Question: Refer to Exercise 13.25. The following table, which gives the ages (in years) and prices (in hundreds of dollars) of eight cars of a specific
Refer to Exercise 13.25. The following table, which gives the ages (in years) and prices (in hundreds of dollars) of eight cars of a specific model, is reproduced from that exercise.
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a. Calculate the standard deviation of errors.
b. Compute the coefficient of determination and give a brief interpretation of it.
Age Price 45 210 100 33 267 34 109 235
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