Question: explain l a? l L = {0.1 inlet (2121. Consider the age and price for used cars sold last year by a car dealership company.

explain

explain l a\"? l L = {0.1 inlet (2121. Consider the age

l a\"? l L = {0.1 inlet (2121. Consider the age and price for used cars sold last year by a car dealership company. Use the least squares regression method to solve the next questions. (10 marks) I \"IIIunnum- Price in dollars 6300 5800 5700 4500 4100 3100 1. Find the slope m for the regression line (5 marks) 2. Find the intercept b for the regression line (3 marks) 3. Use the least squares regression line to estimate the price of a car aged 7 years. (2 marks) _ 'Lxiit b _ m m _ _ N 208) e (ml - N

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