Multiple Choice
Using advertised prices for used Ford Escorts a linear model for the relationship between a car's age and its price is found.The regression has an
= 85.8%.Why doesn't the model explain 100% of the variation in the price of an Escort?
A) The model was calculated incorrectly.It should explain all the variation in price.
B) The model is only right 85.8% of the time.
C) 14.2% of the time the buyer is getting ripped off by an unscrupulous seller.
D) The prices of all used Ford Escorts were not used.
E) There are other factors besides age that affect the price.These include things such as mileage,options,and condition of the car.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The relationship between the number of games
Q25: A golf ball is dropped from 15
Q26: A golf ball is dropped from 15
Q27: The relationship between the number of games
Q28: A random sample of records of electricity
Q30: A random sample of 150 yachts sold
Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3448/.jpg" alt=" A)
Q32: The relationship between the price of yachts
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3448/.jpg" alt=" A)
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3448/.jpg" alt=" A)Model is appropriate.