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April 30, 2024

math activity

Linear Regression Activity Ten Prius vehicles between 1 and 6 years old were randomly selected from the classified ads of The Arizona Republic. The following data were obtained, where x denotes age, in years, and y denotes price, in thousands of dollars. x 6 6 6 2 2 5 4 5 1 4 (age) Price 29000 26500 27900 40300 36600 29600 33900 30900 40600 30100 ($) (a) Draw a scatter diagram in StatCrunch and insert a screenshot here. Or you can do this by hand or anything similar. (b)Find the Linear Correlation Coefficient r. (c) Describe the shape, strength, and direction. (d) Does a linear relationship exist between the age of a Prius and its price? (use the proper critical value from the table included below to explain whether there is a linear relationship between the age of a Prius and its price) (e) If appropriate, explain the slope in context. (f) If appropriate, explain the y-intercept in context. (g) Predict the price of a one-year-old Prius. (h) Find the Residual of a one-year-old Prius. Table of Critical Values for the Linear Correlation Coefficient

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