Question: Define the association between variables selected? What is the probability a car on the list will be less $29,000 and what is the probability the
- Define the association between variables selected?
- What is the probability a car on the list will be less $29,000 and what is the probability the car will be more than $29,000?
- Develop a 95% confidence interval estimate that the higher the price of the car, the higher the road test scores. (For assistance, see the Excel steps on page 415 of your textbook).
- What are the upper and lower limits for car cost and road test score?
- Perform a regression analysis for predicated reliability and price to develop an estimated regression equation that could be used to predict the reliability and price.
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