Question: This is in Regression Analysis in Statistics. Provide clear and clean solution or explaination thank you. ACTIVITY # 2: The following data show the number

This is in Regression Analysis in Statistics. Provide clear and clean solution or explaination thank you.

This is in Regression Analysis in Statistics. Provide clear and clean solution

ACTIVITY # 2: The following data show the number of years by which passenger jeepneys have been used and their corresponding depreciated prices in thousand pesos. Price In Age In Price In Jeep Years (X) Php 1,000 Age In Jeep Php 1,000 (Y) Years (X) (Y) A 5 85 G 6 66 B 103 H 95 C 6 70 2 169 D 5 82 J 7 70 E 5 89 K 7 48 5 98 a. Determine the regression equation for predicting the price of the jeepney in terms of its years of usage. b. Predict the price of the jeepney which is 3 years in use

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