Title: Subaru costs Data collected from internet ads for 1999 Subarus were used to create a model to ...
Post by: iloveyofacexx3 on Aug 30, 2019
Subaru costs Data collected from internet ads for 1999 Subarus were used to create a model to estimate
the asking price of the car based on the number of miles it had been driven. The model has r2 = 0.47
and equation
= 15,327 - 0.11(Miles). The plot of residuals versus the predicted price is shown.
a. Do you think you could make accurate estimates of Subaru prices with this model? Explain.
b. Interpret the slope of the line.
c. One of the cars in the data set had been driven 42,000 miles. How much was the owner asking for it? (Show work.)
the asking price of the car based on the number of miles it had been driven. The model has r2 = 0.47
and equation
= 15,327 - 0.11(Miles). The plot of residuals versus the predicted price is shown.a. Do you think you could make accurate estimates of Subaru prices with this model? Explain.
b. Interpret the slope of the line.
c. One of the cars in the data set had been driven 42,000 miles. How much was the owner asking for it? (Show work.)
Title: Subaru costs Data collected from internet ads for 1999 Subarus were used to create a model to ...
Post by: Curtis x9 on Aug 30, 2019
Content hidden
Title: Subaru costs Data collected from internet ads for 1999 Subarus were used to create a model to ...
Post by: iloveyofacexx3 on Aug 30, 2019
Thanks for your help!