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BU Take Test: Quiz #4 - 2021F MAT- X + com/webapps/assessment/take/take.jsp?course_assessment_id=_116954_1&course_id=_49369_1&content Question Completion Status: Regression Analysis: Price versus age Regression Equation Price = 17003-803.5 age

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BU Take Test: Quiz #4 - 2021F MAT- X + com/webapps/assessment/take/take.jsp?course_assessment_id=_116954_1&course_id=_49369_1&content Question Completion Status: Regression Analysis: Price versus age Regression Equation Price = 17003-803.5 age Coefficients Term Coef SE Coef T-Value P-Value VIF Constant 17003 569 29.87 0.000 age -803.5 66.3 -12.11 0.000 1.00 Model Summary S R-sq R-sq(adj) R-sq(pred) 2675.96 73.46% 72.96% 66.41% Analysis of Variance Source DF Adj SS Adj MS F-Value P-Value Regression 1 1050347255 1050347255 146.68 0.000 age 1 1050347255 1050347255 146.68 0.000 Error 53 379519722 7160749 Lack-of-Fit 247195965 15449748 4.32 0,000 Pure Error 37 132323756 3576318 Total 54 1429866977 Fits and Diagnostics for Unusual Observations Obs Price Fit Resid Std Resid 12 21995 16200 5795 2.21 R 29 8300 13789 -5489 -2.07 R 46 3475 -5496 8971 4.00 R X 55 1000 933 67 0.03 IX R Large residual X Unusual X Project 1 (1).pdf

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