question archive The following data is of the age of an item and the associated price of that item Age (yr) 5 4 6 5 5 5 6 6 2 7 7 Price ($) 85 103 70 82 89 98 66 95 169 70 48 a Calculate the correlation coefficient for this set of data b Determine the regression equation for this set of data c Calculate the coefficient of determination
The following data is of the age of an item and the associated price of that item Age (yr) 5 4 6 5 5 5 6 6 2 7 7 Price ($) 85 103 70 82 89 98 66 95 169 70 48 a Calculate the correlation coefficient for this set of data b Determine the regression equation for this set of data c Calculate the coefficient of determination
Subject:StatisticsPrice: Bought3
The following data is of the age of an item and the associated price of that item
Age (yr) 5 4 6 5 5 5 6 6 2 7 7
Price ($) 85 103 70 82 89 98 66 95 169 70 48
a Calculate the correlation coefficient for this set of data
b Determine the regression equation for this set of data
c Calculate the coefficient of determination
