VEi A statistics student is studying if there is a relationship between the price of a used car and the number of miles it has been driven. She collects data for 20 cars of the same model with different mileage, and determines each car's price using a used car website. The analysis is given in the computer output. Using the computer output, what is the equation of the least-squares regression line? O 9 = -0.181 + 24157.2x O ý = 24157.2-0.181x O 9 = 2164.1 + 0.024x Poy =0.024 + 2164.1x Predictor Coef SE Coef t-ratio Constant 24157.2 2164.1 2.965 0.046 Mileage S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5% -0.181 0.024 5.377 0.000

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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A statistics student is studying if there is a relationship
between the price of a used car and the number of
miles it has been driven. She collects data for 20 cars
of the same model with different mileage, and
determines each car's price using a used car website.
The analysis is given in the computer output.
Using the computer output, what is the equation of the
least-squares regression line?
O y = -0.181 + 24157.2x
O y = 24157.2 -0.181x
O 9 = 2164.1 + 0.024x
Predictor
Coef SE Coef t-ratio
po9 =0.024 + 2164.1x
Constant
24157.2
2164.1
2.965 0.046
Mileage
S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5%
-0.181
0.024
5.377 0.0e0
Mark this andreturn
Save and Exit
Next
Submit
Cop
9.
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Transcribed Image Text:A statistics student is studying if there is a relationship between the price of a used car and the number of miles it has been driven. She collects data for 20 cars of the same model with different mileage, and determines each car's price using a used car website. The analysis is given in the computer output. Using the computer output, what is the equation of the least-squares regression line? O y = -0.181 + 24157.2x O y = 24157.2 -0.181x O 9 = 2164.1 + 0.024x Predictor Coef SE Coef t-ratio po9 =0.024 + 2164.1x Constant 24157.2 2164.1 2.965 0.046 Mileage S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5% -0.181 0.024 5.377 0.0e0 Mark this andreturn Save and Exit Next Submit Cop 9. 回 《
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