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The following data are a sample of the ages, $x$ (years), and the asking prices, $y$ (in thousands of dollars), for used Honda Accords that
The following data are a sample of the ages, $x$ (years), and the asking prices, $y$ (in thousands of dollars), for used Honda Accords that were listed on Autoirader.con \begin{tabular}{cccc) $x$ & $y$ & $x$ & $y$ W \hline 3 & $24.95 & 2 & $26.9$ 7 & $9.0$ & 4 & $23.8$ 5 & $17.8$ & 5 & $19.3$ 4 & $29.2$ & 4 & $21.9$ 6 & $15.9$ & 6 & $16.4$ 3 & $24.9$ & 4 & $21.2$ 2 & $25.7$ & 3 & $24.9$ W 7 & $11.9$ & 5 & $20.0$ 6 & $15.2$ & 8 & $13.6$ 2 & $25.9$ & 5 & $18.8$ \end{tabular (a) Use the linear gression program on the graphing calculator to obtain the equation of the line of best fit. (Give your answers correct to two decimal places. ) $9=340 \quad x+3.04 \quad x \times (b) Predict the average asking price for all Honda Accords that are 5 years old. Obtain this answer in two ways: using the equation from part (a) or using the ref the scatter diagram shown on the graphing calculator (Check the instruction on the Power Point slides.) (found to the nearest dollar.) $1$ 18$ x (c) Can you think of any potential lurking variables for this situation? (Select all that apply.) potential buyer's desire to buy car condition of car make and model of car mileage of car age of car S.P.PB. 336
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