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The Following Table Exhibits the Age of Antique Furniture and the Corresponding

Question 21

Multiple Choice

The following table exhibits the age of antique furniture and the corresponding prices.Use the table to answer the following question(s) .(Hint: Use scatter diagram and the Excel Trendline tool where necessary) .
 Number  of years  Value ($) 7893091101083970159195013416102102880889801782010124137072900\begin{array} { | r | r | } \hline \begin{array} { l } \text { Number } \\\text { of years }\end{array} & \begin{array} { l } \text { Value } \\( \$ ) \end{array} \\\hline 78 & 930 \\\hline 91 & 1010 \\\hline 83 & 970 \\\hline 159 & 1950 \\\hline 134 & 1610 \\\hline 210 & 2880 \\\hline 88 & 980 \\\hline 178 & 2010 \\\hline 124 & 1370 \\\hline 72 & 900 \\\hline\end{array}
-In a linear relationship, which of the following accounts for the many possible values of the dependent variable that vary around the mean?


A) the coefficient of the dependent variable X
B) the value of the intercept ß₀
C) the random error term ε
D) the standard error SYX

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