[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.
Deliverable: Word Document 