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 = 1.624x - 747.304.
Use the data to
(a) Find the coefficient of determination r2 and interpret the result, and
(b) Find the standard error of estimate se and interpret the result.
Transcribed Image Text:
New-vehicle sales 2848 3107 2502 1942 1656 1905 (Ford), x New-vehicle sales 4457 4068 3825 2956 2072 2211 (General Motors), y New-vehicle sales 2111 2206 2435 2418 2549 (Ford), x New-vehicle sales 3082 2504 2596 2786 2935 (General Motors), y
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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