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Question 59

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Use the following to answer the questions below:
Data were collected on the age (in years) and price (in thousands of dollars) of a random sample of 25 used Hyundai Elantras. A scatterplot of the data (with regression line) and computer output from a regression analysis are provided.
Use three decimal places when reporting the results from any calculations, unless otherwise specified.
The regression equation is Price = 15.3 - 1.71 Age
Use the following to answer the questions below: Data were collected on the age (in years)  and price (in thousands of dollars)  of a random sample of 25 used Hyundai Elantras. A scatterplot of the data (with regression line)  and computer output from a regression analysis are provided. Use three decimal places when reporting the results from any calculations, unless otherwise specified. The regression equation is Price = 15.3 - 1.71 Age    -Based on the available information, what is the correlation between age and price (in thousands of dollars)  of used Hyundai Elantras? A)  0.943 B)  -0.943 C)  9.43 D)  -9.43
-Based on the available information, what is the correlation between age and price (in thousands of dollars) of used Hyundai Elantras?


A) 0.943
B) -0.943
C) 9.43
D) -9.43

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