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For questions #13-20, refer to the following:A linear regression analysis is used to find the relationship between the age (x)of a car and the value

  1. For questions #13-20, refer to the following:A linear regression analysis is used to find the relationship between the age (x)of a car and the value in 1,000's (y)of that car. A random sample of some Ford Taurus model cars are being used with the results below.
  2. age (x):259476
  3. value in 1000's (y):24.516.77.322.35.614.5
  4. What is the value for SSxy?
  5. a.-167.94
  6. b.2499.75
  7. c.-86.35
  8. d.163.63
  9. e.2785.44

2 points

QUESTION 14

  1. What is the value for SSxx?
  2. a.998.25
  3. b.225.82
  4. c.907.5
  5. d.29.5
  6. e.120.25

2 points

QUESTION 15

  1. What is the value for SSyy?
  2. a.107.96
  3. b.294.20
  4. c.-1286.24
  5. d.-597.67
  6. e.982.76

2 points

QUESTION 16

  1. What is the value of the correlation coefficient, r?
  2. a.-4.91
  3. b.-.95
  4. c.-.26
  5. d.-.93
  6. e..35

2 points

QUESTION 17

  1. What %of the y-variable is directly related to the x-variable?
  2. a.86.49%
  3. b.26.45%
  4. c.93%
  5. d.8.65%
  6. e.4.91%

2 points

QUESTION 18

  1. What is the equation of the regression line?
  2. a.y =-1.30-2.99x
  3. b.y =31.27+ 2.93 x
  4. c.y = -4.56 + 7.96x
  5. d.y =17.65+1.45 x
  6. e.y =31.27-2.93x

2 points

QUESTION 19

  1. What is the value of a 4 year old Ford Taurus based on this linear regression analysis?
  2. a.22.3
  3. b.19,550
  4. c.22,300
  5. d.15,650
  6. e.19.55

2 points

QUESTION 20

  1. What is the predicted value of a 7year old Ford Taurus based on this linear regression model?
  2. a.10,760
  3. b.10.76
  4. c.5,600
  5. d.5.6
  6. e.cannot make a prediction on a 7year old 10.76Ford Taurus

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