Question
The owner of Malume Toyota Harrier wants to study the relationship between the age of a car and its selling price. Listed below is a
The owner of Malume Toyota Harrier wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 36 used cars sold at the dealership during the last year:
car | Selling Price ($ 000) Y | Age (years) X |
1 | 5 | 9 |
2 | 29 | 7 |
3 | 35 | 23 |
4 | 14 | 5 |
5 | 25 | 8 |
6 | 10 | 4 |
7 | 12 | 7 |
8 | 25 | 9 |
9 | 12 | 12 |
10 | 18 | 15 |
11 | 17 | 12 |
12 | 10 | 13 |
13 | 7 | 3 |
14 | 9 | 5 |
15 | 10 | 7 |
16 | 15 | 9 |
17 | 16 | 10 |
18 | 17 | 11 |
19 | 7 | 4 |
20 | 9 | 7 |
21 | 10 | 6 |
22 | 15 | 9 |
23 | 18 | 10 |
24 | 20 | 12 |
25 | 16 | 15 |
26 | 16 | 7 |
27 | 11 | 9 |
28 | 11 | 11 |
29 | 14 | 15 |
30 | 13 | 17 |
31 | 16 | 10 |
32 | 18 | 12 |
33 | 19 | 6 |
34 | 20 | 3 |
35 | 12 | 9 |
36 | 14 | 10 |
The computed regression line that can be used for prediction is:
A. | = 6.555 + 0.6617X | |
B. | = 9.105 + 0.6617X | |
C. | = 7.555 + 0.6617X | |
D. | = 8.555 + 0.6617X |
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