Question
Data were collected on the age (in years) and price (in thousands of dollars) of a random sample of 25 used Cars. The computer output
Data were collected on the age (in years) and price (in thousands of dollars) of a random sample of 25 used Cars. The computer output from a regression analysis is provided.
Model Summary
R-sqR-sq(adj)
89.9%87.4%
Coefficients
TermCoefSECoefT-ValueP-Value
Constant15.290.5826.180.000
Age-1.710.13-13.550.000
What is the value of the intercept?Enter the value exactly how it is displayed in the output.
Data were collected on the age (in years) and price (in thousands of dollars) of a random sample of 25 used Cars. The computer output from a regression analysis is provided.
Model Summary
R-sqR-sq(adj)
89.9%87.4%
Coefficients
TermCoefSECoefT-ValueP-Value
Constant15.290.5826.180.000
Age-1.710.13-13.550.000
What is the value of the slope?Enter the value exactly how it is displayed in the output.
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