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Data were collected on the age (in years) , mileage (in thousands of miles) , and price (in thousands of dollars) of a random sample of used Hyundai Elantras. Output from two models are provided.
Single Predictor Model:
The regression equation is Price = 13.8 - 0.0912 Mileage
Two Predictor Model:
The regression equation is Price = 15.2 - 0.0101 Mileage - 1.55 Age
S = 1.39445 R-Sq = 89.0% R-Sq(adj) = 88.0%
Analysis of Variance
-Use the provided output to determine how many cars were in the sample.
A) 22
B) 23
C) 24
D) 25
Correct Answer:
Verified
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