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Use the data given below to answer the following question(s) The following table exhibits the age of second-hand furniture and the corresponding prices. Use the
Use the data given below to answer the following question(s) The following table exhibits the age of second-hand furniture and the corresponding prices. Use the table to answer the following question(s). (Hint: Use scatter diagram and XLMiner where necessary.) Number of Years Values 340 48 120 230 12 9 13 10 6 91 63 30 50 200 Q1. What is the relationship between the age of the furniture and their values? Q2. What is the regression equation that correctly expresses the relationship between the two variables? Q3. What is the expected value for a 7-year-old piece of furniture? Q4. What is the value for R2? Use the data given below to answer the following question(s) The following table exhibits the age of second-hand furniture and the corresponding prices. Use the table to answer the following question(s). (Hint: Use scatter diagram and XLMiner where necessary.) Number of Years Values 340 48 120 230 12 9 13 10 6 91 63 30 50 200 Q1. What is the relationship between the age of the furniture and their values? Q2. What is the regression equation that correctly expresses the relationship between the two variables? Q3. What is the expected value for a 7-year-old piece of furniture? Q4. What is the value for R2
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