The table shows the numbers of new-vehicle sales (in thousands) in the United States for Ford and
Question:
The table shows the numbers of new-vehicle sales (in thousands) in the United States for Ford and General Motors for 11 years. The equation of the regression line is ŷ = 1.200x + 433.900.
Use the data to find
(a) The coefficient of determination r2 and interpret the result,
(b) The standard error of estimate se and interpret the result.
Transcribed Image Text:
New-vehicle sales Ford). r New.vehicle sales 4912 4853 4815 (General Motors), y 4148 3916 3576 3438 3271 3107 4912 4853 4815 4716 4657 4457 New-vehicle sales 2848 2502 942 656 1905 lllei (Ford), r New-vehicle sales 063825 2956 2072 2211 (General Motors), y
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a About 899 of the variation in the newvehicle sales of General Motors can be ...View the full answer
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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