Truck Speed and Gas Mileage
An economist wanted to analyze the relationship between the speed of a truck (x)and its gas mileage (y).As an experiment a truck is operated at several different speeds and for each speed the gas mileage is measured.These data are shown below.
-{Truck Speed and Gas Mileage Narrative} Calculate the standard error of estimate,and describe what this statistic tells you about the regression line.

Question

Truck Speed and Gas Mileage
 An economist wanted to analyze the relationship between the speed of a truck (x)and its gas mileage (y).As an experiment a truck is operated at several different speeds and for each speed the gas mileage is measured.These data are shown below.  ​ ​
-{Truck Speed and Gas Mileage Narrative} Calculate the standard error of estimate,and describe what this statistic tells you about the regression line.

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The Answer of Truck Speed and Gas Mileage
 An economist wanted to analyze the relationship between the speed of a truck (x)and its gas mileage (y).As an experiment a truck is operated at several different speeds and for each speed the gas mileage is measured.These data are shown below.  ​ ​
-{Truck Speed and Gas Mileage Narrative} Calculate the standard error of estimate,and describe what this statistic tells you about the regression line.