Question: Suppose Cars.com would like to describe a linear relationship between the odometer mileage of a used 2010 Ford and its asking price. The table 3(Car.

 Suppose Cars.com would like to describe a linear relationship between the

Suppose Cars.com would like to describe a linear relationship between the odometer mileage of a used 2010 Ford and its asking price. The table 3(Car. com) contains data for these variables for 40 used 2010 Explorers currently on the market . Answer the following questions to help Cars.com analyze the relationship between the odometer mileage of a used 2010 Ford and its asking price.

odometer mileage of a used 2010 Ford and its asking price. Thetable 3(Car. com) contains data for these variables for 40 used 2010Explorers currently on the market . Answer the following questions to help

D Question 42 1 pts Refer to the Exhibit Cars.com. Using a = 0.01, what can you conclude about significance of the coefficient of determination? O We can conclude that the population coefficient of determination is greater than zero which means that, in the population, the odometer mileage explains a non-zero percentage of variation in the asking price. actemmnation O We can conclude that the population coefficient of determination is greater than zero which means that, in the population, there is no relationship between odometer mileage and asking price. the jonQuestion 45 1 pts Refer to the Exhibit Cars.com. Using a = 0.01, what can you conclude about significance of the slope coefficient? We can reject the null hypothesis that the population regression slope is zero. Therefore, we conclude that the population regression slope is different from zero and, thus, there is a relationship between odometer mileage and asking price. We cannot reject the null hypothesis th concede that the population between nodometer mileage We can reject the the population regress mheage and asking price. We can reject the null hypothesis that the population regression slope is zero. Therefore, we cannot conclude that the population regression slope is different from zero and, thus, there is no relationship between odometer mileage and asking price.

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