Question: Consider the following computer output from a multiple regression analysis relating the price of a used car to the variables: age of car, mileage, and

Consider the following computer output from a multiple regression analysis relating the price of a used car to the variables: age of car, mileage, and safety rating.Does the sign of the coefficient for the variable mileage make sense?

Consider the following computer output from a
Consider the following computer output from a multiple regression analysis relating the price of a used car to the variables: age of car, mileage, and safety rating. Coefficients Coefficients Standard Error + Stat P-value Intercept 27397.23 3761.64 7.283 0.0000 Age (Year) - 10548.01 1365.76 -7.723 0.0000 Mileage -714.44 58.16 - 12.285 0.0000 (in Thousands) Safety Rating 1031.23 115.44 8.933 0.0000 Does the sign of the coefficient for the variable mileage make sense? Answer Tables Keyboar O Yes, because it is expected that as mileage increases then the price should also increase. O No, because it is expected that as mileage increases then the price should also increase. O Yes, because it is expected that as mileage increases then the price should decrease. O No, because it is expected that as mileage increases then the price should decrease

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