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We consider a population of cars from a given model year. A sample of 24 such cars has been recently sold. The sale price as

We consider a population of cars from a given model year. A sample of 24 such cars has been recently sold. The sale price as a function of the age of the car is in the Excel file Data-AS2.XLSX (Car) in the Excel directory. a. Try a linear regression and an exponential (non-linear) regression with Excel to fit these data. Comment your results. b. Which regression model seems to fit the data better and why?

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