The following Excel output is from a random sample of Corvette sales, studying the age of the car (i


Question: The following Excel output is from a random sample of Corvette sales, studying the age of the car (in years) against the price (in hundreds of dollars) that it sold for.

a) Can you use this equation to predict the price of a 5 year old Corvette? If so, what is your predicted price. If not, why not?

b) What is the correlation of this data set? (I’m looking for a number here.)

Price: $2.99
See Solution: The solution consists of 1 page
Solution Format: Word Document

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