Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Regression Equation Price = 1125 - 27.3 Age Coefficients Term Coef SE Coef T-Value P-Value VIF Constant 1125 118 9.55 0.000 Age -27.3 12.4 -2.20
Regression Equation Price = 1125 - 27.3 Age Coefficients Term Coef SE Coef T-Value P-Value VIF Constant 1125 118 9.55 0.000 Age -27.3 12.4 -2.20 0.046 1.00 Model Summary S R-sq R-sq(adj) R-sq(pred) 186.875 27.13% 21.53% 5.87% Analysis of Variance Source DF Adj SS Adj MS F-Value P-Value Regression 1 169036 169036 4.84 0.046 Error 13 453987 34922 Total 14 623024
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started