[Step-by-Step] A car dealer is interested in the relationship between the amount of money (X) people spend on maintenance of their cars, and the number of miles


Question:

A car dealer is interested in the relationship between the amount of money (X) people spend on maintenance of their cars, and the number of miles the car runs (Y) before a breakdown. A random sample of 25 car owners gives the following results:

SS X = 4,296.4 SS XY = 514,028

Find the least-squares estimates of the regression parameters and write the resulting regression equation.

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

log in to your account

Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in