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Question 55

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Use the following to answer the questions below:
Data were collected on the mileage (in thousands of miles) and price (in thousands of dollars) of a random sample of used Hyundai Elantras. A scatterplot of the data (with regression line) , some summary statistics, and partial computer output from a regression analysis are provided.
Use three decimal places when reporting the results from any calculations, unless otherwise specified.
Use the following to answer the questions below: Data were collected on the mileage (in thousands of miles)  and price (in thousands of dollars)  of a random sample of used Hyundai Elantras. A scatterplot of the data (with regression line) , some summary statistics, and partial computer output from a regression analysis are provided. Use three decimal places when reporting the results from any calculations, unless otherwise specified.    -Use the equation of the least squares line to predict the price of a used Hyundai Elantra with 50,000 miles. A)  9,240 B)  $6,900 C)  $12,888 D)  $13,344
-Use the equation of the least squares line to predict the price of a used Hyundai Elantra with 50,000 miles.


A) 9,240
B) $6,900
C) $12,888
D) $13,344

Correct Answer:

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