Question
Mr. Johnson, city manager of Filkburg, Virginia, wants to develop a better understanding of the factors that influence vehicle maintenance and costs. Mr. Johnson has
Mr. Johnson, city manager of Filkburg, Virginia, wants to develop a better understanding of the factors that influence vehicle maintenance and costs. Mr. Johnson has data on 100 vehicles in the city's vehicle fleet. The city has data the following data:Annual maintenance cost per vehicle (MCOST)Total Vehicle Mileage (TMILE)The total number of days the vehicle was in use over the year (TDAYS)Type of vehicle (emergency =1; all other types of vehicles =0).Assist Mr. Johnson by generating regression using these data. Provide full regression analysis.What substantive conclusions can be reached about factors that affect vehicle maintenance costs?
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