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A student wanted to estimate the selling price ($00) of a second-hand laptop based on the processor speed (GHZ ), the age ( months )

A student wanted to estimate the selling price ($00) of a second-hand laptop based on the processor speed (GHZ), the age (months) and the hard drive capacity (GB). EXCEL was used to create the following multiple linear regression.

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SUMMARY OUTPUT Regression Statistics Multiple R 0.752 R Square 0.566 Adjusted R Square 0.305 Standard Error 0.507 Observations 9 ANOVA of SS MS F Significance F Regression 1.67 0.56 2.17 0. 21 Residual 5 1.28 0.26 Total 2.95 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 1.48 0.98 1.51 0.19 -1.04 4.00 Processor speed 0.41 0.48 0.85 0.43 -0.83 1.66 Age -0.11 0.10 -1.01 0.36 -0.38 0.16 Hard Drive Capacity 0.16 0.07 2.38 0.06 -0.01 0.34

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