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Car Dealers use the Blue Book to help determine the value of used cars. However, the Blue Book does not indicate the value determined by

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Car Dealers use the \"Blue Book\" to help determine the value of used cars. However, the Blue Book does not indicate the value determined by odometer reading. To examine if a relationship exists, a dealer selected 100 3-year-old Ford Taurus's equipped with similar options and recorded selling price (x$1000) and odometer reading (x1000 miles). The following partial observed data for 3 of the 100 cars is given and incomplete Minitab regression output is given: (314,145) (45.8.14) (359,15) Regression Analysis: Price versus Odometer The regressio quation is Price = 17067 0.0623 Odometer Predictor Coef SE Ccef T P Constant 169.0 100.93 0.000 m. m Odometer 0.004619 -13.49 0.000 5\"\" '* " 5 = 303.1 a-so = 65.0% :t-Sqiadj) = 64.7% Egg-ax\"? I \"h, ongmwo 5 Analysis of Variance "%'2: Source or as Ms E P " rum? m Regression 1 15734111 16334111 132.11 0.000 \""1 Residual Error 98 9005450 91892 Total 99 25739551 a. Fill in the boxes above in the Minitab output. b. What is the estimated least squares regression line for the above study? 0. Find the residual for a Ford Taurus that has 45,800 miles

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