Refer to Exercise 2.97 (p. 106). The data in the value of 50 Beanie Babies collector's items,
Question:
Refer to Exercise 2.97
(p. 106). The data in the value of 50 Beanie Babies collector's items, published in Beanie World Magazine, are reproduced on the next page. Can age (in months as of Sept. 1998) of a Beanie Baby be used to accurately predict its market value?
Answer this question by conducting a complete simple linear regression anlysis on the data. Usc the SAS printout on page 550.
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Related Book For
Statistics For Business And Economics
ISBN: 9780130272935
8th Edition
Authors: James T. McClave, Terry Sincich, P. George Benson
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