of 0.56 kg and is initially at rest. After the collision, the two pucks fly apart with a...

1 answers

##### Digital logic design Question 2 [4+6=10Marks] I. Implement following function using 16 x 1 multiplexer? F(A,B,C,D)...

Digital logic design Question 2 [4+6=10Marks] I. Implement following function using 16 x 1 multiplexer? F(A,B,C,D) = I l.ec.(D1, D2, D3, D4,10,11,13,15) II. Implement function F given above using 8 x 1 multiplexer?...

1 answers

##### Question 10 The equilibrium of a ZnS precipitate with an aqueous solution of Zn2+ where H2S...

Question 10 The equilibrium of a ZnS precipitate with an aqueous solution of Zn2+ where H2S gas is bubbled through the solution is described by the following chemical equation and equilibrium constant Zn(s) + 2H+ (aq) = Zn2+ (aq) + H250g) K25 t = 0.11 Given that the Zn ion concentration in the solut...

1 answers

##### Organic Chemistry How might one synthesis propene from ethyne.

Organic Chemistry How might one synthesis propene from ethyne....