Question: How do you find the regression line? I can find the a and b but not sure how to get the e? so far I
How do you find the regression line? I can find the a and b but not sure how to get the e? so far I have y= 36947.34 x .744 ^ x
Thanks in advance

Math 30-2 Module 7 Assignment 7 Name: Date: Lesson 7: Modelling Data Using Exponential and Logarithmic Regressions Please type your work on this page or print the pages and write your answer below each question. Total /7 1. In 2008, Marianna paid $14 500 for a used 2005 van. She has been tracking the selling price of the van as time has passed to decide how long to keep the van before replacing it. The data she has collected is shown in the following table: Age (in years) 3 4 5 6 7 8 Selling Price ($) 14 500 11 600 8700 6800 4300 3500 a. Determine the equation of the exponential regression function that models the depreciation of the van. Specify what x represents and y represents. (3 marks - 1 mark for the equation, I mark for identifying x and y Regression function: x represents: y represents: b. What was the initial selling price of the van in 2005? (1 mark) wasweas moy bauon ly vel sumlop legacy orly nedw erezsig boold istions out 1oiberg la c. What is the annual depreciation rate of the van? (1 mark) Page 1 of 2
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