Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This is in Regression Analysis in Statistics. Provide clear and clean solution or explaination thank you. ACTIVITY # 2: The following data show the number

This is in Regression Analysis in Statistics. Provide clear and clean solution or explaination thank you.

image text in transcribed
ACTIVITY # 2: The following data show the number of years by which passenger jeepneys have been used and their corresponding depreciated prices in thousand pesos. Price In Age In Price In Jeep Years (X) Php 1,000 Age In Jeep Php 1,000 (Y) Years (X) (Y) A 5 85 G 6 66 B 103 H 95 C 6 70 2 169 D 5 82 J 7 70 E 5 89 K 7 48 5 98 a. Determine the regression equation for predicting the price of the jeepney in terms of its years of usage. b. Predict the price of the jeepney which is 3 years in use

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Discrete Structures, Logic, And Computability

Authors: James L Hein

3rd Edition

1449615279, 9781449615277

More Books

Students also viewed these Mathematics questions

Question

Wear as little as possible

Answered: 1 week ago

Question

Be relaxed at the hips

Answered: 1 week ago