City government has collected the following data on annual sales tax collections and new car registrations: Determine
Question:
Determine the following:
(a) The least-squares regression equation.
(b) Using the results of part (a), find the estimated sales tax collections if new car registrations total 22,000,
(c) The coefficients of correlation and determination.
Transcribed Image Text:
1.0 1.4 1.9 2.0 .8 21 2.3 Annual Sales Tax Collections (in millions) New Car Registrations 10 12 5 16 14 17 20 (in thousands)
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Let nnul Sles Tx lletins re reresented by Y nd New r Registrtins re reresented by X s sles ...View the full answer
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