Explain in detail The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car (years) and the number of...


Explain in detail






The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car (years) and the number of kilometers on the odometer.


Estimated Selling Price = 70625 - 4562 Year - 0.03 Odometer


Estimate the selling price of a popular 4WD car that is 9 years old and has 35427 kilometers on the odometer.









Jun 06, 2022
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